A1-Global College – Ontario career college – Hamilton|Scarborough|Missisauga
Financial Aid
A1 Global college helps bridge the facility for eligible students to avail grants, bursaries and scholarships through various sources listed below. This aid facilitates the student to learn with ease of major financial support and flexibility of paying back in case it is taken along with study loan.
Please scroll down to look out for the option that suits you best. Kindly fill out the form below for our team to guide you through the process.
A concise description of these options is outlined here:
Ontario Financial Aid
For Ontario students wishing to apply for financial aid please visit the OSAP website here
Visit Ontario Govt Website
Financial Assistance may be available to those who qualify.
Interest-free payment plan
The total cost of the course (including tuition, books, and materials) is spread into monthly payments. An initial deposit of 25% is due before the program of study starts and the balance is divided into equal monthly installments during the length of the course. The final installment is due one month prior to the completion of the program.
Better Jobs Ontario (Formerly known as Second Career)
The Second Career strategy launched by the Ontario Ministry of Training, Colleges and Universities pays for the training or education that Ontarians require to get a better job.
It provides financial help up to $28,000, or more in some cases, to pay for: » Tuition » Living Expenses » Help caring for dependents » Travel » Transportation » Disability supports » Other living and training costs » Books
Student line of credit
A student line of credit is a flexible way to fund your education. Unlike traditional student loans where you get a lump sum, a line of credit allows you to borrow funds up to a pre-set limit, as and when you need them.
Most banks and Credit Unions in Ontario offer customized Student Lines of Credit so you can get the help you need to cover the cost of tuition, books, materials, and even living expenses. A Bank Line of Credit can give you access to the money you need when you need it. Full or part-time students officially enrolled in the college can apply for this option.
Lifelong Learning Plan (LLP)
Delivered by Canada Revenue Agency (CRA), the Lifelong Learning Plan (LLP) allows individuals to withdraw funds from their Registered Retirement Savings Plan (RRSP) to finance training or education for themselves or their spouse or common-law partner.
A1 Global College is committed to supporting the continued education of our students. One of the avenues available to finance this education is through the Lifelong Learning Plan offered by the Canada Revenue Agency (CRA).
REGISTERED EDUCATION SAVINGS PLANS (RESP)
A Registered Education Savings Plan (RESP) is a contract between an individual who is the subscriber, and a person or organization, who is the promoter. The subscriber makes contributions to the RESP, which earns income. The subscriber names one or more beneficiaries and agrees to make contributions for them. Students who have been accepted to a program at A1-GLOBAL COLLEGE and are named beneficiaries under a family Registered Education Savings Plan, may use the funds from the RESP to finance their education.