✅ The Royal Bank student loan has a variety of credit limits: Limits start at US$5,000, adjusted depending on the study program
✅ Rates from Prime Rate + 1%
✅ Up to 2 years after completing studies to start paying the principal
✅ Optional LoanProtector Insurance with financial protection in cases of life, disability or critical illness
✅ Study Abroad Program with the financial support for international study experiences
Why do we recommend the Royal Bank student loan?
Choosing an RBC Student Loan is more than just a financial decision, it’s an investment in your future. With competitive interest rates and payment flexibility, RBC makes your academic journey easier, allowing you to focus on what really matters: your studies and personal development.
The flexibility of personalized financing means you can adjust the amount of credit as your needs change throughout your course, ensuring all your educational expenses are covered without financial stress.
Author’s opinion
RBC’s student credit line offers financial flexibility, security and support tailored to students’ needs, making it an advantageous choice for those looking to focus on their studies without worrying excessively about immediate financial issues.
In the RBC student credit line, in a simulation example, you request CAD 80.000, com annual interest rate 5% and with refund period 10 years after graduation, with Start of Payment in 6 months after graduation and monthly payments of approximately CAD 848.96.
Find out today how to apply for Royal Bank student loan
The Royal Bank Student Loan is the key to realizing your academic dreams. With a flexible and affordable program, you can finance your studies without worrying about the future. Click the button below and get all the information to request yours today!