Professional student lines of credit are another key source of funding that the majority of Osgoode students will rely on to help with tuition and other living expenses while in law school.
Things to remember
- It is your responsibility at the beginning of each academic year to contact the financial institution with which you have a student line of credit (or with which you wish to establish a new line of credit) to secure funding for the next academic year, including your year of articling.
- Having your student line of credit in place is a requirement for the Osgoode Bursary Program so we strongly recommend that you arrange for this over the summer, so as not to delay your bursary funding.
- For students who qualify, Osgoode’s bursary program will provide funding that assists with interest payments on your student line of credit, effectively creating an “interest-free” loan throughout your time at Osgoode.
Do your homework!
Many financial institutions offer loan programs and other banking benefits, specifically for students of professional schools. You are strongly encouraged to do your research about the various financial programs available from all banks, and choose the right institution for you. You will be eligible for a bursary regardless of which institution provides you with a line of credit. Please note that for a bursary program, if you are denied by your first choice of institution, we require a second application to either RBC or Scotiabank as those banks have programs in place for students of professional schools.