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Personal Banking > Lines of Credit & Loans > Student Line of Credit

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  • View all Students Solutions

    View all Student Solutions

    Student Banking, Credit Cards and Lines of Credit

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    Student Budget Calculator

    Do you have enough cash to get through the school year?

  • Are you a Medical, Dental or Professional Student?
    Get the funding you need so you can focus on your studies



Student Line of Credit*

Only RBC gives you 2 years after you finish school before you have to start repaying your loan with full access to your credit line during the grace period.

With our competitive rates and flexible limits, there’s a Student Line of Credit that’s right for you!


Features and Benefits of the Royal Credit Line® for Students

  • Flexible limits. Credit lines start at $5,000 and go up to $275,000 based on program, budget and qualification*
  • Lower interest rates. Competitive interest rates as low as Prime Rate minus .25% (opens new window) (1) based on program of study, budget and qualifications.
  • More time to repay. After you’ve finished school, you have up to 2 years before you have to start repaying the principal amount with full access to your credit line
  • Optional LoanProtector® Insurance. Designed to provide financial backup during difficult times, LoanProtector life and disability or critical illness insurance provides low-cost, valuable protection to you and your loved ones

Take ActionTalk To A Credit Specialist Today

Your Credit Specialist can sit down with you one-on-one to help you create a secure financial future.


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  • printout from the Registrar’s Office website
  • invoice or receipt of payment for tuition
  • proof of enrolment letter from the Registrar’s Office
  • Registered Education Savings Plan Verification of Enrolment Form
  • course schedule.