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Loans & Lines of Credit
STUDENTCHOICE® Education Loan
Don’t let the cost of tuition get in the way of your education
Going to university or college and enhancing your education can lead to better job opportunities. But it can also be expensive, making it harder for some people to access higher education and the benefits that come with it. This loan is perfect for either full or part-time students who are looking to ease their education expenses so they can focus on their studies without having to worry about their money.
What you need to know
Easy access to funds as you need them
Revolving credit while enrolled in school
Variable interest rates
After study program is complete, you will have up to one year before needing to set up a fixed payment schedule
Choose from three different loan programs
You can choose to pay interest only from the revolving credit loan, which is due monthly
No prepayment penalty on the revolving credit loan
Sub-loan payments will be set at time of loan approval
Sub-loan may be subject to a prepayment penalty