July 11, 2008, Newsletter Issue #76: Private Loans for Distance Students

Tip of the Week


Canadian banks like Scotia Bank offer lines of credit to students enrolled in any university. These lines of credits are used to offset some of the expenses students incur while studying. Lines of credit are not as comprehensive as student loans and are not expected to cover the full costs of university. A Canadian co-signor is often needed for new high school graduates to obtain a line of credit.

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