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Getting Ready as a Parent
Post-Secondary Education Costs
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Getting Ready as a Parent

Sending your children off to school can be a challenge event for a parent. On the one hand, you're glad they're moving ahead, on the other you know the challenges facing them. Rest assured that all the work you've done leading up to this big day will pay off - for you and for your kids.


Planning for your child’s education

Education Savings Centre
The best time to start financing your child's post-secondary degree is when they're crawling around the kitchen. Failing that, the sooner the better. Registered Education Savings Plans or RESPs do for your children's education what RRSPs do for your retirement. There's no tax deduction, but they accumulate savings tax-free. Go to our Education Savings Centre to learn more.

Financing Options

ScotiaLine
® personal line of credit for students


You and your child only borrow what you need, when you need it, and pay interest-only until your child graduates. Your child establishes a credit rating in a safe manner. As a co-borrower, you share access to the line so you know what your child is spending.




Scotia Total Equity®
Plan


Your home could be the easiest, most cost efficient way to pay for school. Scotia Total Equity Plan turns your mortgage into a financial tool that can lower your overall cost of borrowing. If you've got equity, you've got leverage. Use it to your advantage.
Scotia Professional® Student Plan

Studying for an eligible professional degree? The all-in-one Scotia Professional Student Plan combines banking and borrowing with loan limits customized to your program.


Interac Email Money Transfers

Answering the "help I need money" call. Now when you need to get money to your son or daughter at school, all you have to do is send it securely by email.



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