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K. Gosselin Forum on Canadian Student Loans

  • Tammy Paulino
    Tammy Paulino Canada, Barrie
    Sep 16, 2014
    Sep 16, 2014
    I have been trying to go back to school for the last 2 years. The interest accumulated on my loan is higher than my actual loan. If I take out a loan to pay off the interest accumulated, I am not guaranteed OSAP to go back to school? Not fair. I am a single mom of 3 kids and am forced to work low paying jobs and living below the poverty line. Forced to be on a 3-5 year waiting list for low income housing and forced to pay ridiculous amounts of money for rent and the cost of living. I cannot afford to take out a loan to pay my interest and then be refused OSAP. What am I to do. This should be easier. Lets give money to 18 and 19 year old's that may default but then not give it to mature students who have learned their lessons and are making an effort to rehabilitate? It does not make sense.
  • Anonymous
    Mar 13, 2014
    Mar 13, 2014
    CRA and OSAP and National Student loans all have lack of customer service and knowledge on how to apply and payback loans.


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