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Why apply for a TD Student Line of Credit?

  • Access credit conveniently

    Get funds through your TD Access Card,2 EasyWeb, TD app, ATMs and cheques.

  • Use and reuse3 your credit

    Apply just once for credit and have it for as long as you’re in school.4

  • 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.


Program selector

Select your level of study to see credit limits and interest rate details.

Credit Limit & Interest Rates for Post-Secondary Certificate Program

Credit Limit & Interest Rates for Undergraduate

Credit Limit & Interest Rates for Undergraduate – Honors Business Administration (University of Western Ontario)

Steps to apply

  1. Get a co-signer

    When applying as a college or undergraduate student, a co-signer will be required.

  2. Prepare your documents

    Make sure to bring in all the documents listed below.

  3. Ready to Apply?

    Meet with an advisor in person at a branch, or over the phone to get started.

What to bring to your appointment

  1. Proof of enrolment in a post-secondary institution.

  2. Current residential address. If you’ve been there less than three years, bring your previous address too.

  3. Proof of your annual income, including sources and amounts (i.e., notice of assessment).

  4. Monthly rent or mortgage expenses.

  1. Monthly payment obligations, such as loans, credit cards, and other lines of credit.

  2. Household expenses, like utilities, property tax, insurance, etc.

  3. Proof of ID (i.e., driver’s license, passport, etc.).

Student Budget Calculator

Figure out your estimated school costs and find smart ways to plan, budget, and pay for your education.

Student Advice Hub

Consolidated tools and resources to support students with finances while in school.


TD Line of Credit Protection

If you have a co-signer for your TD Student Line of Credit, such as a parent, consider TD Line of Credit Protection. This optional insurance could pay off or reduce the outstanding balance on your student debt if you were to pass away6 or be diagnosed with a covered critical illness.


Apply for a Student Line of Credit

  • Ready to Apply?

    Meet with an advisor in person at a branch, or over the phone to get started.

  • Questions? Call Us

    Our banking specialists are ready to answer your questions and help prepare your application.

    1-866-222-3456 1-866-222-3456

Have a question? Find answers here