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Additional Financing Options

Other Education Financing Options

If you don’t have enough education savings by the time your children attend college or university, consider these financing alternatives.

Student Line of Credit

Students can help pay for their own education with a BMO Bank of Montreal Student Line of Credit.

Homeowner's Line of Credit

Use the equity in your home to help with education expenses.

BMO SPC®‡ MasterCard®*

No annual fee, and your choice of rewards. Plus, BMO SPC MasterCard gets students exclusive discounts at hundreds of SPC (Student Price Card Ltd.) retailers nationwide.

Scholarships, Grants and Bursaries

Scholarships, grants and bursaries can help cover the costs of education. Learn how your child may be eligible.

Government Student Loans

Federal and provincial governments will lend your child money to go to school. Find out more about student loan programs at CanLearn

Calculate education costs and savings needs with our RESP Savings Tool.

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