There are a number of options available to you when it comes to financing your education at Centre for Arts and Technology. Learn more about each of them below, and visit our Student Loan page for more information on government and private student loans. If you have any questions or would like to discuss any of the options about paying for your education, feel free to contact a Financial Advisor at the school: 1.866.860.2787.
Centre for Arts and Technology Financial Assistance
Subject to credit approval by Centre for Arts and Technology’s Financial Services Department, payment plans are available in many circumstances. With all payment plans, 100% of tuition must be paid prior to completion of the program. At some campuses, payment plans may be subject to a financing fee. To discuss setting up a payment plan, please speak to a Financial Advisor for more information.
External Scholarships, Bursaries, and Grants
Valley First Financial offers scholarships to aspiring students. Check out their scholarships HERE.
To assist with your search for external funding, StudentAwards.com provides a unique service that matches awards with eligible candidates and institutions. This is a great way to start your search for additional financial support. Membership is free and you can choose to receive updates of new awards via email.
Scholarships Canada is another comprehensive scholarship portal that includes a database of scholarships, student awards, bursaries, and grants, as well as information about student loans, applications, and budget planning.
Passport to Education
While the Passport to Education program has been phased out by the BC Ministry of Education, students who have already received the stamps can still redeem them at Centre for Arts and Technology by mailing them in or dropping them off. For more information on this program please see Government of BC’s website on the topic.
Government of Canada
Lifelong Learning Plan (LLP)
The LLP allows eligible students to withdraw up to $10,000 per year, tax-free, (up to $20,000 over a four-year period) from their RRSP. Withdrawals are repayable over 10 years. For details about the plan and eligibility requirements, visit the Revenue Canada website, and read the Lifelong Learning Plan (LLP) Guide.
Registered Education Savings Plan (RESP)
RESP’s are Registered Education Savings Plans that permit savings to grow tax-free until the beneficiary is ready to enroll into a recognized post-secondary institution on a full-time basis. Contributions to all RESP’s are subject to a lifetime maximum of $42,000. Having an RESP also allows you to apply for the Canadian Education Savings Grant (CESG).
Canada Education Savings Grant (CESG)
The CESG is a Government of Canada grant paid directly into the beneficiary’s RESP to a limit of $7,200. Click here for more information.
Aboriginal Affairs and Northern Development Canada provides financial assistance to Status Indian and Inuit students for tuition, transportation, and living expense support through the Post-Secondary Student Support Program (PSSSP).
Indspire is a nationally registered nonprofit organization that also provides career information and post secondary awards to First Nation, Inuit and Métis students. Indspire Scholarships, Awards, and Bursaries.
Rehabilitation, Retraining, and Educational Upgrading
In BC, some individuals may qualify for assistance through Worksafe BC. Worksafe BC may help with rehabilitation, retraining, and educational upgrading. Visit www.worksafebc.com for more information.
The Insurance Corporation of British Columbia (ICBC) also offers retraining programs. Interested applicants should contact the ICBC Rehabilitation Coordinator directly. Additional information is available at www.icbc.com.
Applicants who are currently receiving Employment Insurance (EI) benefits or who have received benefits in the past may qualify for financial assistance through Service Canada. Please visit Service Canada’s website for more information: www.servicecanada.gc.ca.
Students with Disabilities
For applicants with disabilities, training funding may be available through Maximus Canada Employment Service Inc. More information: www.maximusworkbc.ca.
The Government of Canada also provides financial assistance to students with permanent disabilities. Go to: Financial Assistance for Students with Permanent Disabilities.
Centre for Arts and Technology is pleased to announce that you can now pay for your tuition with Aeroplan miles. There is no limit on how many Aeroplan miles you use towards your tuition, so ask your family and friends to donate their miles to help fund your schooling! More information can be found on the Aeroplan website or the Higher Ed Points website.