STUDENT LOANS

• The margin of credit Studies provides up to 60,000$ to a student.
• 12 months after the student obtains his diploma, the margin is converted in to:
  • personal loan with the same rate as the margin, or a regular line of credit
• the customer pays the interest only on the funds used
• The margin is at the raised preferential rate of 3%
• the customers pay only the interests:
  • as long as they are at the school in a university or a college/course recognized
    during the 12 months following obtaining their diploma(or 6 months if they leave the program without diploma).
• Banking fixed price for student without expenses.
• Possibility of having credit cards for students without expenses

• Royal Line of Credit for students at prime rate plus 1%
• RBC Student Banking at no charge *
• Choice of RBC Credit Cards with no annual fee: RBC Visa Gold RBC MasterCard Rewards or Cash Back
• During the studies, you are only required to pay interest on the outstanding loan and the insurance (if applicable)
• 24 months grace period, after completion of your training, before undertaking repayment of the loan.

* All credit facilities are subject to the usual credit approval. The legal age to get a loan is 18 years.

• http://www.afe.gouv.qc.ca/

• Student Advantage Line of Credit at the Desjardins Personal Base rate minus 0.50%
• No-fee banking package
• During your studies, interest payable on a monthly basis*
• At the end of your studies, option to defer the first repayment of principal and interest up to 24 months.*

* Conditions apply. Subject to the credit analysis of the student’s case file.