Achev Career Loans for Alberta and Saskatchewan Students
The Achev career loans provides career counselling and microloans to internationally trained professionals in Alberta and Saskatchewan.
For more information on the Achev career loans, visit their website.
Bredin Centre’s Servus-Bredin Microloans for Alberta Professional Newcomers
The Servus-Bredin microloan program provided internationally educated professionals in Alberta with low-interest microloans of up to $15,000 to support with the costs related to pursuing Canadian licensing or training. It includes education and training programs of two years or less and English language training.
For more information on the Servus-Bredin microloan program, visit their website.
Canadian Banks
Most Canadian banks offer student financial assistance dependent on credit checks and financial situation.
ATB Professional Students Line of Credit offers flexible options for students enrolled in Professional study.
TD Student Line of Credit offers flexible options which provide financial assistance that can help to pay for tuition fees, books and living expenses.
Recognition Counts for Manitoba Students
Recognition Counts is a program that provides support to skilled immigrants wishing to work in their fields of expertise or alternative career in Manitoba.
The program offers financial counselling, as well as the opportunity to apply for a loan of up to $15,000 with Assiniboine Credit Union, to help with the cost of having qualifications recognized in Manitoba and obtaining employment in a profession or trade.
For more information on Recognition Counts, visit their website.
Windmill Microlending
Provides low-interest microloans to immigrants and refugees to help them pay for the costs of obtaining the licensing or training they require to work in their field in Canada. Windmill Microlending, a registered charity, is a flexible and affordable option to help students pay for their Practice Readiness Education Program (PREP) tuition fees and can even cover some living expenses that will make it possible to participate in the program.
With Windmill Microlending, students do not have to start repaying the principal until after they have completed PREP, and the interest rate is Prime + 1.5%.
If you are a Convention Refugee or Protected Person who has received their Notice of Decision within the last 3 years, you are eligible for Windmill’s interest-free Refugee Loan Program.
For more information on Windmill Microlending’s assistance, visit their website and FAQ page.