Student Line of Credit

An Atlantic Edge Credit Union Student Line of Credit is an affordable way to make continuing education possible. Students can borrow to assist with the cost of attending a post-secondary educational institution, including community college, university, or technical school.

Benefits:

• Help fill the gap between student loans and the cost of education
• Helps the student gain a credit history and their own financial foothold
• Low payment and low interest
• Access funds as you need with a debit card, ATM access, as well as online and mobile options
• Interest is charged only on the balance you use

Features: Full time students (3 course load minimum) may borrow, on approved credit, up to $50,000 for their education. * Pay interest only on your line of credit while attending the program that has been financed. Competitive rates of interest and excellent repayment schedules available to meet a student’s needs. Repayment of your loan begins 6-12 months after your program completion. Take up to 12 years to repay your student line (if over $10,000). Credit Life, Disability and Critical Illness coverage is available.

*Co-signer maybe required
*Conditions apply

 

Contact us

To apply for a Student Line of Credit you can contact your local branch, email info@aecu.ca or call 1-877-377-3728.