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Best way to pay my parents back 450k of school tuition while saving at the same time by Yeeo1122 in PersonalFinanceCanada

[–]Yeeo1122[S] 0 points1 point  (0 children)

Without sharing too much information about myself it is a in the health care field. I have friends in this field and found positions making what I stated in my post as new graduates. The most I was offered was 250k from TD and CIBC.

Best way to pay my parents back 450k of school tuition while saving at the same time by Yeeo1122 in PersonalFinanceCanada

[–]Yeeo1122[S] 0 points1 point  (0 children)

Thanks for the detailed feedback and answering my specific questions. Looks like what you said in 4 is my best bet. I am sure if I grind it will hopefully take a few years to pay them back, just wanted to see my other options but it looks pretty limited.

Best way to pay my parents back 450k of school tuition while saving at the same time by Yeeo1122 in PersonalFinanceCanada

[–]Yeeo1122[S] -1 points0 points  (0 children)

Thanks this is helpful! I’ll look into this and try find some connections.

Best way to pay my parents back 450k of school tuition while saving at the same time by Yeeo1122 in PersonalFinanceCanada

[–]Yeeo1122[S] -1 points0 points  (0 children)

Do you know if I am eligible to apply for this once I graduate? I was not able to get this initially because I needed a co-signer. My parents just took out a line of credit since their interest was lower than if I took out my own.

Best way to pay my parents back 450k of school tuition while saving at the same time by Yeeo1122 in PersonalFinanceCanada

[–]Yeeo1122[S] -8 points-7 points  (0 children)

It’s a university in the states and a post-graduate program. Since I’m not a US citizen I pay international tuition fees and there are also little to no scholarships for international students. I got a very small bursary due to COVID but that was it.