For many students, loans are a useful way to help cover the costs of post-secondary studies.

In addition to government student loan programs private institutions such as banks, trust companies, and credit unions may offer student loan options.

It is important to fully review and understand the terms of your loan, including repayment terms, before borrowing.

When approaching a financial institution for a student line of credit, you will be required to provide a variety of documentation. We suggest your prepare for these meetings or applications by readily having:

  • Confirmation of enrollment (request via Connect)
  • Estimate of educational costs (visit
  • A list of financial resources at your disposal for the upcoming academic year. For example, RESP, savings, scholarships, bursaries, employment, or student loans and grants.
  • Proof of Canadian citizenship or landed immigrant
  • A co-signer: required for student lines of credit (co-signer is a person obligated to pay back the loan just as you, the borrower, are obligated to pay)

The financial aid and awards counsellor is available to discuss your funding options at