Grants and Funding Programs
Are you considering starting a new career? Whether you were laid off, or are just looking to make a change, here are some available funding options you might qualify for.
The Second Career program offered through the Ministry of Training Colleges and Universities.
Have you been laid off and not currently working or laid off and working a temporary job to cover costs?
You may qualify for second career funding where you can get the financial support to return to school. In order to see if you qualify, or how much funding you may be eligible to receive please contact your local Employment Resource center to get the application started (each student situation in unique and amounts will vary depending on the situation you are in).
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CANADA ONTARIO JOB GRANT (COJG)
Would your employer benefit from you have you AZ or DZ license? If so, then the Canada Ontario Job Grant may be the best options for you. Employers can receive up to $10,000 in government support per person for training costs.
Your employer can apply directly online at: http://www.tcu.gov.on.ca/eng/eopg/cojg/ or contact your local employment Resource center to help you with he application
STUDENT LINE OF CREDIT
The interest rates on student lines of credit may be lower than the rates offered on government student loans. Please contact your preferred financial institution for further details and to see if you may qualify.
FIRST NATIONS OR METIS
Do you have status through a First Nation or Metis? You can contact your band office to see if there may be funding available to you.
FUNDING FOR PERSONS WITH DISABILITIES
If you have a disability you may want to speak with your local employment centre or get into contact with Ontario March Of Dimes for funding options that may be available to you.
HAVE YOU BEEN EMPLOYED BY THE CANDIAN ARMED FORCES?
Canvet for those who have been injured during their service may be available or SISIP for individuals who have completed their service.
Contact your local employment center or visit a Service Canada location to obtain further information on funding through the Skills Link Program.
We always try our best to find a funding or financing option that works for you, come and see us to discuss!
- Registered Education Savings Plan
- Registered Retirement Savings plan
- Credit Card
- Family or friends willing to help with funding
Remember that the program is 100% tax deductible, You can claim it on your taxes and receive a good portion back at income tax time, this can go a long way at paying back a loan, family member or friend.