Is it possible for me to get student loans from the QC government even though I live with my parents and they are high-income (upwards of 200)?
I was thinking balance transfer but it seems limited to my credit limit, I would love to just transfer the entire 150,000 but my limit would be 10,000 or 20,000I would just need a year at reduced interest. Ideally the interest rate is lower than 5% since student loans are tax deductible. Thoughts?
Jul 29th, 2023 12:01 am
I'm still confused. From the website, "If you are eligible and accepted into RAP, the Government of Canada will pay the interest owing that your revised payment does not cover. " Since federal loans have no interest now and provincial loans only account for a small portion, apart from dela...
Nov 15th, 2021 9:55 pm
And is it a good idea to pay it all at one time? Thanks.
Aug 11th, 2021 5:27 pm
Hi there, I am entering my masters program which is not eligible for government student loans, so I will be taking a LOC. Any advice for which banks offer the best rates?
Jul 2nd, 2021 12:35 pm
Wife got accepted in nurse practitioner program in the states. Any experience on student loan from Canadian banks? Need to plan ahead as deadline for enrollment is May especially with the virus probably limit visiting branches in personThanks for any insight.
Here’s my deal, had a student loan I stopped paying way way way back, like 2006 or so, went into collections, ended up filing a consumer proposal, which also failed and deemed abandoned (2012-2013ish). In subsequent years, I ended up ...
Mar 4th, 2020 12:43 am
I worked in a tax office in 2018. It was common there to claim interest from student loans on personal tax returns, even when NSLSC had provided 100% RAP and interest was not applied to the customers loan. I questioned this practice at the time and they said: "it doesn't matter, just put the in...
Jan 2nd, 2020 7:27 pm
Hi RFD Users, Sorry for my bad English in advance I came to Canada on Dec 2018, and I applied for a program in Seneca college which starts on Jan 2019, Since the first day which I landed my address is different with my parents. I'm living with my girlfriend and we don't have any written rental agree...
I am in a tough situation with paying for my school tuition. I am currently enrolled in a Carribean school and have 2 tuitions left to pay. The previous 8 tuitions were paid in full. I calculated the average cost for me to graduate from my current standpoint including my tuition, living expenses, St...
Hello anyone know what happens the the remaining balance owing on a Canada student loan (BC). I had signed for max term 15 years...but as I calculated at the end of loan term. There will still be roughly $4000 owning.. would that balance become payable immediately, or a new loan be issued?
Jun 2nd, 2019 12:15 pm
I didn't hear about the deadline because I never received the letter.What can be done at this point other than filing my own legal case?
Hi all, I work in higher education and am trying to create a youtube channel to help the next generation avoid the mistakes or make the right decisions not all of us may have made in the categories of 1) Career 2) Personal Finance and 3) Student Life. Is there anything particular student life wise y...
I was wondering if there is possible to include a Quebec student loan in an earlier bankruptcy. The student loan was too new to be discharged at that time, so I'd like to know if it is possible to include it when 7 years will pass from the time I ceased ...
Nov 18th, 2018 12:36 am
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I have about 9000.00 to pay off for student loan and currently paying prime + 2% ..I could take all of my savings and get rid of this debt but I am looking at options and at this point paying over 6% interest seems crazy right now! I am wondering ...
Oct 28th, 2018 8:54 am
I have a question in regards to buying a vehicle while under loan. I am a full adult (out of high school 4 years+) If I was to get a loan of 10-15k and buy a used vehicle, can it impact my OSAP funding greatly? Im aware there has been some changes with OSAP, my coworker bought a brand new vehicle (l...
Oct 17th, 2018 2:33 pm
Hi ,I have a 14k student loan with the government and the interest rate is 4,20%. With the provincial (QC) tax credit , the interest becomes roughly 3,5% a year.Is it even worth paying anytime more than the minimim ? I currently pay ~50$ bi-weekly for the next 15 years . I have no other debt.
Oct 7th, 2018 1:17 pm
... as Employment and Social Development Canada) announced that an external hard drive containing the personal information of individuals who were student loans borrowers between 2000 and 2007 had gone missing from an HRSDC office in November 2012. The class action arising out of the lost hard ...
Sep 25th, 2018 2:10 pm
Hi everyone, I'm 23 and have a maxed out TFSA and wanted to go back to school to get a business degree(specialized in Finance or Accounting). Unfortunately it looks like my assets severely affect the amount of osap grants given, was just wondering if we could have a thread about strategies to maximi...