The majority of candidates will require some level of private financing to contribute to their MBA investment. We encourage you to explore the various bank loan options available.

Canadian Citizens & Permanent Residents

Ivey has developed the MBA Loan Program in partnership with a number of Canadian banks to create competitive loan packages for Ivey MBA candidates.

Repayment terms vary amongst institutions with some banks allowing individuals to make interest-only payments for twelve months following graduation. The loan resembles a personal line-of-credit where you are charged interest every month. The interest rates are competitive (presently prime + 1/2%; TD Canada Trust and RBC rate is prime + 0.0%). Each bank assesses your application against their lending criteria.

Each bank has designated one London branch to handle all Ivey MBA loans. If you are working with someone at your own local branch, please ensure they contact the London Branch using the contact information below - not all branches are aware of these special rates. This allows more personalized and efficient service for each student. We encourage you to compare the fees and terms of all student loan products in the chart found below, to determine which is best suited to your needs.


Bank Contact Email/Telephone Program Maximum
Bank of Montreal Cathy Walker
(519) 667-6308
$110,000 - $135,000

Carlos Toopitsin
(519) 667-7992

Logo Scotiabank Hatem Abouzeenni hatem.abouzeenni
(519) 642-2376
$70,000 -
$110,000 for a combined MBA
Logo RBC Bradley Baigent
(519) 660-4720
$115,000 with a 2-year grace period
Laura Culliton
(519) 660-4235
Corey Hutchinson
(519) 660-7662
Logo Canada Trust

Nav Thiara (Richmond St. Gates Branch)
(519) 673-6020 ex. 223

$80,000  - $100,000*

Jay Chen (Richmond St. Gates Branch)
(519) 673-6020 ex. 250


Anthony Celebre (Richmond St. Gates Branch) (519) 673-6020 ext. 225


Hasin Said (Richmond St. Masonville Branch)
(519) 660-0070


Peter Vergiris (Richmond St. Masonville Branch)
(519) 660-0070


Simon Belz

(519) 854-7154

Prime + 0.5%: $125,000 limit

Access to personal line of credit continues after graduation

Graeme Lyon

(519) 661-8000 x437

International Students

Please see the International Candidate page for more information about financing for international applicants.