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dwight453

B.C. Resident: ScotiaBank vs. Government Loan

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Hi everyone,

I have a question regarding student loans. I'll be attending law school next year, and I'm beginning to become concerned with how I will pay for everything. I have no student debt from my undergrad, and have some money saved to probably cover rent or school for the first year only. I've heard that Scotiabank has student loans for graduate programs and have heard decent things about the program. I'm wondering if any of you have used scotiabank and have any advice about it. Also, if you know if I'd be better off to go through government loans, scotia bank or any other programs you know of. Thanks for any comments or advice!

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The best course of action is to get government loans and then bank lines of credit to cover any remaining costs. Government loans are often partially grant based and are interest frozen during school.

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If you end up working for the BC government at the end of law school they will also pay off the BC portion of your student loan over three years.

Not everyone does end up doing that, but its a nice perk if you end up a government lawyer.

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On 2/13/2020 at 1:34 PM, dwight453 said:

Hi everyone,

I have a question regarding student loans. I'll be attending law school next year, and I'm beginning to become concerned with how I will pay for everything. I have no student debt from my undergrad, and have some money saved to probably cover rent or school for the first year only. I've heard that Scotiabank has student loans for graduate programs and have heard decent things about the program. I'm wondering if any of you have used scotiabank and have any advice about it. Also, if you know if I'd be better off to go through government loans, scotia bank or any other programs you know of. Thanks for any comments or advice!

Don't be concerned. That you have money saved and no undergrad debt puts you in a better position that most incoming 1Ls.

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