02/07/2024
12h08
TD Student Line of Credit

Who can apply for the TD Student Line of credit?

The TD Student Line of Credit is designed for students enrolled in full or part-time programs at accredited universities or colleges. This financial solution is available to a variety of students, including those pursuing a Bachelor’s Degree, Certificate, or Diploma.

 Full-time undergraduate students can borrow up to $20,000 per year, with a maximum of $80,000 over four years. Part-time undergraduate students have the same borrowing limits. Graduate and professional students, including those in law, MBA, and other advanced programs, can also apply for this line of credit. 

They typically have access to higher credit limits and may benefit from different interest rate structures. Medical, dental, and veterinary students are also eligible and can access higher credit limits due to the higher costs associated with these programs.

Required documentation

To apply for the TD Student Line of Credit loan, you must bring specific documentation to your appointment. You will need to provide two pieces of identification, one of which must be a government-issued photo ID. Additionally, you must present a U of T Faculty of Law acceptance letter or other proof of enrollment to verify your student status. If you are planning to transfer debt from another financial institution, bring your existing banking information. Ensuring you have these documents will help facilitate a smooth application process.

A tip for you!

The TD Student Line of Credit is customized to suit various levels of study. For college and undergraduate students, the credit limit can be up to $20,000 per year, with a maximum of $80,000 over four years. Graduate and professional students, as well as those in medical, dental, and veterinary programs, can also benefit from tailored credit limits and competitive interest rates. 

For instance, post-secondary certificate programs have an interest rate of TD Prime Rate + 1.50%, while undergraduate programs have a rate of TD Prime Rate + 1.00%.

I want to apply for the TD Student Line of credit!

If you’re ready to take advantage of the TD Student Line of Credit and all its benefits, simply click on the button below. You’ll be redirected to the official website where you can find more details and start your application process. Don’t miss out on this opportunity to manage your education expenses more effectively and enjoy up to a $1,000 cash bonus for a limited time. Apply today and secure your financial future while you study!