A Casera Higher Education Line of Credit is designed to assist members whose financial resources limit their ability to further their education. A line of credit is set up to cover your expenses relating to continuing education, such as tuition, books or equipment.

Payments are interest-only while you are enrolled in school and for a six-month period after you are no longer a student. Interest is calculated on the closing daily balance at prime rate +1% and charged to your account at the end of every month.

Benefits	Features
Low-cost	Variable prime rate +1%. Repayment is interest-only while in school.
Great for budgeting	Credit limit pre-determined. Separate education chequing account. ATM access not available.
Online convenience	Manage your account online with CU@HOME®.
Saves money	Interest calculated on the daily outstanding balance and paid monthly.
Detailed management	Transactions and balances appear on monthly e-statements.
Peace of mind	Life insurance is available.
Time-savings	Apply just once.

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Fees
Line of Credit	•  FREE

Other fees may occur. View Casera’s service fees.

Casera has a wide range of financial solutions for young people, including accounts for children, youth and young adults. Check it out.