Ontario College of Business & Technology Financial Support programs
We at Ontario College of business and Technology believe that a researched investment in education can never go wrong.
We see ourselves as a pathway for your successful education with a promise of not letting your financial circumstances hinder your career choice. With several financial aid options available, a commitment to economic diversity, and a range of tools and resources, our financial aid representatives will make sure nothing stands in the way of your learning journey at Ontario College of Business & Technology.
For the duration and post completion of your studies at Ontario College of Business & Technology, our Financial Aid Officer will assist you in accessing various financial aid & options, help you pay for tuition and other expenses, and provide other support services as needed. It is our goal to make the financial aid application process simple and fruitful.
Our Financial Aid Team supports students to apply for, receive grants, loans, government funding, and other financial assistance programs listed below.
Ontario Student Assistance Program (OSAP)
Financial assistance may be available for those who qualify. For more information, have a look at OSAP website or contact one of our Financial Aid Officers to get further details.
Monthly Payment Plan
We understand that managing educational expenses and living cost away from home can be very challenging.
Therefore, we offer our students a convenient monthly plan that suits their circumstances. Tuition and material costs are divided into easy monthly payments throughout the program duration during which time payments are interest free.
All students are automatically eligible for monthly payment plans without any credit check or co-signor needed.
Other Financing Options
Ontario College of Business & Technology’s students can apply for private student loans from any financial institution. Please visit your financial institution to find out more information.
Government programs such as Employment Ontario assist individuals who are unemployed or who are eligible to receive Employment Insurance (EI). Students may qualify for post-secondary education financing for up to $28,000 through Employment Ontario or other programs. Second Career funding may be used to pay for things like tuition, accommodation, materials and transport and is non-reimbursable.
Prepare your resume and keep records of your job searches and applications
The Lifelong Learning Plan (LLP) allows you to withdraw amounts from your registered retirement savings plan (RRSPs) to finance full-time training or education for you or your spouse or common-law partner. You cannot participate in the LLP to finance your children's training or education, or the training or education of your spouse's or common-law partner's children.
A Registered Education Savings Plan (RESP) is an investment vehicle available to parents in Canada to save for their children's post-secondary education. If your parents had contributed to a RESP in your name, you may use these funds to finance your studies.
The Ontario Disability Support Program (ODSP) offers help to recipients with finding and keeping a job and advancing their career.
Ontario Works helps recipients access special training or skills to do a job.
Some employers and unions offer training programs for their employees through grants such as the Canada Ontario Job Grant. Find out with your employer or union if they offer education assistance or tuition reimbursement programs.
OSAP Reminder
This is a gentle reminder to all students to frequently check your online message centre on the OSAP portal as well as any communications from the National Student Loan Service Centre. Please remember that you are responsible for staying up to date with your OSAP application
For any further questions or more information, please contact Manager, Financial Aid Office