A low interest rate that gives you room to breathe
The Scotia Professional® Student Plan Line of Credit provides up to $350,000, fully available when you open the account, at an interest rate of prime minus 0.25%.1
Flexible repayment options that reflect your reality
With a Scotia Professional® Student Plan Line of Credit, no principal or interest repayments are required while you’re in school or for up to two years after you’ve finished residency.2
Our most popular features packaged for your everyday banking needs
Once your Scotia Professional® The Scotiabank Preferred Package come with unlimited debit transactions and Interac† e-Transfer transactions, your choice of SCENE® or Scotia Rewards® on everyday purchases,3 a monthly account fee waiver for physicians (value $15.95/month), and much more.
1. Open or use your existing onboardMD account and apply for your new Scotia Professional® Student Plan Line of Credit online.
2. Open a new Scotia Professional® Student Plan Line of Credit and meet with an MD Advisor** for $300.
3. Open a new Scotiabank Preferred Package and complete the qualifying transactions within 60 days for a $300 welcome bonus.