CIBC

Borrow up to $225,0001 to help cover tuition, rent, books, school supplies, living and residency costs for your program.

This student loan program is for you if you want:

• Ongoing access to funds at an interest rate of Prime*

• Low monthly interest only payments on the amount you use

Additional features:

• Access your funds, transfer money and make payments on your line of credit from CIBC branches, bank machines, Telephone Banking, Online or Mobile banking, where you can also set up automatic payments

• Access funds wherever you see the Interac^† symbol

• Receive monthly statements for simplified record keeping

• Payment due dates are set out on your monthly statements

Repayment options upon graduation or residency completion:

• Continue using your Professional Edge® Student PLC with interest only payments

• Convert your Professional Edge® Student PLC to a CIBC Personal Loan with set principal and interest payments

• Pay off all or part of the line of credit or loan at any time without penalty

• All repayment options give you the same variable rate based on CIBC Prime*

¹

 ¹ Approval subject to applicants meeting CIBC’s normal lending criteria. Credit limit determined by CIBC, in its sole discretion. Part time students are eligible for reduced credit limits determined by CIBC. Qualified guarantor may be required. Ongoing access to your Professional Edge Student PLC and annual credit limit increases (if applicable) subject to proof of enrolment, a continued good payment history and credit record, and a satisfactory cash flow analysis, determined by CIBC in its sole discretion. Certain conditions and restrictions apply. Products and their features may change at any time.

* CIBC Prime is the variable rate of interest per year declared from time to time to be the prime rate for Canadian dollar loans made by CIBC in Canada. The interest rate on your CIBC variable-rate line of credit will change whenever CIBC