Student Accounts and Cashiers has teamed up with Interac Online to offer the chance for a student to win tuition.

Make up to five Interac Online payments toward your student account balance between August 1 and September 4 and for each payment you will be entered for a chance to win your 2012-2013 tuition, up to $5,000. Second place prize is $1,000.

Students who bank with BMO, RBC, Scotiabank and TD can access Interac Online by selecting the “Pay Now” button on your Account Statement or Payment Agreement.

Students should visit promotions.interac.ca to find out how to enter.

Liz McDonough, coordinator of customer service for Student Accounts and Cashiers, said: “I am excited about this contest for three reasons. We are hoping that students will become comfortable with making payments through Interac Online for future use. By making payments to their accounts to enter, we are encouraging students to meet their payment deadline date September 1. And, we are thrilled that for a lucky student this will be a great opportunity to win free money.”