Funding Options: Student Line of Credit

 

 

A Student Line of Credit can be a useful tool in financing your training program at Commercial Safety College.

If you are not familiar with what a student line of credit programs is, it is a bank loan designed specifically for students. With a flexible repayment schedule and a lower interest rate than a standard personal loan, students can take the time needed to start a job after their training is complete.

As a registered private career college that is a federally designated education institution, our training programs will qualify for this funding option.

An applicant’s eligibility for a student line of credit can often be determined by your credit history, existing debt, and in some cases, the ability to have a co-signer.

Here are links to some of the student line of credit programs offered by major Canadian banks:

BMO – Student Line of Credit

CIBC – Education Line of Credit

Credit Union Atlantic – Student Line of Credit

National Bank of Canada – Student Line of Credit

RBC – Royal Credit Line for Students

Scotiabank – ScotiaLine Personal Line of Credit for Students

 

 

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