Your post-secondary education is a big investment. We are here to help you find a solution, no matter what you financial situation may be.
Even before you begin your chosen program, we will help you to look at the possible financing options available to you. We work with you to find a solution that work best for you.
You may receive the funding for your post-secondary or continuing education from any of the possible sources outlined below.
Beauty Institute Canada offers the option of Interest Free Payment Plans in the event that you have no alternate method of funding. All students are eligible for applying for our funding without any credit check and co-signor requirements. For more information please Call us now at 905 674 0100 to speak with your Financial Aid Advisor.
You are allowed to withdraw up to $10,000.00 every year to the maximum of $20,000.00 from RRSP’s for financing your or your spouse’s continuing education.
For more details, we encourage you to visit the Canada Revenue Agency website at: www.cra-arc.gc.ca/tx/ndvdls/tpcs/rrsp-reer/llp-reep/menu-eng.html
Almost all major Canadian Banks and Credit Unions provide student lines of credit and personal loans based on your credit history and availability of guarantors. For more details, please speak with your financial institution or visit following:
- The Bank Of Montreal
- TD Canada Trust Student Line Of Credit
- Royal Credit Line For Students
- CIBC Line of Credit For Students
- Scotiabank Line of Credit For Students
We can help you with any document that your financial institution may need from us.
If you are laid off from your job and are looking for a new career, you may qualify for the Ontario Government’s Second Career program that will pay for your tuition, books and other expenses to a maximum of $28,000.00 or more every year.
For more details, please visit the Ontario Government’s site at: http://www.secondcareerontario.com/web/second_career
You may use your RESP funds to finance your post secondary education. For more details, please visit the Government of Canada CanLearn website at: http://www.canlearn.ca/fra/index.shtml
If you are from provinces outside of Ontario, you may qualify for scholarships, loans, grants and bursaries offered by your provincial student financial aid programs.
For checking your provincial programs you may visit the Government of Canada CanLearn website at: http://www.canlearn.ca/eng/common/help/contact/index.shtml.
The Job Grant will provide direct financial support to individual employers who wish to purchase training for their employees. Canada-Ontario Job Grant provides an opportunity for employers to invest in their workforce, with help from the Ontario Government.http://www.tcu.gov.on.ca/eng/eopg/cojg/
Some employers may offer education benefit packages as part of your employment benefits. In some case, you will need to register in the program first and then your employer will reimburse you for the tuition.
We can help you in this process to get reimbursed for the tuition that you paid by filling out the required forms and applications from your employer.
This program assists eligible candidates with rehabilitation, retraining and educational upgrading. Please visit www.wsib.on.ca to see if you qualify.
Many groups and organizations provide grants and scholarships each year to those in need of higher education. Please speak to your admission representative at Beauty Institute Canada to see a current list of scholarships.
Aboriginal Affairs and Northern Development Canada (AANDC) has two funding programs that could provide financial assistance for eligible Status Indian and Inuit students to help offset tuition, travel or living expenses. for more information visit, http://www.aadnc-aandc.gc.ca/eng