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-   -   Student loans: Bank vs. Government (https://www.revscene.net/forums/654830-student-loans-bank-vs-government.html)

aikenluu918 10-05-2011 02:27 PM

I got to bcit, and I work.. Yeah its tough, not impossible. May be limited to shifts and hours, I work 12 hours a week. I can get by on that, my rent is free. I definitely can't spend 300 in 2 weeks. You say you have to pay for tansportation to-and-from school. Upass is included in your tuition. But yes go with government loan.
Posted via RS Mobile

see.lai 10-05-2011 03:10 PM

I got rejected for student loans from StudentAidBC in in August..
Now I'm not going to Langara and I'm waiting for school at BCIT in Fall 2012.. :alone::alone:

Maybe i filled something wrong; I could've applied for loans from the bank though. Oh well..

RFlush 10-05-2011 05:37 PM

Quote:

Originally Posted by miss_crayon (Post 7602340)
Yaminashi..a honger?! Lolololol! He's a freaking white kid trapped in an Asian body.

So basically just because yams can have his parents afford to pay for his tuition then it automatically means his parents will pay for everything else? Who are you to say he isn't deserving of a student loan when you know nothing about his situation? You're automatically assuming the worst of someone when the only 2 pieces of info you know is he has free rent and free tuition?

If thats how you operate as a person then you have a lot to see in this world. And by that honger comment should I assume you're racist too?
Posted via RS Mobile

Actually the honger comment was a reference to

Quote:

Originally Posted by !Yaminashi (Post 7601539)
I'm not one of those rich honger kids with an M3 and billionaire parents just throwing money at me.

So you should assume Yaminashi is the racist. But if you automatically assume the worst of someone on that information then you have a lot to see in this world.

If Yaminashi wants to cheat the system, then go ahead. But he should only know that he is just hurting the students who actually need it, like maybe see.lai.

If Yaminashi fills in the BCSL forms correctly (which I doubt) with no lies, then he will get rejected for sure anyways. BCSL will never give anyone who has free tuition and lives at home a loan, but it's safe to assume if he likes to steal money, he will probably lie and say he has to pay for his own tuition and he has to pay his own rent.

It doesn't directly affect me, just feel bad to those who actually need it but can't get it and thus not be able to attend school because of other people's selfishness.

DJSherwin 10-05-2011 05:42 PM

They don't ask you whether or not your tuition is paid for by your parents. And saying you live with your parents will only reduce the amount they will give you.
They give you more money based on your living expenses (such as if you pay rent).

They also specifically state money should go towards tuition and books first, then to living expenses. It isn't a rule that it HAS to go to tuition.

RFlush 10-05-2011 05:53 PM

Quote:

Originally Posted by DJSherwin (Post 7602772)
They don't ask you whether or not your tuition is paid for by your parents. And saying you live with your parents will only reduce the amount they will give you.
They give you more money based on your living expenses (such as if you pay rent).

They also specifically state money should go towards tuition and books first, then to living expenses. It isn't a rule that it HAS to go to tuition.

They will ask:

16 All contributions from parent(s)/step-parent/sponsor/legal guardian including registered education savings plans (RESPs) and scholarship trust funds.
[All contributions from parent(s)/step-parent/sponsor/legal guardian including Registered Education Savings Plans (RESPs) and Scholarship Trust Funds.

Include all monetary contributions from your parent(s)/step-parent/sponsor/legal guardian, including any money received from cashed Registered Education Savings Plans (RESPs), not the total value in the RESP account, but the amount cashed for you for this study period, even if the amount is already indicated on the Appendix 1 - Parent(s)/step-parent/sponsor/legal guardian's financial information form. Include scholarship trust funds.]

And when (if, which I doubt) he writes down the full amount of the program costs, they wont approve him. He will also probably need to get the appendix filled out by his parents.

Phozy 10-05-2011 06:06 PM

Really RFlush? Your flaming at Yam for being one of the people using money? Payed tuition and rent? that isnt enough for you to assume hes using the money for wrong reasons.
There's so much more fees, little things that come up, living expenses, gas, food, supplies, saving, insurance, and so much more.

You think him getting a loan contributes to taking money away from the students who really need it? Tell that to the fucking lotto companies who shell out billions a year to people who dont need fucking 50million dollars. Tell that to the government, who approves of the so many-unnecessary projects, buildings, malls, all that bullshit we dont even need, that are coming out of taxpayers' pockets. To the so many people who have $100/hr jobs, also payed by larger companies. Us taking student loans is NOTHING compared to how much money our gov. wastes a year. Selfishness? Everyone wants to get a slice of cake, first come first serve, too fucking bad, the world isnt fair. Ask the providers to make more, not dump it in the wrong places.

Nonetheless, he only asked for opinions, not for your ass to come assuming and bagging on his ass. Get off his dick.

!Yaminashi 10-05-2011 06:26 PM

RFlush you seriously have some issues you need to work on. Why would you automatically assume I intend on lying in my application? Ive called BCSL and talked to their staff and explained the very situation posted here. All they said was my allowance would be lower, and understandably so.

So stop being a prick and quit your assuming. Its really making you look like a twat

Meowjin 10-05-2011 07:08 PM

I can see where RFlush is coming from. 3 years ago I was rejected from student loans that prevented me from going to school and I missed an oppurtunity to go to nursing school because of it. After I got rejected I just worked and Kinda forgot about school. Essentially I got in a car accident and wrote off my car and had to buy a new one. It's a big red flag owning a car. But now that my car is paid off and worth about 16 grand I was easier to get loans.

There are alot of students who either

a) lie to get their loan
b) get their loan/free money (think prior 2004) and then bought cars with it.
c) fill it out truthfully and don't get it because there are people in greater need (refer to a)

!Yaminashi 10-05-2011 08:17 PM

For him to attack me and automatically assume Im going to lie so I can "steal" money is absolutely ridiculous.


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