The Canadian ChiroLoan Program is specifically designed to help meet the education funding needs of Canadian chiropractic students. The Canadian ChiroLoan is available exclusively to Canadian students attending an eligible ACC chiropractic school. Eligibility Loan Limits First Trimester Borrowing Interest Rates Fees Repayment Repayment Examples Disbursements Chiropractic School List Eligibility Canadian citizen pursuing a degree in chiropractic and enrolled in a US ACC approved school . First Trimester Borrowing. The guarantee fee is added to the requested loan amount.
Interest is capitalized at repayment.
The Annual Percentage Rate will fluctuate with changes in the Prime Rate. Monthly payments made up of principal and interest remain fixed throughout the life of the loan. Any increase or decrease in the interest rate will be reflected in the length of repayment, not in the monthly amount, unless an increase in the monthly amount is needed to keep the repayment period within the 20 year program maximum, in which event the monthly payment amount will be increased to the minimum amount necessary to repay a loan within the 20 year period. APR - Annual Percentage Rate, the effective interest rate when the guarantee fee and all interest charges are included. Finance Charge - interest paid over the life of the loan, including the guarantee fee.