What is a student line of credit??
A student line of credit is a borrowing product for students to help pay for expenses related to post-secondary education. With a TD Student Line of Credit, we offer flexible options which provide financial assistance you need with tuition, living expenses and books.
How can I use my line of credit for tuition costs??
Post-secondary students can use this Line of Credit to cover tuition costs and living expenses. Standard Student Lines of Credit start at $5,000. Access the equity you've built up in your home as a secured line of credit, a loan or a mortgage.
Where can I access the available credit from my student line??
You can usually access the available credit from your student line of credit at: Some lines of credit will also let you access the money by writing a cheque. Financial institutions each have their own terms and conditions for the lines of credit that they offer.
What can I use my line of credit for??
Use it to make big purchases or to cover expenses like medical bills or tuition. There when you need it, our standard Lines of Credit start at $5,000. Post-secondary students can use this Line of Credit to cover tuition costs and living expenses. Standard Student Lines of Credit start at $5,000.