As a newly-landed permanent resident in Canada, what would our possible options be with regards to funding for post-secondary education (university)? Will we be eligible for a student loan from the government, or do we approach a private lending institution/bank...? What have your experiences been with this? Hope someone can help enlighten us. Thank you.
Paying for university?
- Thread starter xxkbxx
- Start date
toby
Champion Member
- Sep 29, 2009
- 105
- Category........
- Visa Office......
- Hong Kong
- Job Offer........
- Pre-Assessed..
- App. Filed.......
- November 2009
- Med's Done....
- October 2009 and 15 April 2011
- Interview........
- 4 April 2011
- Passport Req..
- 4 April 2011
- VISA ISSUED...
- 7 July 2011
- LANDED..........
- 15 July 2011
Unless the Permanent Resident was sponsored by a spouse, the sponsor had to show enough financial resources to support the new resident, right? Now he/she wants to borrow money? Can this be?
No, that does not apply in this case.
A sponsor of a spouse does not have to show any funds but they are financially responsible for their spouse for 3 years after they become PR. That however only applies to social assistance. Student loans are not considered social assistance.
A sponsor of a spouse does not have to show any funds but they are financially responsible for their spouse for 3 years after they become PR. That however only applies to social assistance. Student loans are not considered social assistance.
^ Precisely. We have more than enough for everything else for a year or so to "survive" in Canada with or without a steady job (though of course the principal applicant intends to get one). But as anyone would know, university fees are different and tend to get very pricey. That's why I asked in the first place.
A PR is a PR and that's all there is to it. You could apply both for gov't support and bank loans. It doesn't matter that you are newly landed.
