CIBC Professional Edge® Student Program
CIBC recognizes the high cost of education and we can help provide the money you need if you're a student starting or completing a degree in:
- Accounting (CA, CGA, CMA)
- Chiropractic studies
- Dentistry
- Law (LLB, JD, LLM, LLD)
- Master of Business Administration (MBA, Executive MBA)
- Medicine
- Naturopathic medicine
- Optometry
- Pharmacy
- Podiatry
- Registered nursing
- Veterinary medicine
The CIBC Professional Edge Student Program offers from up to $55,000 up to $150,0001 (depending on your field of study) to students who need help with their education, living and residency costs. Students have access to a CIBC Personal Line of Credit (PLC) and only pay interest while attending an accredited Canadian university or college and for up to 12 months after graduation or end of residency (or up to 6 months if they leave the program without graduating). Upon graduation or completion of residency, you can request the repayment option that best suits your needs.
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To find out how you can benefit from the experience and knowledge of a CIBC advisor, visit the nearest CIBC branch, contact your CIBC advisor or call toll-free 1-800-465-2422. | |
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Key benefits
| Access to Funds |
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| Convenient |
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| Payments designed for students |
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| Repayment options that work for you |
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Information you need to know:
- There is no charge to set up a CIBC Professional Edge® Student Program
- Payment due dates are set out on your monthly statement
- If you leave the program without graduating, the CIBC Professional Edge Student PLC is converted to a personal loan 6 months after you leave
Other benefits
| Startup business |
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| Save money on your day-to-day banking |
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| Eligible for VISA card application |
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| Access to the right advice |
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| Optional Features: |
Trademarks and Disclaimers
This is a general description only. For more information and product terms and conditions, consult product brochures or call 1-800-465-2422.
1 Only medical and dentistry students may apply for up to $150,000. Annual credit limit increases, the special one-time limit increase and other program features are subject to proof of enrolment, a continued good payment history and credit record, and a satisfactory cash flow analysis. Applicants must meet all CIBC lending criteria, including on graduation or completion of residency. Certain conditions and restrictions apply. Credit limit determined by CIBC, in its sole discretion. Qualified guarantor may be required. Products and their features may change at any time. Part time students are eligible for reduced credit limits determined by CIBC. Masters of Business Administration (MBA, Executive MBA), Law (LLB, LLM, JD), Accounting (CA, CGA, CMA), Registered Nursing and Podiatry are eligible for total program costs (tuition + activity fees) plus 10% to a maximum limit determined by CIBC.
2 If you leave the program without graduating, you can make payments of interest only for up to six months.
3 Your rate will vary whenever CIBC Prime varies.
4 CIBC VISA application approval is subject to regular student credit card application guidelines. Offer not available to existing CIBC VISA cardholders. Other conditions may apply.
5 Underwritten by The Sun Life Assurance Company of Canada. A detailed summary of the terms, conditions, limitations, exclusions, and other provisions are contained in your Certificate of Insurance, which you receive upon enrolment.
6 "Transaction" includes the following: cheques, withdrawals, pre-authorized payments, bill payments and INTERAC Direct Payment purchases. Additional fee(s) apply to all withdrawals at bank machines not displaying the CIBC name or logo; the student discount does not apply to these.
® Registered trademarks of CIBC.
* Visa Int./Lic. User.
†INTERAC is a registered trademark of Interac Inc.; CIBC authorized user of the trademark.
Copyright® 2008 Canadian Imperial Bank of Commerce. All rights reserved.