It’s the freedom to borrow what you need, when you need it. With a low interest rate and flexible repayment options, a Royal Credit Line® for Students – Medical Studies is a borrowing solution designed for you.
Top Reasons To Choose The Royal Credit Line For Students
- Credit limit up to $275,000* depending on your field of study
- Low interest rate of Prime Rate** that won’t change after you graduate
- Access funds 24/7 via the largest combined ATM and branch network, Mobile Banking, and more
- Flexibility to pay as little as interest only while in school and residency
- Get a 12 month grace period after graduation and residency before you have to start repaying the principal
- Provide confirmation of enrollment
- Prepare a budget of all your education costs. Get started with our budget calculator
- List of all other financial resources (including savings, bursaries, summer employment, etc.)
- Find an RBC Medical Student Specialist near you to get started today!
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Talk To An RBC Medical Student Specialist Today
From first year through residency to setting up a practice, our Medical Student Specialists can help you put together a financial plan, and offer personalized advice every step of the way.