We've merged effective January 1, 2020 and while this website may still bear the name and logo of Westminster Savings Credit Union, we are in the process of revising all print and digital materials to bear the name of the new legal entity - Prospera Credit Union. We appreciate your patience during this transitional period.

Student Line of Credit

A Student Line of Credit is a great way to pay for your tuition costs, books, groceries and other expenses while you're in school.

Contact us

visit a branch near you or call 604-517-0100 to get started today.

Account Details

Our Student Line of Credit is designed for students aged of 19 to 25 who are registered at a Canadian post-secondary institution in full time or part time studies.


  • Low interest rate while attending school and for 12 months after the program is complete
  • Manageable repayments – only pay interest on what you use
  • No set up fees or other hidden costs
  • Reusable credit with no need to re-apply, as you pay down the balance, you will have immediate access to the money once again
  • Free Young Adult Chequing account included

Terms & Conditions

  • Application amount must be between $5,000 and $40,000
  • Annual confirmation of enrollment is required
  • Post-secondary school must be recognized by the Canada Student Loans Master List of designated educational institutions
  • Interac e-Transfers not included in free transactions

Ready to Apply?

Applying for our Student Line of Credit is easy. All you need to do is book an appointment with one our financial experts at your nearest branch to get started.

Here's what you'll need for your appointment:

  • Social insurance number
  • Proof of enrollment from your Registrar
  • Income statement (if applicable)
  • Any of the following asset statements: (if applicable)
  • Savings
  • Mutual Funds
  • Bursaries

Member Benefits

All of our accounts come complete with services catered to helping our members save time and money.

Need more information?

Interested in applying for or learning more about our Student Line of Credit? Contact us online, on the phone at 604-517-0100 or visit your nearest branch to get started today.

*Reduced interest rate is only available while enrolled in a post-secondary program at a recognized Canadian educational institution and for 12 months after graduation or end of program date. Annual confirmation of enrollment is required to maintain interest rate. Standard credit approval process applies.


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