Education Loans

Education gives you wings to fly. Let us help you take off.

Post-secondary education can be very expensive and we want to help alleviate that financial burden from your shoulders. With our new Student Quick Loan and Graduate Student Quick Loan, you can feel at ease, knowing that we’re helping you start off on the right foot down your education and career path.

A few awesome features of the new Affinity educational loans are:

Student Quick Loan

  • Limit of $60,000 ($15,000/year) for full-time students
  • Limit of $30,000 ($7,500/year) for part-time students
  • 24-month grace period
  • Variable rate of Prime + 1% while in school then Prime + 3.5% post-grace period
  • 20-year amortization

Graduate Student Quick Loan

  • Limit of $125,000 for graduate students
  • 24-month grace period
  • Variable rate of Prime +1% for graduate students
  • 20-year amortization
  • Limit of $200,000 for graduate students in doctor/dentistry programs
  • Variable rate of Prime -.25% for graduate students in doctor/dentistry programs

University student studies in libraryBlended payments don’t kick in until 24 months after you’re completed school, giving you time to find a job after graduation. How’s that for flexibility?

Don’t forget that when you’re a post-secondary student, regardless of your age, you’re also eligible for our free Student Chequing Account. Take advantage of the free Interac e-Transfer service, unlimited transactions, free deposits and no monthly fees!

Visit an Affinity advice centre near you or call our Contact Centre at 1.866.863.6237 for more information. Whether it’s textbooks, tuition, rent or all of the above, let us help so you can focus on other things, like studying!

Looking to learn more? Find it here:

  • When do I apply?

  • Do I need to apply every year?

  • What should I bring when I apply for a loan?

  • What’s a guarantor?

  • Can I use my RRSP to help fund my education?

  • What’s payment protection?

Interac e-Transfer is a registered trademark of Interac Inc. Used under licence.