About the Bank Equity Program

Use the equity in your home to become a BANK

To pay for:

  • tuition
  • housing,
  • books,
  • supplies,
  • and anything you need for college student,

    by simply changing the ways you manage your money

Instead of using your checking account to receive and pay out funds, you will use your home equity line of credit account for all income deposits and expense pay outs.

View the illustrations below:

1st: Use the equity in your home to pay for college

Use your equity line to pay for college costs minus the financial aid received:

  • pay tuition
  • pay room and board
  • pay for books, tech, and supplies
  • pay for misc. needs

2nd: Deposit all of your scheduled income sources into your banker home equity line of credit account

You will take all of your scheduled income sources and deposit them into your equity line account instead of your checking account. Deposit:

  • salary income
  • capital gains
  • savings
  • spare change

3rd: Now use your banker home equity account to pay family expenses

Use your banker home equity account to pay for everyday budgeted and planned expenses such as:

  • monthly bills
  • food and clothing
  • mortgage payment
  • budgeted card charges
  • budgeted debt charges
  • other living expenses


use it like you would
use your regular
checking account
to pay for everyday
living expenses

Benefit: Your discretionary income pay offs your college debt balance FAST!

Your discretionary income (the income amount minus your expenses) remains into your banker home equity line account to lower your college debt balance.

Over time, you will be able to pay off your financing debts in half the time by budgeting and managing your banker home equity line.

You can also use your banker account to finance other needs such personal debt, a new car, home improvement and other.

Need More Information?

  • Jump Over:
    link to our bank equity module to view this quick 10-point slide show that demonstrates how the Banker Line of Credit works (at our LetsRenovate center):
    go to slide show