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

Under the CIBC Professional Edge Student Program, you can borrow up to $150,000 (depending on your field of study) to use for your education, living and residency costs1. You will pay interest only on your Professional Edge Student PLC while you are attending an accredited university or college and for up to 12 months after graduation or end of residency (or up to 6 months if you withdraw from the program without graduating, voluntarily or otherwise). Upon graduation or completion of residency, you can request the repayment option that best suits your needs.

	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.

Key benefits

Access to Funds	Medical and dentistry students can apply for up to $150,000 Naturopathic medicine students can apply for up to $140,000 Veterinary medicine students can apply for up to $125,000 Optometry, pharmacy, and chiropractic and naturopathic medicine students can apply for up to $80,000 MBA and Executive MBA students can apply for up to $70,000 Law, accounting, registered nursing and podiatry students can apply for up to $55,000
Convenient	Use your CIBC Convenience Card® to withdraw money from your CIBC Professional Edge Student Personal Line of Credit at any CIBC bank machine Access funds wherever you see the INTERAC† symbol Use your personalized cheques Access your money through CIBC Telephone Banking and Online Banking Receive a monthly statement for simplified record keeping
Payments designed for students	You pay interest only on the amounts you actually use while you are in school and for up to 12 months after graduation or end of residency (or up to 6 months if you withdraw from the program for any reason without graduating) Make payments by transferring funds to your CIBC Professional Edge Student PLC through CIBC bank machines, Telephone Banking and Online Banking Automatic payments can be set up through Telephone or Online Banking, or at a branch
Repayment options that work for you	Upon graduation or completion of residency, you can request the repayment option that best suits your needs1, including: You can continue using your Professional Edge Student PLC as a Personal Line of Credit with interest-only payments You can continue using your Professional Edge Student PLC with payments of 3% of the outstanding balance or $60 - whichever is greater You can convert your Professional Edge Student PLC to a CIBC Personal Loan with set principal and interest payments Regardless of the repayment option you choose, you'll continue to enjoy the same variable rate based on CIBC Prime3

Information you need to know:

• Payment due dates are set out on your monthly statement
• If you leave the program without graduating (voluntarily or otherwise), your CIBC Professional Edge Student PLC will be converted to a CIBC Personal Loan within 6 months

Other benefits

Startup business	Up to 100% financing for startup businesses after graduation or residency
Save money on your day-to-day banking	The CIBC Advantage® for Students gives qualifying students free transactions6 and no monthly fees on a CIBC Everyday® Chequing Account
Eligible for VISA card application	A CIBC VISA* card with $1000 limit4
Access to the right advice	Access to the CIBC family of companies and advice from a CIBC advisor both now and after you graduate

Optional Features:

CIBC Personal Line of Credit Disability Insurance5 CIBC Personal Line of Credit Life Insurance5

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 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.

2 Annual Review required. Students enrolled in MBA programs are not eligible for full access to limit upon application; annual applications required.

3 Your rate will vary whenever CIBC Prime varies.

4 CIBC VISA application approval is subject to regular student credit card application lending 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.

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