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PSLOC question

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Would securing funds first through a PSLOC affect my chances of receiving federal and provincial Government loans or bursaries/financial aid from the University this fall?

My province has yet to release applications for student loans. According to their aid estimator I’m eligible to receive loans but it won’t cover things completely. I’ve gotten in touch with my local branch and applied  for a line of credit. 

I’d obviously like to maximize my ability to receive financial aid from school. However, I’m worried my access to credit from the bank will hurt my chances. Anyone have some advice on how to proceed? 

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20 hours ago, WindsorHopeful said:

A PSLOC is available debt, not an asset. It will not affect your chances.


Agree... at least for Alberta

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