The Scotia Professional® Student Plan is a customized professional banking program that provides solutions and strategies that help student professionals achieve their financial goals now and in the future.

Features

• A Scotia Professional Student Plan Line of Credit with the flexibility of no monthly payments - interest is simply added to your principal balance, while you're within your credit limit, for as long as you remain in school and up to twelve months after graduation or completion of residency/articling. Included are free line of credit cheques, optional ScotiaLine® Protection insurance coverage, and convenient itemized statements. Access your funds by cheque, in person or by phone, Internet, direct payment or Scotiabank automated banking machines.
  
  
• A Scotia Powerchequing® Account with all monthly service charges waived as long as you're in school and up to twelve months after graduation or completion of residency/articling. Included is an Overdraft Protection limit.
  
  
• Your choice of:
  • No-Fee Scotia Moneyback™ VISA* card
    with a $5,000 pre-approved limit;
    
    OR
    
    
  • No-Fee ScotiaGold™ VISA* card with
    a $5,000 pre-approved limit.
    
    
• RSP and self-directed RSP plan administration fees waived.

The Scotia Professional Student Plan has been designed for students, who are Canadian citizens or landed immigrants, enrolled in an academic program at a Canadian university leading to a professional degree in medicine, dentistry, veterinary medicine, chiropractic, optometry, pharmacy, law or joint law and MBA programs.

Benefits

• A one-time application provides financing for the full duration of your studies.
  
  

• Repayment on Scotia Professional Student Plan Line of Credit begins twelve months after graduation or completion of residency/articling.
  
  

• Preferred access to a dedicated team of specialists with expertise in financial planning and investment management.

Contact your Scotiabank SPSP representative [PDF: 29KB] for more information about the Scotia Professional Student Plan.

Apply Today

To apply for a Scotia Professional Student Plan please complete our online application. If your academic program is not eligible for Scotia Professional Student Plan, you may wish to consider applying for a ScotiaLine® personal line of credit for students.

Looking for More Funding?

We encourage you to visit Studentawards.com. Studentawards.com is Canada’s largest free scholarship search service – they help students achieve their higher education by providing quick and easy access to information on educational scholarships, bursaries, grants, fellowships and other forms of financial assistance that you may be eligible for.