Financial Assistance Programs
Financing is available for professional training from the Caisses Desjardins branch in Saint-Hubert.

Admissible Client Profile
Canadian citizen or landed immigrant, enrolled full time in a flight school.
Goal of the loan
Financing for the flight training program.
Credit Limit
Maximum of 40,000$.
Types of Financing
During studies: Line of Credit for a maximum period of 24 months.
After studies: personal loan
Payment Options
During studies:
Interest only.The first payment is deferred six months after the end of the training.
After studies: Maximum period for payment:
0 – 15,000$ 5 years
15,000$ and more 10 years
Line of Credit
The line of credit becomes refundable:
• At the completion of the program, or if you leave the program.
• In the case of a default with regard to the banks policies or irregularities in the evaluation criteria.
Interest Rate
* DPBR + 1 %
At the moment of consolidation: rate of loan at the applicable rate minus 2 %.
* Desjardins Personal Base Rate
Frequency of Rate Changes
Monthly revision.
Life Insurance
Mandatory Life Insurance (line of credit insurance).
Guarantee
The signature of a cosigner or confirmation of a tangible guarantee can be imposed.
Required Documentation
• Proof of inscription
• Copy of the receipt
• Notice upon completion of studies
Transfers
• Upon request of the school, for future training (maximum of 3,500$ per request);
• If you leave your training, a written notice must be sent to the bank, and a check funding the advances not used will be made jointly





