Bank loan option for International student and having immediate family as guarantor

[roxaino]

Hi everyone,
I am a Permanent resident who's planing to bring my younger sister here in Canada to pursue her college degree, I have a good credit score and doesn't have any issue to be her guarantor, may i please know if there's anyone in here who were able to get a student loan as an international student having an immediate family as a guarantor?

 

[canuck78]

Hi everyone,
I am a Permanent resident who's planing to bring my younger sister here in Canada to pursue her college degree, I have a good credit score and doesn't have any issue to be her guarantor, may i please know if there's anyone in here who were able to get a student loan as an international student having an immediate family as a guarantor?

Your sister wouldn’t qualify for a Canadian student loan. You will have to show you have the liquid savings to pay for her 1st year plus the ability to pay for subsequent years. You can see if you qualify to take out a loan yourself but will have to show you have the liquid funds well in advance of when she applies.