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.
Full-time student: 60% normal university course load
Part-time student: 1 course per year/semester
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
Confirmation that you are enrolled at a Canadian post-secondary education institution.
College, University, or Career College
Registered Apprenticeship (education fees,tools)
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