We are pleased to announce a new partnership with the Royal Bank of Canada to provide access to a line of credit for international students.
The Schulich School of Business has partnered with RBC Royal Bank® to offer a limited number of eligible international MBA students (those on a student visa) a non-cosigned line of credit set at prime +0.5%. Students may receive a loan of up to $45,000 to help offset the cost of their education. Eligible candidates will be assessed by RBC Royal Bank who, at its sole discretion, will determine whether to provide a student with funding*.
At this time the applications are not yet open. The Financial Aid area will be sending details on the application process and the criteria shortly. Please review the Loans/OSAP section in Money Matters on the Schulich site for additional details.
We are very excited about this partnership and opportunity for our international students, please watch for updates to follow.
*Personal lending products are offered by Royal Bank of Canada and are subject to its standard lending criteria.
® / ™ Trademark(s) of Royal Bank of Canada. RBC and Royal Bank are registered trademarks of Royal Bank of Canada. ‡ All other trademarks are the property of their respective owner(s).