Financial Aid
The decision to invest in 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 looking for advice on your education financing, we can help with a variety of options that will assist you in upgrading your skills and building your career future.
Our trained and professional Student Services staff are on hand to answer all your questions. Below you will find a description of most options available to assist you. In addition to this list, there may be other programs where Financial assistance may be available for those who qualify, so be sure to ask our Financial Aid Officer about ALL your financial aid options when you come to visit.
ONTARIO STUDENT ASSISTANCE PROGRAM (OSAP)
OSAP is a program funded by the provincial and federal governments. OSAP provides eligible Ontario residents with financial assistance to help pay for their education-related costs such as tuition, books, lab supplies, living costs, transportation and additional support may be available to accommodate the needs of people with special needs and dependent children. Financial aid can come in many forms, including loans, grants, bursaries, repayment assistance and debt reduction.
For more information and to apply on-line, just log onto the OSAP website at www.ontario.ca/osap and complete the web application.
Contact our Academy of Learning Career College Financial Aid Administrators for more information.
INJURED WORKERS
Academy of Learning Career College’s Integrated Learning System works exceptionally well for people transitioning into a new career as a result of personal injury. Working around important medical appointments and ergonomic accommodations are just a couple of benefits you will receive. Depending on your circumstances, there are programs available to assist Injured Workers with funding to participate in occupationally focused educational programs. Please contact one of our Admissions Counselors for further details.
SISIP FS
SISIP Financial Services handles the delivery of term life and long-term disability insurance and vocational rehabilitation for the Canadian Forces. SISIP FS also provides other products and services such as financial planning, free financial counselling and access to loans and grants from the Canadian Forces Personnel Assistance Fund, among others. You can visit them at SISIP Financial
ABORIGINAL/FIRST NATIONS
If you are a registered Status Indian or Inuit (residing on or off the reserve) and plan on going back to school, you may be eligible for funding for your post-secondary studies. For more information visit Indigenous Services Canada
Information is also available through local community agencies, like Kagita Mikam
BANK SOLUTIONS
Please talk to your bank for more information.
Bank of Montreal – Student Line of Credit
https://www.bmo.com/main/personal/loans-line-of-credit/student-borrowing/student-line-of-credit/
TD Canada Trust Student Line of Credit
https://www.td.com/ca/en/personal-banking/products/borrowing/lines-of-credit/student-line-of-credit/
Royal Credit Line for Students
https://www.rbcroyalbank.com/personal-loans/student-line-of-credit.html
ACADEMY OF LEARNING INTEREST FREE FINANCING
Academy of Learning College provides interest free financing if you have no other options available. For more information please call us at (613) 544-8973 or contact us and speak with a qualified Financial Aid Administrator.
EMPLOYMENT ONTARIO
Second Careers is administered by the Ontario Ministry of Training, Colleges and Universities (MTCU) which helps laid-off workers train for a new career. If you were laid off any time after January 01, 2005, you are eligible to apply, even if you have taken an interim job to make ends meet. If you qualify, funding is available to support the cost of tuition, books, daycare, transportation and a basic living allowance. To learn more, contact one of the following Employment Ontario agencies serving the greater Kingston area:
KEYS Job Centre
KEYS Job Centre is a community-based centre with expertise in employment and employment related services.
ACFOMI
ACFOMI is a non-profit organization funded by the Ministry of Training, Colleges and Universities (MTCU). ACFOMI provides excellent employment services for the job seeker and employers in both official languages.
ReStart
ReStart’s mission is to help people prepare for, find and keep employment.
St. Lawrence Employment Centres
St. Lawrence College Employment Service offers a variety of employment services to both job seekers and employers.
CAN VET VR SERVICES
In most cases, the Rehabilitation Program will be provided to you through a network of local experts. Services can be used alone or together, depending on what you need. Your Veterans Affairs Canada Case Manager will work with you and your family to help you determine what you need and how to access the services. Visit March of Dimes Canada
LIFELONG LEARNING PLAN
The Lifelong Leaning Plan (LLP) allows you to withdraw money from your RRSPs to finance your education or that of your spouse or common law partner. You can withdraw up to $10,000 per year, up to a total maximum of $20,000. More information is available at Service Canada
REGISTERED EDUCATION SAVINGS PLANS
A student who is named under a family’s Registered Education Savings Plan may use these funds to cover the costs of education at an eligible post-secondary institution such as Academy of Learning College. Detailed information is available at CRA
HUMAN RESOURCES DEVELOPMENT CANADA
Human Resources Development Canada, HRDC, has a number of programs, for eligible clients, contemplating specialized career training. Individuals who meet their criteria may be eligible for funding to attend the Academy of Learning.
It is necessary to consult a HRDC representative to explore relevant funding options available to you.
