DESCRIPTION

What is your credit union doing to assist youth in their education?

The STUDENTCHOICE® Financial Services Package has been designed to assist credit unions with their youth portfolio. This product is designed for students just completing high school, students who are now opting for a professional designation as well as those individuals who have been in the workforce for a number of years and are now pursuing a post-secondary education.

Personal financial management is a key concern for all post-secondary students in Canada. Students pursuing higher education will experience considerable expenses including tuition, books, rent, travel and much more. The STUDENTCHOICE® package will assist students in their financial management planning.

Today, other financial institutions are offering students financial products that satisfy many student needs. Your credit union can offered the STUDENTCHOICE® product as the overall solution for many students. The offering of this product can assist your credit unions in retaining and attracting the student market.

* Eligibility determined by credit union.

TARGET AUDIENCE

There is no age restriction to qualify for the STUDENTCHOICE® package as long as they are attending a recognized post-secondary institution enrolled in 60% studies. Whether the student is just out of high school or has been in the workforce for a number of years and is now opting to attend a recognized post-secondary institute, the package is available to them.

The STUDENTCHOICE® package will be of interest to:

  • Students just completing high school
  • Students who are now opting for a professional designation
  • Adult Learner - Those individuals who have been in the workforce and are now pursuing a post-secondary education

FEATURES

The STUDENTCHOICE® Financial Services Package includes a variety of products and services for today’s student to assist them with their finances – from deposit accounts to special loan requirements.

This package will give students convenience and flexibility in their banking services with features to save them money. This all-inclusive package lets students know in advance what they will pay

  • Deposit account package
  • Line of Credit*
  • Education loan*
  • Professional designation education loan option*
  • Credit Card Products**

* Eligibility determined by credit union
** Eligibility determined by Credit Union Electronic Transaction Services (CUETS)

KEY BENEFITS

Benefits to Credit Union:

  • Help Students Build Financial Awareness
  • Retain and Grow Your Youth Portfolio
  • Cross-selling Opportunities
  • Diversification Opportunities
  • Loyalty
  • Assist in your credit unions youth strategy
  • Help in building a relationship with youth

Benefits to Members:

  • Convenience
  • Flexibility to access loan funds when needed
  • Options/Choices – establish a package that works for them
  • Peace of Mind
  • Saves Money – competitive rates on deposit products and loan products
  • Maintains a Local Community Relationship
  • Helps Students Fulfil Dreams