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College Financial Resources

OUR FINANCIAL AID OFFICER IS HERE FOR YOU!

Canadian College provides College Financial Resources and easy access to a full time Financial Aid Officer (FAO) who will guide you through the financial application process every step of the way. Individual one-on-one attention from a trained professional will help you determine how to address your particular financial needs so you can receive the support you need to complete your post-secondary studies.

FINANCIAL RESOURCES – College Financial Resources :

  • 1. Student Loans

  • 2. Second Careers

  • 3. Private Payment Options

  • 4. Additional Resources


1. Student Loan

Planning your education is an important life decision. How much will your program cost in time, money and effort? What kinds of financial assistance may be available? The objective of student financial assistance is to assist eligible students who do not have the resources to meet the costs of postsecondary education. The intention is to promote equality of opportunity for postsecondary studies by providing financial assistance for educational costs and basic living expenses where students (and their families) do not have the resources to meet these costs.

 

STUDENT GRANTS – College Financial Resources

Student Grants are available to help students – College Financial Resources

GRANT FOR STUDENTS WITH CHILDREN:

Grants for Students with Children assists full-time and part-time postsecondary students with children. An eligible dependant, by definition, is someone for whom you receive the Canada Child Tax Benefit or for whom you claim a deduction on your federal tax return.

CHILD-CARE BURSARY:

This non-repayable bursary assists students who have child-care costs for three or more children. Child-care costs for your first eligible child and second eligible child.


2.  Second Careers

Employment Insurance is a social program that contributes to the security of all Canadians by providing assistance to workers who lose their jobs and helping unemployed people across the country to get back to work.

Second Career provides laid-off workers with skills training to help them find jobs in high-demand occupations in Ontario and with financial support . Second Career is a cost-sharing grant provided on the basis of need, so you may be asked to contribute what you can to your training or education.

More on Second Careers [CLICK HERE]

 3. Private Payment Options

 

Financial Assistance is be available to those who qualify. Students, who are Canadians or permanent residents, may be eligible for student loans.  Canadian College works with many of the local financial institutions and payment programs are available to those who qualify. For details on Payment Plans and Options please contact our Admissions Office. Canadian College is committed to working with you and understanding your specific needs.

 

 

4. Additional Resources

TARGETED INITIATIVE FOR OLDER WORKERS (TIOW):

This joint federal-provincial initiative is intended to assist unemployed older workers to increase their employability, to help reintegrate into employment, and ensure they remain active and productive labour market participants while their communities undergo adjustments.   For eligible participants training costs are fully  funded through the initiative and training can be up to 9 months in length.

More on Targeted Initiative for Older Workers [CLICK HERE]

 

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