Scotia Bank Horror Stories... - BC Student Loans at Scotiabank?

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BC Student Loans at Scotiabank?

Printed From: CanadaStudentDebt.ca
Category: Dealing with the Banks!
Forum Name: Scotia Bank Horror Stories...
Forum Description: Describe your dealings with Scotia
URL: https://www.canadastudentdebt.ca/forum_posts.asp?TID=2819
Printed Date: 26/March/2026 at 10:42pm
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Topic: BC Student Loans at Scotiabank?

Posted By: frustrated-guy
Subject: BC Student Loans at Scotiabank?
Date Posted: 19/July/2005 at 4:10pm

Hello,

My monthly Scotiabank statement for BC student loans negotiated during the 1995-2000 period all stated the following.

"While you are a full time student, no payment is necessary as interest is paid by the Government of BC"

A) Do others have this sentence on their statements?

B) Apparently this sentence has been removed from current statements. Can anyone tell me when (what date) this was removed?

c) Did anyone else use this information to make the decision to go back to school only to find out the statement is untrue (apparently this is only true if you are under so many weeks in school - Scotia neglected to give the details)

Thanks