Paying for Tuition

Postsecondary students

If you're preparing for or already attending college or university, you know that postsecondary education can be expensive. Even with savings, you may still need to borrow to cover costs like tuition, textbooks and day-to-day expenses.

With the CIBC Education Line of Credit, you can take advantage of a preferred rate for students and gain access to the funds you need.

Are you a parent and homeowner? With a CIBC Home Power™ line of credit, you may secure a lower interest rate and a higher credit limit to help pay for your child's education.

Professional program students

At CIBC, we know that professional programs can be challenging, leaving you little time to spend worrying about financing. By choosing a borrowing solution like the CIBC Professional Edge® Student Program, you have access to financing that's designed to meet the needs of your particular degree.

CIBC Education Line of Credit

• Available to full-time and part-time students enrolled in an accredited Canadian university or college
• Credit limit up to $40,000 depending on the length of your program
• Competitive interest rates based on prime
• Low monthly interest-only payments while you are in school and up to 12 months after graduation

Learn more

CIBC Professional Edge Student Program

• Available to students enrolled in professional programs such as law, medicine and dentistry, among others
• Credit limit up to $150,000 depending on your field of study
• Competitive interest rates
• Low monthly interest-only payments while you are in school and up to 12 months after graduation

Learn more