Student Borrowing

Being a student is hard enough. We help shoulder some of the stress by offering a Student Line of Credit below the prime lending rate, so you’ll save as you go.

STUDENT LINE OF CREDIT

Designed for real student life, Northern’s Student Line of Credit makes it easier to balance the books (and pay for them). To help ease the burden, you can make interest-only payments on the amount drawn for up to 6 months after you graduate. After that, your Student Line of Credit becomes a loan with flexible repayment options and no penalties for lump-sum payments.

BENEFITS

  • A rate set at 0.25% below prime
  • Flexible repayment options
  • Freedom to make lump sum payments without penalty

Please visit your local branch or call 1-866-413-7071 (Mon-Fri, 9-5pm) to talk to a Northern Advisor.


STUDENT MASTERCARD®

With a credit limit of $500 to $2,000 and no annual fee, Northern’s Student MasterCard helps you build your credit rating while enjoying all the security and conveniences of MasterCard—including 90-day purchase protection, extended warranties and travel insurance.

BENEFITS

  • No annual fee
  • $500 - $2,000 credit limit
  • Travel insurance, extended warranties and purchase protection

Please visit your local branch or call 1-866-413-7071 (Mon-Fri, 9-5pm) to talk to a Northern Advisor.