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RBC Student Line of Credit Options:

Royal Credit Line for Students


A simple way to borrow money for post-secondary school, including undergraduate and graduate programs, college or trade school.

  • Flexible credit limits
  • Competitive interest rates based on RBC Prime RateLegal Disclaimer 1
  • Flexible repayment timelines that consider student needs and lifestyles

Royal Credit Line for Students in Professional Studies

For students enrolled in professional graduate or specialized health sciences programs, you can enjoy the freedom to borrow what you need, when you need it.

  • A range of credit limits based on the program of study
  • Low interest rates based on RBC Prime RateLegal Disclaimer 1 and program of study
  • Flexible repayment timelines that consider student needs and lifestyles

Royal Credit Line for
Medical and Dental Students

Take advantage of credit solutions designed to provide you with the freedom to focus on your schooling – and beyond.

  • Flexible credit limits up to $350,000
  • Low interest rates based on RBC Prime RateLegal Disclaimer 1
  • Access to the RBC Healthcare Advantage Program with specialized offers, advice and support for medical and dental students

What You Need to Apply

Here’s what you need to provide when you apply for a Royal Credit Line for Students

  • Confirmation that you are enrolled at a Canadian post-secondary educational institution

    • 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
  • 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.)
  • Proof that you are a Canadian citizen or landed immigrant

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.

Student Banking Offers

RBC Advantage® for students

Signature RBC Rewards Visa

Earn rewards, pay no fees. Need we say more? With an RBC Rewards Visa, you will:

More Tools to Help You Plan

Student Budget Calculator

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

Debt Reduction Plan

Reducing your debt starts with making a plan.

Talk to a Credit Specialist Today

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

Contact a RBC Credit Specialist

1-866-881-6618

1-866-881-6618

Locate Your Closest Branch

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