Student Lines of Credit
|Summary||Finance tuition and more||Borrowing solutions for students enrolled in professional programs|
|Product||CIBC Education Line of Credit||CIBC Professional Edge® Student Program|
|Rate|| : on how rates for student lines of credit are calculatedVariable rate based on CIBC Prime*
||: on how rates for professional student lines of credit are calculatedVariable rate based on CIBC Prime*|
|Lending $ range||$5,000 and up||Up to $275,000|
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Trademarks and Disclaimers
*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 line of credit will change whenever CIBC Prime varies.
Applicants must meet all CIBC lending criteria. Certain conditions and restrictions apply. Credit limit determined by CIBC, in its sole discretion. Products, their features and advertised interest rates may change at any time. This is a general description only; for more information and product terms and conditions, consult product brochures or call CIBC at 1-866-525-8622.
TM/® Trademarks of CIBC.
Rates for the CIBC Education Line of Credit are determined by a number of factors, including the Bank of Canada prime lending rate, the amount credit granted, whether or not the loan is secured, and by the borrower's credit rating.
Rates for the CIBC Professional Edge® Student Line of Credit are determined by a number factors, including the Bank of Canada prime lending rate, the amount credit granted, the value of the security, and the borrower's credit rating.