You always have financial options.
Get started to open a new Scotia Professional Student Plan Line of Credit.
Before you start, does this sound like you?
- You’re a Canadian resident.
- You’re a medical student or in a Canadian residency/fellowship program.
- You are at least the age of majority in your province or territory.
- This line of credit would be for your own personal use.
.
.
I allow MD Financial Management (including MD Financial Management Inc., MD Management Limited, MD Private Trust Company, MD Life Insurance Company and MD Life Insurance Company and Scotia Wealth Insurance Services Inc.) to send me electronic messages (such as emails) about their products and services, offers, events, and other valuable information that may be of interest to me.
.
Med school can cost up to $200,0001
We understand the challenges you’ll face in medical school and the stress of funding your studies. That’s why onboardMD™ is making available through Scotiabank® a great solution to help with your medical school expenses— a line of credit of up to $350,000 with an interest rate of prime minus 0.25%2, and no annual account fees.
Get your application started in about 7 minutes by providing some information. We’ll take it from there.
Select the statement which best describes your situation:
I have an existing student line of credit and I’m thinking of switching.
I’m applying for a new student line of credit.
Banking solutions for medical students
Scotiabank has worked with MD Financial Management (MD) to deliver the Scotiabank Healthcare+ Physician Banking Program, with banking solutions designed to meet your unique needs as a medical student. In addition to the Scotia Professional® Student Plan Line of Credit, as a medical student you can receive savings and rewards on personal banking solutions to help you manage your finances, including:
- Scotiabank Preferred Package Chequing Account
- A selection of one or two credit cards to get a combined pre-approved credit limit of up to $10,000
For full details visit Scotiabank Healthcare+ Physician Banking Program.
Scotiabank has more financing options for you
® Registered trademarks of The Bank of Nova Scotia.
MD Financial Management provides financial products and services, the MD Family of Funds and investment counselling services through the MD Group of Companies. For a detailed list of these companies, visit md.ca.
Banking and credit products and services are offered by The Bank of Nova Scotia “Scotiabank”. Credit and lending products are subject to credit approval by Scotiabank.
The Ultimate Package monthly account fee is waived for eligible physician clients on one (1) Ultimate Package account (“Account”). The monthly account fee will be waived and will not appear as a charge on your Account provided the Account is open and in good standing at the time of the waiver. All other applicable service charges on the Account will continue to be applied. Maximum one offer per customer. This offer is non-transferable and may be changed, cancelled or extended at any time without notice.
1 Source: AFMC Graduation Questionnaire National Report 2018.
2 The annual interest rate will vary with Scotiabank Prime and, where applicable, the adjustment factor. Scotiabank Prime is the prime lending rate of Scotiabank published from time to time and is subject to change. We may also change the adjustment factor with prior notice. You can find the current Scotiabank Prime lending rate at www.scotiabank.com/ca/en/personal/rates-prices.html or by contacting Scotiabank at 1 800 4SCOTIA (1 800 472-6842).
All banking and credit products and services are solely offered by The Bank of Nova Scotia “Scotiabank”. Credit and lending products are subject to credit approval by Scotiabank.
onboardMDTM is a trademark of The Bank of Nova Scotia, used under licence.
® Registered trademarks of the Bank of Nova Scotia, used under license.