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Set up automatic payments through cibc online banking or at a cibc banking centre deposits made to your education line of credit are considered payments and are applied to the principal recommended limit guidelines based on programs offered through canadian post secondary institutions.

Student line of credit cibc bank.

Get 60 when you open a cibc smart for students account. Banking for student professionals. Book an appointment to apply for a td student line of credit. Make interest only payments and re use 1 your pre set credit limit while you re in school so you only need to apply once.

The cibc education line of credit elc will provide you with up to 40 000 and you don t need to start paying back the principal as long as you re still in school. You ll pay only the interest while attending a publicly funded canadian university or college and then for 12. If you re a student this line of credit is designed to help you manage the cost of your post secondary education. For information on the scotiabank prime rate check current rates.

Apply now for the cibc professional edge student program learn more about the cibc professional edge student program special offer. Subject to change and to credit approval. Everyday tasks like banking should be simple. Earn 60 when you open a cibc smart for students account.

Tools and advice education line of credit calculator. Overview fees and details apply now for the cibc smart for students. That s why cibc offers worry free day to day banking lines of credit and credit cards that can help meet your needs. Learn more about the student banking offer.

Opens a new window in your browser. We know time can be precious when you are studying medicine dentistry law or any other professional program. Open a new cibc bank account credit card or line of credit to enter. The interest rate you pay on a scotialine personal line of credit for students will vary with scotiabank prime.

To apply for a student line of credit or to get more information speak with a cibc advisor at 1 866 525 8622.

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