Prime rate + 2% 

While attending school, only interest accumulates 

Grace period post-graduation (before payment of principal + interest required)  is 6 months to 1 year maximum

Flexible payment options (weekly, bi-weekly, or monthly etc.)

Automatic transfer from your account, another financial institution or direct payroll deductions

Make extra payments at any time without penalty

Life and disability insurance available, conditions may apply

Full-time students  may borrow up to $10,000 maximum per school year (up to $50,000)

Part-time students may borrow up to $2,500 maximum per school year 

Confirmation of enrollment at a Canadian post-secondary educational institution (college, university, career college, registered apprenticeship)

Job training programs (if applicable)

An estimate of your education costs including tuition, school supplies, living expenses, food and transportation

List of current financial resources including savings, bursaries and summer employment

Must meet lending requirements or have a suitable guarantor 

Terms and Conditions Apply. Subject to Approval.