Student Loan and Line of Credit

Our Student Loan and Line of Credit products are competitive options for financing your education whether you need funds for tuition, books, or living expenses. As part of our EPIC Student Bundle, we also include a Student chequing account with no monthly fee, a Momentum Student Visa credit card*, $50 for school supplies and a smart wallet.

Eligibility:

• Full-time student: 60% normal university course load
• Part-time student: 1 course per year/semester

Features:

• Interest only payments while in school
• Grace period after graduation of 3 months
• Prime rate while in school
• Prime rate + 2% after graduation/grace period

Application Requirements:

• Confirmation that you are enrolled at a Canadian post-secondary education institution.
  1. College, University, or Career College
  2. Registered Apprenticeship (education fees,tools)
  3. Job Training Program
• An estimate of your education costs which includes tuition, supplies, fees, accommodations, food, travel, etc.
• A list of your financial resources including any savings earnings earned, bursaries, summer employment, etc.
• A suitable guarantor or ability to meet standard lending requirements

Contact the Solution Centre to apply or fill out our online application.

*Subject to approval.