Student Line of Credit

Getting access to educational financial assistance has never been easier.

Crosstown Civic understands the importance of post-secondary education and we want to provide our members with flexible solutions that get them the funds they need to pursue their studies.

A Crosstown Civic Student Line of Credit is available to full- or part-time students* who require funds for educational expenses such as tuition, books, and supplies. This Line of Credit benefits students who normally wouldn’t qualify for Canada Student Loan assistance.

With our Student LOC you get:

  • No monthly maintenance or service fees
  • Reduced variable interest rate (prime + 1.00%)
  • The minimum payment is interest-only while in school
  • Interest paid is eligible for bonus annually under our Member Rewards Plan

Members can apply for up to $10,000 each year, to a maximum of $40,000. Interest is calculated on the daily closing balance and is debited from the account at month-end. After graduation, the LOC is converted to a loan at the same preferred rate with regular payments to start reducing the balance outstanding.

Let us help you pursue your education. Talk to your local Crosstown Civic advisor today.


Student Budget Tool
Line of Credit and Loan Payments Calculator
Home Budget Calculator

*Minimum 18 credit hours or three (3) courses per term required. Members must provide proof of enrollment annually.

Effective Thursday, November 12th, all branches will serve members by phone or appointment only. While we will not be open to walk-in traffic, we are still here to help, just in a slightly different way. Learn more.