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Borrow Better with a Student Line of Credit

You could get an Gift Card worth up to $500 ,  ,  ,   depending on your program of study.
Start by applying for a TD Student Line of Credit. Limited time offer. Conditions apply. Offer ends October 31, 2022.
Learn more

Why apply for a Student Line of Credit?

Access credit conveniently

Get funds through your TD Access Card2, EasyWeb, TD app, ATMs and cheques.

Use and reuse1 your credit

Apply just once for credit and have it for as long as you’re in school3.

Interest-only payments while you study

No principal payments are due until 24 months after you leave school.

Make repayment manageable

Once you leave school, your line of credit converts to a student loan.


For full- or part-time students at an accredited Canadian university or college.

  • Full-time students: up to $20,000 per year, to a maximum of $80,000 over four years of study4
  • Part-time students: up to $20,000 per year, to a maximum of $80,0004


Credit limits depend on your course of study.

  • Masters or Ph.D.: up to $80,000 over two years of study
  • Naturopathy: up to $80,000 over four years of study
  • Chiropractic: up to $100,000 over four years of study
  • Optometry/Pharmacy: up to $175,000 over four years of study
  • Law: up to $150,000 over three years of study
  • MBA: up to $125,000 over your study period


Credit limits depend on your course of study.

  • Dental: up to $350,000 and $100,000 in your first year of study
  • Medical: up to $350,000 and $100,000 in your first year of study; continued access during residency
  • Veterinary: up to $200,000; up to $50,000 in your first year of study

Student Budget Calculator

Figure out the total cost of your school year. Get a realistic forecast of your expenses, plus ideas on ways to cover your costs.

What to bring to your appointment

  • For an Undergraduate Student Line of Credit, you’ll probably need a co-signor (most other applications don’t need a co-signor)
  • Your current address (if you’ve been there less than three years, we’ll need your previous address as well)
  • The sources and amount of your annual income
  • What you spend monthly on your rent or mortgage
  • Your monthly payments (loans, credit cards, lines of credit)
  • Your household expenses (utilities, property tax, insurance, etc.)
  • Proof of enrollment
  • Your Social Insurance Number (optional)

Learn more about student banking

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Student tips and advice

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TD Line of Credit Critical Illness and Life Insurance

In case of the unexpected, get flexible protection for your line of credit obligations.

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