Admissions

Financial Aid

When accepted to KSMU, we will provide you with a formal letter of admission, as well as a cost of tuition and living letter that your bank will request as proof of acceptance/enrollment and financial cost.

Provincial & Territorial Student Financial Assistance Offices


Alberta


1-855-606-2096 (toll free in North America)
(800) 2 529-9242 (plus International Access Code)

http://studentaid.alberta.ca

British Columbia


1-800-561-1818 (toll-free within Canada/US)
1-250-387-6100 (Outside North America)

https://studentaidbc.ca

Newfoundland & Labrador


888-657-0800 (toll-free)
709-729-5849

http://www.aes.gov.nl.ca/studentaid/

Northwest Territories


Nova Scotia


800-565-8420 (toll-free within Canada)
902-424-8420

http://novascotia.ca/studentassistance/

Saskatchewan


1-800-597-8278 (toll-free)
306-787-5620 (Regina area and outside Canada)

http://www.saskatchewan.ca/studentloans#utm_campaign=q2_2015&utm_medium=short&utm_source=%2Fstudentloans

Yukon


800-661-0408 local 5929 (toll-free within Yukon)
867-667-5929

http://www.education.gov.yk.ca/index.html

Canadian student loans


RBC Royal Bank


Annual Credit Limit: No restrictions annually
Total Credit Limit: Up to $250,000
Interest Rate: Prime Rate
Deferral Period: Interest payments once a month and up to 12 months after residency
Repayment Period: Please contact bank for information

http://www.rbcroyalbank.com/student/medical-dental/

TD CANADA TRUST


Annual Credit Limit: Up to $85,000 in your first year of study
Total Credit Limit: Up to $250,000
Interest Rate: Please contact bank for information
Deferral Period: Interest-only monthly payments while in school and for 12 months after you leave school
Repayment Period: Please contact bank for information

https://www.tdcanadatrust.com/products-services/borrowing/loans-lines-of-credit/student-line.jsp

BMO BANK OF MONTREAL


Annual Credit Limit: Up to $75,000 per year
Total Credit Limit: Up to $250,000
Interest Rate: Prime Rate
Deferral Period: Interest payments once a month and up to 1 year after graduation
Repayment Period: Please contact bank for information

http://www.bmo.com/home/personal/banking/loans-loc/loc/student-line-of-credit?tcid=bu-23003-LOC1-JM-2-21

CIBC


Annual Credit Limit: Please contact bank for information
Total Credit Limit: Up to $275,000
Interest Rate: CIBC Prime is the variable rate of interest per year declared from time to time to be the prime rate for Canadian dollar loans made by CIBC in Canada. The interest rate on your CIBC Variable-Rate line of credit will change whenever CIBC Prime varies.
Deferral Period: Interest only payments are required
Repayment Period: Please contact bank for information

https://www.cibc.com/ca/loans/prof-edg-st-pers-ln-credit.html

NATIONAL BANK OF CANADA


Annual Credit Limit: You can review and increase your credit limit each year according to your needs and level of studies
Total Credit Limit: Up to $250,000
Interest Rate: Please contact bank for information
Deferral Period: Option of deferring principal payments for up to 12 months after you complete your studies, within your credit limit. However, interest accrues during that period. Only interest and insurance premium payments (if applicable) must be made monthly
Repayment Period: Your repayment period for your Student line of credit will be established according to your credit limit

https://www.nbc.ca/en/personal/financing/personalloans-lines-of-credit/student-line-of-credit.html#1

SCOTIA BANK


Please contact Scotia Bank for Line of Credit Eligibility.

http://www.scotiabank.com/ca/en/0,,957,00.html

You may also want to contact credit unions or banks with which you have a relationship. Special consideration may be given to customers with good credit and existing banking relationships. Please contact your lending institution for more details on their student loan products or lines of credit.

HSBC


HSBC may offer student loans for customers with existing relationships with HSBC. You must contact the branch nearest you to find out more information. If you submit an application, your status is reviewed on a case-by case basis.

http://www.hsbc.ca/1/2/personal/borrowing/loans/loc

 

United State Student Loans


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