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laney211

PSLOC for Maritimes Student

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I am nearing the end of my first year and need to apply for a PSLOC to use for my remaining 2 years of school. I have read through the countless posts on here talking about what rates to expect from different banks, particularly discussing the ability to get an interest rate of prime or very close to it. However, I have only been able to find people talking about this who say they are in Ontario, Alberta, BC, etc., and have not seen anyone speak specifically from Atlantic Canada.

I am wondering if rates for students here are similar or if my expectations should be different going in? Given the lower tuition rate for law schools here (and the fact that I have already paid for 1st year) I am not concerned about being able to get 100k or more for a limit as I won’t need that much money, but I’m obviously looking for the best interest rate I can get, and want to know what I should reasonably be looking to get when I’m shopping around.

Anyone with knowledge of LOCs in Atlantic Canada who can share their experience would be appreciated!

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