This means that instead of paying back the full amount borrowed, you only have to pay the accumulated interest until you graduate. Other banks, such as CIBC, may allow you to convert your student line of credit into a personal line of credit. Coast Capital Undergraduate. Upon graduation, you can convert your CIBC student line of credit into a personal loan, or keep it as a line of credit.
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Read MoreLow variable interest rate. The TD Student Line of Credit is a flexible financing option designed to assist students in covering their educational expenses with competitive interest rates and a generous credit limit. National Bank Undergraduate. Subscribe to our newsletter. However, they may not cover all educational or living expenses. No credit required. Feel free to contact us at info SchoolFinder.