Who can request the Royal Bank student loan?
You can request the loan from a Royal Bank student, students enrolled in qualified Canadian post-secondary educational institutions, including university programs, colleges, and professional schools, as well as medical or dental programs.
The flexibility of RBC’s personalized financing allows you to adjust your credit limit as needed, ensuring all your expenses are covered. RBC’s ongoing financial support means you’ll have access to credit whenever you need it, throughout your course.
Requirements to acquire the Royal Bank student loan
✅ Confirmation that you are enrolled in a qualified Canadian post-secondary educational institution or a Canadian medical or dental educational institution
✅ The following can be used as confirmation of registration: Invoice or receipt for monthly payment, Letter of proof of registration from the Notary’s Office, Letter of acceptance that includes proof of payment of the monthly deposit, Printed from the Registry Office website
✅ An estimate of your educational costs (including tuition, materials, fees, accommodations, food, travel, etc.)
✅ A list of your financial resources (including RESPs, scholarships, government funding, summer employment, etc.)
✅ Applications are subject to credit approval. If your credit history is limited, or you are studying at an educational institution outside of Canada, you may need a guarantor
A tip for you!
The RBC offers ongoing financial support, enabling you to have access to the necessary credit at any point in your academic career. This support is essential for unforeseen events and financial adjustments during the course.
When you choose RBC, you also start building a solid credit history early on. This not only makes it easier to obtain future financing, it also prepares you better for managing your personal finances after graduation.
So, if you are looking for a reliable and flexible financing solution, RBC Student Loan is the ideal choice. Invest in your future with RBC and take the first step towards academic and professional success.
Royal Bank Student Loan Fees
Interest rates starting from Prime Rate + 1%, varying depending on the study program, budget and qualifications.
How to request a Royal Bank student loan?
Visit the RBC website and prefill the Request Form. Submit your details for Credit approval: The application will be evaluated, and a guarantor may be required if the credit history is limited. Wait for approval It is After the analysis, you will receive an answer regarding credit approval. If approved, complete the contract by signing the contract and activate your line of credit.
Mother is the first step towards your success. Invest in your future with Royal Bank Student Loan.