Financing Your Degree
Ontario Student Assistance Program (OSAP)
The Ontario Student Assistance Program (OSAP) provides grants and loans that help eligible Ontario residents to finance their educations. Visit the OSAP website to learn more and apply. You can also watch this video introduction to the OSAP application process. If you have questions about OSAP, please contact [email protected]
Lifelong Learning Plan
Students can also consider financing their degree through the Lifelong Learning Plan, an initiative of the Canadian federal government intended to encourage higher education and training. The LLP allows you to withdraw up to $10,000 a year from your registered retirement savings plan to finance training or education for you or your spouse or common-law partner.
MPOWER Financing provides scholarships and fixed-rate, no-cosigner loans up to US$100,000 (approximately C$130,000) to high-promise students from around the world. Visit their website, call +1-647-503-4607, or email.
Prodigy Finance offers loans for international graduate students up to the full cost of program attendance without the requirement of a co-signer or collateral.
Students whose existing academic credentials were earned outside of Canada may be eligible for a student loan of up to $15,000 CDN through Windmill Microlending, a non-profit charity. To find out whether you are eligible to apply for this financing option, see Windmill’s brief Eligibility Quiz or call toll-free at 1-855-423-2262.