Paying for School

Financial solutions for medical and dental students

At TD Canada Trust, we understand your unique needs for funding your studies. Our TD Canada TrustBanking Plan for Medical and Dental Students is designed to give you the flexibility and value you need.

With a TD Canada Trust Student Line of Credit you can receive up to $200,000 at a low variable interest rate.¹ We’ve made it very flexible so your payments fit your schedule and are easier to manage both during and after school.

• Choice of only paying interest to keep your payments low during school and for up to 12 months after graduation, residency or dental specialty studies
• A flexible repayment plan that works for you and keeps your payments affordable after the interest-only period
• Continued access to available funds while in residency or dental specialty studies
• No need to reapply each year for additional funds

And, in most cases, medical and dental students will not require a co-signer. For medical or dental students attending school outside of Canada, we also offer financing options with a qualified co-signer.

With a Student Line of Credit, you can focus less energy on your finances and more on your education.

A Student Line of Credit is a great way to cover the big ticket items like tuition, books and accommodation, but you’ll also find it the most flexible and affordable way to pay for all sorts of things. It can help you replace a crashed computer, fly home for the holidays, fix up an apartment to give you a decent place to study, or even buy a bike to get you to classes.

Ask us about the other convenient ways we can help you manage your money, including -

• A no-monthly fee TD Canada Trust Value Plus Account for Students
• One of our TD Canada Trust Credit Cards that provide the option to reduce your interest payments by transferring your balance from a higher-interest credit card

Speak to one of our trusted banking professionals for a plan that’s customized to meet your individual needs today, and can help ensure professional success after graduation.

Beyond graduation

Once you graduate and start practicing in your medical field,TD Canada Trust will continue to extend our solutions to help you reach your personal and professional goals, including -

• Professional Banking Plans for Doctors and Dentists to help with your business financing needs
• Personalized plans to help you build your net worth working with a TD Waterhouse advisor, or through the support of our Discount Brokerage services if you prefer to make your own investment decisions²

Get expert advice

Speak to the TD Canada Trust Small Business Associate affiliated with your university for solutions designed to help you finance your studies, budget and minimize expenses, pay off the debt after you finish your residency or your studies and start investing for your future.