Student Line of Credit


Let's face it, life can be expensive. Sometimes you need access to additional funds for things like tuition, housing, transportation or emergencies. Smart borrowing makes sense and we have the products and advice to help.

A student line of credit is an affordable way to make continuing education possible. At East Coast Credit Union, our student loans and lines of credit are available to any full or part time student attending a recognized post-secondary educational institution in a degree, diploma or certificate program.


Student Line of Credit Features:

  • Full time students may borrow, on approved credit, up to $75,000 for their education or up to $150,000 for students enrolled in professional designations.
  • Pay interest only on your loan while attending the program that has been financed.
  • Competitive rates of interest and flexible repayment schedules available to meet a student’s needs.
  • Repayment of your loan begins 12 months after your program completion.
  • Take up to 15 years to repay your student loan (if over $25,000).

Contact us for more info by calling 1-866-230-7700 or email eastcoast@creditu.ca. We are happy to help!


Package Plans

Download a copy of our Youth and Student Solutions brochure for more information.


We also offer the following products and services to our youth:

Online Banking: including e-Statements and FREE e-Transfers!

Mobile App With our mobile app, the key functions of our online banking service are in the palm of your hand. You'll have your account information anytime, anywhere. Our mobile app is free, simple and safe to use on your phone.

Interac Flash: Tap and pay for smaller purchases using your debit card. It's fast, convenient and secure!


Interac Online: A simple and secure way to pay online using your debit card.

Student Mastercard: Start building a credit rating before you enter the workforce. This card is the perfect "starter" card for post-secondary students over the age of majority. With no annual fees, you’ll see the convenience and security this card offers, as you build your financial future. Find out more here.

 

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