Financial Aid

FINANCIAL AID

Your post-secondary education is a big investment.
Whatever may be your financial situation, we will strive to find a solution.

Financial-Aid-1 Financial-Aid-02

Before you start your program, we can help you to explore the different financing options available to you matching your situation and needs. You may receive the funding for your post-secondary or continuing education from any of the resources outlined below.

NATIONAL INSTITUTE’S 0% INTEREST FUNDING

National Institute provides 0% interest financing (interest-free payment and plan) to you if you have no other option available to you. All students are eligible for opting our funding without any credit check and co-signor requirements. For more information please Call us now at 905 463 2006 to speak with your Financial Aid Advisor.

STUDENT LINES OF CREDIT

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:

We can help you with any document that your financial institution may need from us.


CANADA REVENUE AGENCY’S LIFELONG LEARNING PLAN

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


REGISTERED EDUCATION SAVING PLAN (RESP)

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


SECOND CAREER ONTARIO

If you are laid off and 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


OUT OF PROVINCE STUDENTS

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.


EMPLOYER REIMBURSEMENT

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.


EMPLOYMENT INSURANCE (EI)


WORKPLACE SAFETY AND INSURANCE BOARD (WSIB)

Workplace Safety and Insurance Board (WSIB)

Payment Methods

National Institute welcomes the following methods of payment:

  • Pre-authorized Bank Withdrawal
  • Pre-authorized Credit Card Payments
  • All major Credit Cards: Visa & MasterCard
  • Debit Cards
  • Cheques, Bank Drafts or Certified Cheques, Money Orders and Cash

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