Can we apply for student loans in multiple provinces if we qualify?
Hi,
This question is for anybody who has post secondary students who have knowledge about financial aid.
So my question is that I moved from ontario to alberta about a year ago and applied and qualified for osap last year. Now I checked this year that although i qualify for osap again, I also qualify for student loan from Alberta as well (ALIS).
So Im wondering, is it okay to apply to both places and recieve money from both sides or do my actions violate some sort of rules and regulations. I know i will accumulate a lot of loan but aside from that, i want to know the legality of the issue and the best possible way to go about it.
Also, BTW im talking about applying for 2009/2010 school year so I have not done anything yet.
Thanks
Students and parents who must deal with the high cost of a college education have available to them a wide range of student loans. This article offers details on three general types of student loans. Unlike other student loans, application for a specific Stafford Loan should be preceded by the filing of a Free Application for Federal Student Aid (FAFSA). The FAFSA application should be made in the name of the aspiring student.
http://www.worldbestloans.com/student-loans.htm
Like some other student loans, application for the Signature Loan permits the use of a co-signer. In fact, there is a real advantage to applying for a Signature Loan with a co-signer.
