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Student Finance Options

Scotiabank offers helpful financial solutions for supporting the students in your life.
Scotiabank offers a line of credit just for students. Through a single application, students can apply for a ScotiaLine® Personal Line of Credit for Students, plus an optional VISA card for incidental expenses and credit insurance. And, as a parent, you can instill a greater sense of fiscal responsibility in your child while still playing an active role in helping to fund your child’s education by co-signing their application.


  • Total lifetime limit of up to $100,000 annual limits depend on the type and length of the program. For more information, click here.
  • Available to students enrolled in a degree or diploma program at a public post-secondary institution
  • Pricing available at Scotiabank’s Prime Rate + 0.5% (subject to change without notice).
  • Interest-only repayments while your son or daughter is in school
  • Regular repayment commencing 12 months following graduation


  • Students learn responsibility while establishing their own banking relationships and their own credit file;
  • Your son or daughter enjoys independence with borrowing and managing their own debt; as a primary borrower, you know exactly how the funds are being managed.
  • You have the choice and flexibility to borrow money only as needed;
  • Flexible re-payment options and up to 15 years to repay the loan.

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