Loans and Lines of Credit › Student Line of Credit

Student Line of Credit

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Flexible options designed for student life

We have Student Lines of Credit that can help you pay for tuition, books, living expenses and more.

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Convenient Access

Access your credit through your TD Access Card1, cheques and EasyWeb online banking.

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Low interest rates

Competitive variable interest rates, plus the same interest rate applies before and after completing school.2

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Interest-only payments while in school

Interest-only monthly payments while in school and for 12 months after you leave school.

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Manageable repayment

Monthly payments starting 12 months after you leave school are as little as 1% of the outstanding balance or $50, whichever is greater, with the option to pay off more if you like.

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No need to re-apply

Apply once for a credit limit that you can continue to access (use and reuse).


There's a Student Line of Credit just for you.

Undergraduate Students

Full or part-time post-secondary students in an accredited Canadian university or college

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Michael got help with school

Michael received an undergraduate scholarship that covered his tuition, but he was concerned about his living expenses. Working with his local branch, Michael and his parents figured out that he needed the maximum amount of $10,000 to cover him off. With the interest only payments required during school, and easy no fee transaction for transferring between accounts, Michael could focus on school.

Credit limit amount:

  • Full-time students: up to $10,000 per year to a maximum of $40,000 over four years of study
  • Part-time students: up to $5,000 per year to a maximum of $40,000 over eight years of study

Graduate and Professional Students

Enjoy all the benefits of a Student Line of Credit with higher limits.

Program Credit Limit Amount (including any existing TD Student Line of Credit debt)
Masters or PhD Up to $48,000 over two years of study
Chiropractic Up to $62,000 over four years of study
Optometry/Pharmacy Up to $80,000 over four years of study
Law Up to $80,000 over three years of study
MBA Up to $80,000 over your study period
Dental Up to $250,000 with no annual re-application; access up to $85,000 in your first year of study
Medical Up to $250,000 with no annual re-application; access up to $85,000 in your first year of study; continued access during residency
Veterinary Up to $125,000 with no annual re-application; access up to $31,000 in your first year of study;

Studying Abroad

Let us help you find a Student Line of Credit option that works for you. Contact us


You might also be interested in these services:

Are you making a difference? You may qualify for a scholarship.

We have student accounts and credit card options tailored for you. Talk to someone at the branch today to see how we can help.

Learn more about our Student Line of Credit products.

Optional insurance will give you peace of mind that your balance is covered in the event of death or critical illness.

Whether you’re currently studying or already graduated, TD offers access to helpful student resources.

TD Canada Trust has a special offer for IVEY students. Please contact the following branch:
Branch transit number: 0021
Address: 1136 Richmond Street, London, ON N6A 3K6
Phone: (519) 673-6020
Toll-free: 1-866-790-0818

Ready to apply?

Call us

Our banking specialists will help you with any questions you might have.
1 866 222 3456

Locate a Branch

By Address, Intersection, City, Postal Code OR by Branch Number


You'll need:

  • Most Student Line of Credit Applications require a co-signor
  • Social Insurance Number (optional)
  • Current address and previous address (if current address is less than 3 years)
  • Your income (sources and amount)
  • Your monthly mortgage or rent amount
  • Your monthly payments (loans, credit cards, lines of credit)
  • Proof of enrolment