Professional Edge Student Program | Lending

Borrow up to $350,000* to help pay for tuition, living expenses, books and supplies.

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Apply online, find a branch, or call 1-866-525-8622

Special offer

Get $100 with CIBC Smart™ Start and $50 for each student you refer!

Plus, enjoy no-fee everyday banking until age 25. Qualifying conditions apply.

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Refer a friend

Refer a student or youth under 25 and you’ll both earn $50

Refer up to 50 friends each calendar year. Qualifying actions apply.

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Check out these great benefits

Access your line of credit anytime online or with our mobile app

Get a great low interest rate, as low as CIBC Prime^† minus 0.25%* (currently RDS%rate[1].PRIME.Published(null,null,null,null)(#O2#)% - 0.25*)

Make interest-only payments while in school and up to 24 months² after graduation, residency or articling

Get a free SPC+ membership^‡ and level up your savings with up to 30% off 450+ brands you love. Unlock VIP contests, next-level giveaways, and exclusive perks that make everyday life anything but basic. With SPC+, the best deals aren’t just deals — they’re a lifestyle.

Learn more about SPC+.

Borrowing options designed with you in mind

Apply once to get ongoing access to your cash while you’re at school.

Field of study	Approved designations*	You could get up to	Rates as low as
Medicine	Doctor of Medicine (MD), including residency programs Doctor of Osteopathy (DO)	$350,000	CIBC Prime^† - 0.25%
Dentistry	Doctor of Dental Surgery (DDS) Doctor of Dental Medicine (DMD) Designations in the following post-graduate specialty programs: Endodontics Orthodontics Dentofacial Orthopedics Pediatric Dentistry Prosthodontics Oral and Maxillofacial Surgery	$350,000	CIBC Prime^† - 0.25%
Optometry	Doctor of Optometry (OD)	$125,000	CIBC Prime^† - 0.25%
Chiropractic Medicine	Doctor of Chiropractic (DC)	$140,000	CIBC Prime^†
Veterinary Medicine	Doctor of Veterinary Medicine (DVM)	$140,000	CIBC Prime^†
Business studies	Master of Business Administration (MBA) Executive MBA	$125,000	CIBC Prime^†
Pharmacy	Bachelor of Science in Pharmacy (BPharm) Master of Pharmacy (MPharm) Doctor of Pharmacy (PharmD)	$125,000	CIBC Prime^† + 0.25%
Law	Bachelor of Laws (LL.B.) Juris Doctor (J.D.) Masters of Laws (L.L.M) Doctor of Laws (LL.D.)	$100,000	CIBC Prime^† + 0.25%
Occupational Therapy/ Physiotherapy	Occupational Therapy (MscOT) Master of Occupational Therapy Physiotherapy (MscPT)	$80,000	CIBC Prime^† + 1%
Nursing	Registered Nurse (RN) Master of Nursing (MN) Nurse Practitioner (NP)	$60,000	CIBC Prime^† + 1%
Accounting	Chartered Professional Accountant (CPA)	$80,000	CIBC Prime^† + 1%
Engineering	Bachelor of Engineering (BENG) Master of Engineering (MENG) Doctor of Engineering (DENG)	$60,000	CIBC Prime^† + 1%

*The advertised rates apply only to eligible professional programs as determined by CIBC, at its sole discretion.

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Here’s what you need to apply

Proof of Canadian residency or citizenship

Proof of enrolment at a Canadian accredited university or college

An estimate of your education costs (use this student budget calculator)

Note: Applications are subject to credit approval. If your credit history is limited, a guarantor is required. Qualified applicants studying at a Canadian school do not require a guarantor.

Ready to get started?

Meet with us Apply online

How to repay your line of credit

While you’re in school

Maintain your line of credit with interest-only payments¹
Get an idea of what you’ll need to repay with this line of credit calculator

Up to 24 months² after graduation, residency or articling

Continue making interest-only payments
Pay off all or part of the line of credit at any time without penalty

1 year after graduation, residency or articling

Convert your line of credit to one of the following borrowing options:

Practicing Professional Line of Credit

CIBC Personal Line of Credit

CIBC Personal Loan

* Borrow up to $350,000 depending on your field of study. Recommended limit guidelines are based on professional programs offered through Canadian post-secondary institutions. Approval is subject to applicants meeting CIBC’s normal lending criteria. Credit limit is determined by CIBC, in its sole discretion. Part-time students are eligible for reduced credit limits determined by CIBC. A qualified guarantor may be required. Ongoing access to your Professional Edge^® Student Line of Credit and annual credit limit increases (if applicable) are 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. The rate is applicable to accredited Canadian medical schools only.

^† CIBC Prime Rate is RDS%rate[1].PRIME.Published(null,null,null,null)(#O2#)% on RDS%SYSTEM_DATE(#M# #d#, #Y#)%. Refer to the current CIBC Prime Rate. CIBC Prime Rate 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 or whenever we change your variable interest rate in CIBC’s sole discretion.

^‡ To be eligible for a free SPC membership, you must hold an eligible CIBC product at the time you register for the membership, which you must do through CIBC online or mobile banking. Eligible CIBC products include a CIBC Youth or Student bank account, Student credit card or Student line of credit. A complete list of eligible CIBC products can be found at SPC and CIBC. Joint account holders of eligible CIBC products are not eligible for membership. You must also be a legal resident of Canada who is fourteen (14) years of age or over, but under the age of thirty (30) years if the eligible CIBC product you use to qualify for the membership is a student line of credit. The membership will automatically renew and remain in effect for as long as you hold an eligible CIBC product.

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¹ If you leave your program without graduating, your CIBC Professional Edge^® Student Line of Credit will automatically convert to a CIBC Personal Loan with set principal and interest payments.

² Up 24 months after graduation from an accredited Canadian medical, dental or optometry school, or up to 12 months after graduation, residency or articling from other qualified CIBC Professional Edge studies.

Trademarks

CIBC Professional Edge® Student Program

Get $100 with CIBC Smart™ Start and $50 for each student you refer!

Refer a student or youth under 25 and you’ll both earn $50

Check out these great benefits

Borrowing options designed with you in mind

Here’s what you need to apply

Ready to get started?

How to repay your line of credit

While you’re in school

Up to 24 months2 after graduation, residency or articling

1 year after graduation, residency or articling

CIBC Professional Edge^® Student Program

Up to 24 months² after graduation, residency or articling