The maximum loan amount to any one student shall be $100,000. Within this maximum amount, the outstanding loan may be increased on an annual basis subject to a revised application based on current education needs.
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Diving into post-secondary is a big, exciting, and challenging step. We’re here to help you get set up for success. Grades are up to you (study hard!), but with advice on how to manage your money and loans to help make it happen, you’ll have one less thing to stress about as you start your journey.
Student loans and lines of credit are both great options when it comes to covering your finances, but which is best for you? If you’re on the fence, get in touch with one of our advisors who will help you find your best fit.
Build your credit score by keeping on track with your repayment schedule.
Repayment of loan principle begins 12 months from program completion.
Have money on hand in case of any emergencies during your schooling.
Your education isn't one-size-fits-all, and neither are your credit needs. Whether you're starting year one or pursuing a professional degree, our Student Line of Credit adapts to your unique journey. Enjoy flexible repayment options and competitive interest rates, so you can focus on what matters most – your future.
Select your field of study:
The maximum loan amount to any one student shall be $100,000. Within this maximum amount, the outstanding loan may be increased on an annual basis subject to a revised application based on current education needs.
The maximum loan amount to any one student shall be $200,000 or $300,000 depending on the type of Professional Designation (Tier 1 or Tier 2).
Tier 1
$200,000 is the maximum amount. Professions include Pharmacy, Podiatry, Lawyer, Engineering, Occupational Therapy, Physiotherapy, MBA/EMBA and Accountant.
Tier 2
$300,000 is the maximum amount. Professions include: the following Doctor of Medicine, Doctor of Dentistry, Doctor of Optometry, Doctor of Veterinary, Medicine, Chiropractor.
Protect yourself against the unexpected with loan insurance.
Online or in person, we’re here to help with all the banking services you need:
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East Coast Credit Union is a credit union operating in Nova Scotia. Deposits are insured under the terms of the Credit Union Deposit Insurance Corporation