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Financial Aid

Funding options for your education

The decision to invest in your 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 not sure how to finance your education, we can help you on selecting the most suitable funding option for your education. The links below will provide some information on these options. For detailed information please contact us and speak with a qualified advisor.

Funding links:

College Interest-Free Funding

Anderson College provides interest free financing for self-funded students. For more information please contact us and speak to one of our advisors.

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Bank Solutions

Most Canadian banks and credit unions offer student loan or lines of credit to finance your education. Please visit your bank or go to the following link to find out more information.
For more information on these funding options please contact us and speak to one of our advisors.

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Government Student Loans

Financial Assistance May be Available to Those Who Qualify.

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 ESDC

The Government of Canada is helping to create an educated, skilled and flexible workforce by investing in programs that help individuals and businesses succeed in today’s economy and prepare for the jobs of the future.

For more information on this funding option, please contact us and speak to one of our advisors.

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Second Career

What Is Second Career Funding?

Laid off? Looking for a new career? Second Career is an education funding available for recently laid-off unemployed workers for which long-term skills training is the most appropriate intervention to transition them into high-skill, demand occupations in the local labour market. Recently laid-off unemployed workers can be active EI claimants, EI Reachback or non-EI eligible.

Based on your eligibility, Anderson College will assist you to get into this program so you will be able to:

  • Train for a new career in the health care field
  • Find out what is needed in the job market
  • Learn about careers that build on your skills
  • Get financial support
How can it help you?
Second Career helps people get the training or education they need to get a good career. It provides financial assistance to pay for tuition and supporting expenses such as:
  • Books
  • Living expenses
  • Help caring for dependents
  • Travel & transportation
  • Disability supports
  • Other living and training costs
How does it work?
Second Career starts with a visit to an employment assessment center.  An employment counsellor will talk to you about your goals, and the kind of help you need. If Second Career is the right choice, the counsellor will help you prepare a training plan and apply for Second Career.
What will the counsellor need to know?
Your counsellor will want to know about:
  • Your work history
  • Your education and training
  • Your skills
  • Your interests
This will help you and your counsellor think about the kinds of careers you would enjoy and be successful at.
What should I do now?
If you think Second Career might be right for you, please contact us and speak to one of our advisors.

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Registered Education Savings Plans

Students who have been named a beneficiary under a family members Registered Education Savings Plan (RESP), may use funds from the RESP to finance their education.
 

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Lifelong Learning Plan

The Lifelong Learning Plan (LLP) allows you to withdraw amounts from your RRSPs to finance full-time training or education for you or your spouse or common-law partner.  For more information, please go to the following link: http://www.cra-arc.gc.ca/tx/ndvdls/tpcs/rrsp-reer/llp-reep/menu-eng.html

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Canada Job Grant

The Canada-Ontario Job Grant  (C.O.J.G.) provides an opportunity for employers to invest in their workforce with help from the government.

The Job Grant will provide direct financial support to individual employers who wish to purchase training for their employees. It will be available to small, medium and large businesses with a plan to deliver short-term training to existing and new employees, and will:

  • Provide up to $10,000 in government support per person for training costs.
  • Require employers to contribute one-third of the total costs. There will be additional flexibility for small businesses to provide an in-kind contribution towards their share of the costs.
  • Require training to be delivered by an eligible, third-party trainer.

If you’re an employer with a particular skills demand, the Canada-Ontario Job Grant might be right for you. Applications will be accepted on an ongoing basis.

The Job Grant will provide direct financial support to individual employers who wish to purchase training for their employees. To learn more about the Job Grant, contact us at the earliest.

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FAQ’s

  • You can call us at 416-466-6107 and speak to someone directly. We can arrange the tour while on the phone with you!
  • You can send us an email with your contact information, as well as any questions you’d like answered before your tour.
  • You can stop by any of our campuses and speak to someone in person to set up the appointment for your tour.
Take a moment to read some of our Student Testimonials to read first-hand accounts of the support and encouragement students received from our caring instructors and staff. You’ll be glad you took the time to visit us!
Yes, while we cannot guarantee a job, we are committed to help you. We provide placement assistance upon graduation that will help you look for jobs.
We provide English language lessons that will help you develop your English skills, these lessons are free for our students.