Canadian Residents
The decision to invest in education and career training is one of the most important
decisions you'll ever make. Once you've taken that important step, the next question
is how to pay for it.
If you're looking for advice on your education financing we can help, with a variety
of options that will assist you in upgrading your skills and building your career
future. For further information please call us at 416 925-9929 and speak with a
qualified Financial Aid Administrator.
General Admission
The general requirements to apply for programs:
You should be over 18 years of age
OSSD or equivalent education
Mature Student Status with
equivalent assessment and interview
Other prerequisites specific to the program you are applying for will be required
Assessment test and Interview
Please contact us to book an appointment for your assessment
and interview (they are free of
charge). It takes about one hour to
go through the assessment process
and half to one hour to go through the interview, so set aside two hours of your
time for the entire process.
Interest Free Payment Plan
Canadian Business College Diploma program tuition(s) can be paid in monthly installments. We
require an deposit 20% of the tuition fee and the balance may be paid by issuing
postdated cheques or preauthorized credit card payments.
Line of Credit from your financial
Institution
CBC students can apply for private student loans from any financial Institution.
To apply contact the school and arrange to meet with the Financial Aid officer
Sponsorship and Grants
The following organisations may provide assistance or funding
for career training to qualified applicants
- Provincial Government via student loan program's
- MTCU - Employment Insurance (EI) Recipients
- HRDC - Government of Canada
- CIC - Government of Canada
- Registered Education Savings Plan (RESP)
- Taxpayers can withdraw funds from their RRSP's to pay for their own education or
spouse's education
- WSIB (The Workplace Safety and Insurance Board)
- VRS (Vocational Rehabilitation Services)
- Ontario Works for Social Service/Welfare recipients
- Ontario Disability Support Program
- Private Insurance Companies
- Private Corporations
- Non Government organisations (NGO's)
-
Government appointed agents or organisations
 Financial aid may be available
to qualified students
What is Second Career?
Second Career may provide Ontario laid-off
workers with
- skills training to help them
find jobs in high-demand
occupations in Ontario
- 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. Your
contribution to retraining will
depend on your financial situation
and cost of training.
How much aid can I get from OSAP?
As a qualified student at Canadian Business College, you may apply to the Ontario Student
Assistance Program (OSAP) for financial assistance.
In order to apply for financial aid,
you must be a Canadian citizen, hold
permanent resident status or hold
protected person status. Assistance
is awarded in the form of loans
funded by the Federal and Provincial
Governments, Special Bursaries and
Child Care Bursaries. The
Financial Aid Office also
administers the loan. Further
information and on-line application
forms are available from the
Financial Aid Office at each campus.
The maximum amount of aid you can get from OSAP depends on the type and location
of your school and whether you are single, married, or a sole support parent. For
the 2010-2011 academic year, the maximum amount of aid available if you are a full
time student is shown in the table below:
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Weekly Aid Maximum
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If you enrolled and qualify for financial aid
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Single student with no dependants:
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Student who is married, in a common-law relationship or a sole support parent:
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(The loan is required to be paid back after completion of the program)
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$360/week
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$560/week
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* This maximum is funded only by the government of Canada.
Be prepared and bring with you
- Official Proof of I.d. such as Canadian Citizenship Card or Landed Immigration Papers
with Passport
- Driver’s License or other official document with proof of Age & Photo
- Marriage Certificate if applicable (needed if you apply for a Student loan)
- Divorce/Separation Papers if applicable (needed if you apply for a Student loan)
- High School or Postsecondary Diploma and all your educational Diploma's, Degree's,
Transcripts
- Your recent Pay-Stub (needed if you apply for a student loan)
- Low Income Letter /Monthly Budget (If annual income is less than $6200.00)
- MTCU Letter (EI Recipients Only)
- Welfare Stub (Social Assistance Recipients Only)
- $10.00 Cheque or Money Order payable to the Minister of Finance (needed if you apply
for a Student loan)
- $500.00 Registration Fee (Non-refundable)
- A copy of your resume
- To apply goto OSAP | Ontario
and please select Canadian Business College
The Financial Aid Office can also provide you information about
Continuation of Interest Free Status (Schedule 2)
Aiming for the Top Scholarship
Budget
Calculator
General Admission
The general requirements for international students to apply for a program are:
Transcript of the highest education achieved Application Form and Résumé
(Curriculum Vitae) Other prerequisites specific to the program you are applying
for http://www.studytoronto.com/
If you are interested in applying as an International Student the following Link
will provide you the latest Canadian
Government
application process required.
Upon approval of the application, the applicant must pay the application fee of
$500 or 20% of tuition amount before we issue an official Admissions Letter to the
Canadian Government Office to process your student visa application.
For complete information on how to obtain a student visa, please contact the Canadian
Embassy or Consulate of your country.
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