Canadian getting a loan big enough to cover American school?

Discuss various money matters here. Loans (federal and private), scholarships, lottery winnings, or other school finance related information and queries.
KFV
Posts: 55
Joined: Mon Nov 26, 2012 8:10 am

Canadian getting a loan big enough to cover American school?

Postby KFV » Tue Jul 09, 2013 9:47 pm

So, I got into the school I really wanted to get into (Northwestern) today and I even got a scholarship! Awesome, right? Except I can't get an American loan to cover the rest because I'm a Canadian. And Canadian loans are limited to 80k over three years.

So... am I just shit out of luck here? I'm pretty sure I'm shit out of luck...

RoaringMice
Posts: 147
Joined: Wed Jun 12, 2013 9:40 pm

Re: Canadian getting a loan big enough to cover American school?

Postby RoaringMice » Sun Jul 21, 2013 9:17 pm

You are out of luck, yes. Your only option is to talk to Northwestern and see if they can give you any aid directly, but your chances on that one are not at all good. You lose nothing by asking, though.

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rinkrat19
Posts: 13918
Joined: Sat Sep 25, 2010 5:35 am

Re: Canadian getting a loan big enough to cover American school?

Postby rinkrat19 » Sun Jul 21, 2013 9:40 pm

I assume you don't have any family in the US who would cosign for you on private loans? Are private loans from Canadian banks an option?




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