StudentLine Line of Credit

Get the right answer

A StudentLine Line of Credit is a flexible and convenient line of credit (and a one-time application) that allows the student to draw on funds as needed, up to a pre-determined limit, to help finance the cost of post-secondary education.  A companion StudentLine Account comes with it and is the key to access.

Benefits Expand/Collapse

  • One-time application for financing post-secondary education
  • A very competitive rate
  • Low payments of interest only are all that’s required while in school (up to 5 years)
  • Liberal repayment terms (over 7 years) upon graduation
  • More structured Student Loans are also available if preferred
  • Subject to credit approval with appropriate parental guarantee(s).
  • Students must be 18 years of age to apply (for students under the age of 18, parents must apply on their behalf)

Interest rate

Interest is calculated daily on the outstanding principal and compounds monthly.

Get started now

You can start your application online, or apply in-person at your branch or by phone - call our Member Solutions Centre at 1.800.598.2891.


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