◊◊ NO PURCHASE NECESSARY. Open January 1, 2018 to December 31, 2018 to legal residents of Canada who are sixteen (16) years of age or older and are current students of an accredited Canadian university, college or secondary school. Grand prize of $35,000 CAD. Odds of winning depend on number of eligible entries received. Math skill test required. Refer to Student Life Network for contest detailsOpens a new window in your browser. Read full contest rules (PDF, 340 KB) .
* Borrow up to $300,000 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.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.
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.