Student Borrowing

Online Banking

Student Loans and LOCs

Pursuing a post-secondary education is an exciting chapter in a young adult's life. The last thing you need to be thinking about is how to pay for tuition, and all the other expenses associated with attending a college or university. Sure, there are loans, grants, and bursaries, available through the government and educational institutions, but if these don't cover all of your costs, or if you don't qualify for them - what's next?

If you are currently enrolled in a part-time or full-time designated post-secondary institution, you may be eligible for a SPARK Education Loan or Line of Credit.

This solution is for you if:

  • You’re carrying a minimum 60% full-time course load — three courses per semester in a program 12 weeks or longer. Documentation supporting enrollment will be require
  • You’re a Canadian citizen or landed immigrant, and enrolled in an accredited university or collegeThe program you’re in will lead to a diploma or certificate

Why get an Education Loan or Line of Credit from SPARK?

  • You can borrow up $10,000 per academic year to a maximum amount of $40,000 for your entire program
  • You only need to make payments on interest while you're in school
  • If you are a Canadian resident or citizen attending an international post-secondary institution, you may still be eligible to receive financing. Talk to us to learn more.

Ready to apply?


Why Borrow From SPARK?

  • Flexible payment options
  • No-commitement pre-approvals
  • 90-day rate gurantee
  • Skip-a-payment twice a year
  • Optional credit insurance
  • And more!
Why Borrow From SPARK