Wednesday, November 21, 2007

Accommodations: Finding a place to live.

Last week I e-mailed one of the students I had lunch with during my trip to Kingston. They had mentioned that the landlord of their fully furnished 2 bedroom apartment would be interested in renting to an MBA student next year.

The address puts it in a really nice area of Kingston. It is definately not in the "student ghetto", which is notorious for it's over zealous undergraduates, especially during "home coming". As I will be in the middle of my program during this massive party/riot I was hoping to live seperate from the "ghetto".

Now that I have contact information for the landlord I just need to wait for a reply to findout if I will be fortunate enough to rent this apartment. Sounds like a pretty nice place.

(Queen's Housing Website)

Tuesday, November 20, 2007

Financing: Paperwork.

Banker e-mailed me today with the paperwork he needs me to fillout. No rush, but the sooner I turn this around the better. Might be a few weeks as I am very busy at work these days. Feeling kind of exhausted after all the excitement of being accepted. So much to arrange, but it is pretty much running itself now.

Acceptance: Sent Back Form

Today I sent back the required form, two pictures, and check for a deposit on tuition. Hopefully this will arrive before the end of the week and my spot will be secured. Now I just have to wait to see what is next.

Wednesday, November 14, 2007

Financing: Initiating contact with the banker

After receiving the acceptance to the program I immediately e-mailed the contact at the bank to start getting details about financing. The banker called today at lunch! Yikes, that was fast. They can't wait to chain me to a loan? Just kidding, it's all good. The banker was very friendly and based out of Kingston. They mentioned that about 60% of the students used their services out of Kingston and to date there had been no issues. I will probably just go with the banker based out of Kingston and do things via e-mail and post.

So we discussed what I wanted to set up and what I needed for finances. Apparently Queen's will cover the interest on a line of credit for tuition plus "X" dollars and the interest rate is great too. The remainder of my financial needs will have to be covered by an additional line of credit that I will have to cover. Since I have no real assest I will probably need someone to bond me. That will probably be a parent.

Afterwards I will be able to negotiate the debt into some kind of lump sum financing deal for repayment. Like a mortage, except my brain will be the assest on the line instead of a house...lol.

Anyway, the banker will get back to me in a few days with the required paperwork to fill out. Nice to get this ball rolling since it means someone else will help me with getting the necessary stuff done.

Tuesday, November 13, 2007

Acceptance: Made it in to the program!

Got an e-mail from Queen's today! I got in! 2 weeks and 1 day after the interview! YES!

They wanted me to verify the details of the letter so they could send out the entire package via courier.

Very excited by this development.



November 13, 2007


Mr. *************
ADDRESS


Dear Mr. **********:

I am pleased to advise that the Admissions Committee has accepted your application for admission to the MBA program for the session beginning May 2008. Please retain this letter as your official permit to register. All MBA students will begin classes on May 5, 2008 at 9:00 a.m. Further information will be sent to you over the next several months.

We recognize the decision to undertake an MBA program is a very important one and that you will need time to give the matter serious consideration. Confirmation of your attendance is required in writing by November 27, 2007 . Please complete the enclosed Personal Data Form and include a non-refundable deposit of $2,000.00 (cheque or money order payable to Queen's University). This amount will be deducted from your tuition.
As well, please include a passport size photograph with your name clearly printed on the reverse. This photo will be used to create a class composite for distribution to students and faculty. It is advisable to arrange for two photos as the University Registrar will require a photo soon for registration purposes. Please be advised that you will be considered for an entrance award after January 15, 2008.

If you require financing, please contact ********** at the ******(Bank)X****** at *****.@****.com to obtain application details regarding the tuition loan plan. Please do not hesitate to contact me should you require any further information.

Regards,



************
Associate Director
**/**
Encls.

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