A flexible low-cost way to borrow money for school

The Royal Credit Line for Students*,3 gives you the freedom to borrow what you need, when you need it at a low interest rate and flexible repayment terms.

Get $100 or more1,2, depending on your program of study

For a limited time, you can receive $100 or more depending on your program of study when you open a new Royal Credit Line for Students. Open yours between June 1, 2023 and October 31, 2023 to be eligible to receive:

$100

If you’re enrolled in an
Undergraduate or General Student Program1

Royal Credit Line for Students
(Undergraduate or General Programs)

Designed for students enrolled in a university undergraduate or graduate program, college or trade school.

Benefits include:

  • Flexible credit limits starting at $5,000*
  • Competitive interest rates based on the RBC Prime Rate4
  • Flexible repayment timelines that consider student needs and lifestyles

$200

If you’re enrolled in a
Professional Program1

Royal Credit Line for Students in Professional Programs

Designed for students enrolled in professional, graduate, or specialized health sciences programs.

Benefits include:

  • A range of credit limits based on the program of study*
  • Competitive interest rates based on RBC Prime Rate4 and program of study
  • Flexible repayment timelines that consider student needs and lifestyles

$500

If you’re enrolled in a
Medicine or Dentistry program2

Royal Credit Line for Medical
and Dental Students

Designed for students studying Medicine and Dentistry.

Benefits include:

  • Flexible credit limits up to $350,000*
  • Competitive interest rates based on RBC Prime Rate4
  • Additional benefits with RBC Healthcare Advantage5, such as preferred rates on financial products, as well as specialized offers, advice and support for medical and dental students

What You Need to Apply

  • Confirmation that you are enrolled at an eligible Canadian post-secondary educational institution or Canadian Medical or Dental educational institution.

    • Invoice or receipt of payment for tuition
    • Proof of enrolment letter from the Registrar’s Office
    • Acceptance letter that includes proof of payment for tuition deposit
    • Printout from the Registrar’s Office website
  • An estimate of your education costs (including tuition, supplies, fees, accommodations, food, travel, etc.) Get started with our Student Budget Calculator.
  • A list of your financial resources (including RESPs, scholarships/bursaries, government funding, summer employment, etc.)

Note: Applications are subject to credit approval. If your credit history is limited, or you are studying at an educational institution outside of Canada, a co-signor may be required.

Calculator Icon

Student Budget Calculator

Figure out how much money you may need to get through the school year

Get Started

Get $100 when you open an RBC Advantage Banking account for students6

Offer ends October 31, 2023.

Learn More

Talk to an RBC Credit Advisor Today

Our Credit Advisors will help you select the financing solution that is right for you.

Contact an
RBC Credit Advisor

Phone Icon

1-866-220-6967

1-866-220-6967

Locate Your
Closest Branch

Phone Icon

Visit Us in Branch

Medical/Dental students:
Find an RBC Healthcare Specialist near you.

Phone Icon

Healthcare Locator Tool