Banks offering loans for MBA are many. But the popular ones are:-
* Scotia bank &
* RBC - Royal Bank of Canada
You also have the option of OSAP. The deadline for OSAP is June 15th for 2009.
Regarding the banks, they need a guarantor or they need you to have personal assets that can be used as guarantee. I also found out that I can get a line of credit or a Personal loan from BMO for the purpose of education.
I shall apply for OSAP today. If granted funds, go for the big name biz school. If not, I shall probably have to settle for the affordable programs and pay out of pocket from my income.
This blog site is about my journey to B-school. The posts were written in 2009 & 2010, BEFORE I started my MBA. I had no mentor / guidance while applying & learned through trial & error, from random sources like websites, forums, and blogs. I got acceptance into 4 universities & had an interview at a 5th. Accepted a scholarship at Ryerson U. Started MBA in Sep. 2010. Completed in Dec. 2012. Good luck with your MBA applications and journey! Take care. Gerry.
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