Part of Personal Loans
Student lines of credit provide education borrowing within an approved limit. Compare government assistance before private credit, and budget for tuition and living expenses. Interest is still a cost when principal payments are deferred. Bank transition periods after leaving school are not identical.
Compare the 4 listed products below. Open a product for its terms and source links. Missing terms are not confirmed.
CIBC
A student line of credit for post-secondary education expenses. Confirm the current limit and repayment conditions directly with CIBC.
National Bank of Canada
Student revolving credit for eligible education expenses. Confirm program requirements, interest payments and repayment timing.
RBC Royal Bank
Student revolving credit for eligible post-secondary programs. Credit limits and repayment arrangements depend on the program.
TD Canada Trust
Student borrowing for eligible undergraduate education expenses, with repayment arrangements designed around studies.
Check annual limits, interest, fees, co-signer obligations and the exact repayment trigger. Borrow the funding gap, not the maximum available.
Deferred principal does not necessarily mean no payments. Accumulated borrowing can be hard to manage after studies, and a co-signer may be responsible for repayment.
Not necessarily. Student credit lines can require interest payments while you study.
Request the interest rate, all fees and the total amount repayable.
Check payment frequency, early repayment rules and missed-payment consequences.
Confirm whether collateral is required and which eligibility checks apply.
An advertised rate is not necessarily the rate you will qualify for. Secured borrowing puts collateral at risk.
Confirm current fees, rates and eligibility directly with the provider. Product terms can change over time. A listed product is not a recommendation or a promise of approval.
Availability must be confirmed for your province or territory. If product-specific location or eligibility information is missing, it is not confirmed.
For further guidance, visit Financial Consumer Agency of Canada.
This is general information, not personalized advice. Read our editorial policy and affiliate disclosure.
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