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Cheech

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  1. I've actually heard that some people on this site have been able to negotiate the same deal at Scotia (details should be in one of the recent threads in the Student Financial Support section). However, it doesn't seem to be something they happily advertise or even do often. I asked my advisor about it (one that deals specifically with student LoCs, not just a random representative) while shopping for loans and he told me that it wasn't something that he was aware of, so it seems to be a one-off deal in most cases.
  2. Yikes. Is "more variety" supposed to be a good thing or a bad thing? Sounds to me like job prospects for Bay Street will be be worse off in the near future.
  3. CIBC offered me 135k at prime + 0. Interestingly, it's worth noting that they're the only bank that advertises the ability to convert your entire loan into a professional revolving line of credit, which means you can keep the LoC open perpetually after graduation, instead of having to pay it back as a loan. This is something you may want to consider when shopping for loans.
  4. For the record, I was just clarifying Blocked's equation as he seemed to have make a mistake in arithmetic, not providing my own formula. Nevertheless, doesn't his formula take into account income foregone while attending school? It assumes that you would spend everything on living expenses (rent/food/car/debt service), while the rest (roughly 10%) is saved and invested. Thus the net amount you would have ended up with after working those 3 years is simply the 10% of salary saved + interest. Similarly, the 100k student debt figure would have to include living expenses incurred at school (income earned at school - expenses, which nets to 100k debt). You're probably right on the true cost vs opportunity cost front though. I don't know enough about the terminology to really comment about that.
  5. Spot on. This has been my experience in the engineering field. Most ambitious individuals aspire to move out of technical work and towards business/management positions. Otherwise, your earnings potential is limited (this is also not counting software engineering, of course, which doesn't really work like traditional engineering fields). How did you arrive at $302,671? Shouldn't it be 86,600 (cost of the debt) + 16071 (foregone savings) + 100000 (cost of school) = 202,671? But even so, why stop the analysis at 10 years? Most of us have a 30 odd year career ahead of us. The differences between the two lifestyles diverge even more so after that point.
  6. That doesn't really make sense. You said it yourself, those who supposedly accepted due to the availability of online classes are going to have to move eventually anyway. That would include yourself had you applied and been accepted. And if you were willing to move anyway, you should have just applied in the first place.
  7. Are both cards no-fee? If so, there's no harm in getting both, aside from a very minor credit hit that will go away after some usage. You might as well get both to reap the welcome bonus points. There are also various other benefits that each card has that the other doesn't, such as no foreign exchange fee on the Visa, so you might as well get both to have maximum flexibility in any situation. The only problem I can foresee is that both cards require you to spend a certain amount in the first 3 months of activation to gain the maximum bonus, so you might not be able to hit the target on both cards. If you can get one for now and then the other 3 months from now, that would be even better.
  8. If you ask me, a 170+ LSAT would make a difference in your application. For your reference, I have an engineering background with similar stats but a higher LSAT, and was accepted to a number of Canadian schools. I scored a 167 on my first go as well, but I'm glad I rewrote as I ended up with a 173. I do think it made a difference in my application. My bigger concern, however, would be with your access claim. Can you demonstrate that you've been able to manage your condition effectively? It's my understanding that law school adcoms want to see evidence that you've figured out how to deal with the problem(s) that caused your poor performance. Naturally, they want to see that your performance from that time period is unrepresentative of how you would perform in law school. If you still have a chronic illness that, according to your description, can't be treated, then it could reflect negatively on your application.
  9. The LSAC operates the law school application service for American law schools. In Canada, schools generally run their own application system, meaning you have to apply to each school separately through their own service. The exception to this is Ontario schools, who run their applications through a centralized service called OLSAS (Ontario Law School Application Service). OLSAS is run by the province's broader centralized university application organization, OUAC (Ontario Universities Application Center). I probably should have referred to it as the "OLSAS limit" rather than "OUAC limit" initially, but people generally understand the terms interchangeably in this context. Unfortunately the LSAC has no role in the process other than administering the LSAT and transmitting the scores to your schools, which is included in the price of the test. You did not have to purchase any additional packages unless you wanted to apply to American schools.
  10. Question about this. Are these references to the crown actually refering to the British Crown or to the Canadian Crown? Practically speaking I'm sure it doesn't matter whatsoever but I'm curious on a personal level.
  11. Yes, I meant the OUAC limit for Ottawa strictly. It still definitely varies by school.
  12. I believe the OUAC limit for this past cycle was 8000 characters, but I can't guarantee if it will still be the same for the upcoming cycle.
  13. Like your last sentence implies, you're in support of having references in general, which is fine and normal practice in any hiring process. I've never had a professional job interview that didn't ask for references. Having a pre-written reference letter for a job, on the other hand, is foreign to me.
  14. I can't help but wonder if the poster misunderstood "provide x references" as "provide x reference letters". I was under the assumption that references work the same way in the legal world as they do in other workplaces: provide a couple of names, along with relationship and contact info, for the recruitment team to follow up with over the phone. Or is that not the way it's done?
  15. No, you definitely still have a shot, especially if your diagnostic score was 165. If you get your real score to 170+ and apply broadly, you have a good shot at getting in somewhere.
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