Financial Aid

Education is one of the most important investments in life. “Can I afford it?” is a question frequently asked by our students. We will be happy to help you review your options to finance your future.

Financial Aid Options

Anderson College knows first-hand how stressful and frightening it can be to establish a career in a new country or to build a career in a country you’ve spent years in. Whether you’ve selected the program or are just beginning your research of what Anderson College offers for some students, the financial aspect of paying for school can seem daunting.

After being partner to thousands of students as they transitioned from student to success story, we can say with confidence that your career and your future are absolutely worth the investment and you can afford it.

We want to make the financial part of this process as easy to navigate as possible, so you can get to start-date and then graduation day. We’ve laid out some of the details that can help you below, or feel free to contact us directly and a member of our team will be happy to help you understand your options.

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Funding Your Education

Pick the path that matches how you'd like to fund your studies. Each option links directly to full details.

Funding & Loan Options

College Interest-Free Financing

Anderson College provides interest-free financing for self-funded students. For more information, please contact us and speak to one of our advisors.

Government Student Loans Ontario Student Assistance Program (OSAP)

Financial assistance may be available to those who qualify. Please visit www.osap.gov.on.ca or contact us and we will help you navigate the information on the government website.

Visit OSAP

ESDC

The Government of Canada is helping to create an educated, skilled, and flexible workforce. They are investing in programs that help individuals and businesses succeed in today’s economy and prepare for the jobs of the future. For more information on this funding option, please contact us and speak to one of our advisors.

Registered Education Savings Plans (RESP)

Students who have been named a beneficiary under a family members’ Registered Education Savings Plan (RESP), may use funds from the RESP to finance their education.

Lifelong Learning Plan

The Lifelong Learning Plan (LLP) allows you to withdraw from your RRSPs to finance full-time training or education for you or your spouse or common-law partner. For more information, please visit this link.

Visit Canada.ca

Ontario Job Grant

The Ontario Job Grant provides an opportunity for employers to invest in their workforce with help from the government.

  • The Job Grant provides direct financial support to individual employers who wish to purchase training for their employees. It’s available to small, medium, and large businesses with a plan to deliver short-term training to existing and new employees, and will: Provide up to $10,000 in government support per person for training costs.
  • Require employers to contribute one-third of the total costs. There is additional flexibility for small businesses to provide an in-kind contribution towards their share of the costs.
  • Require training delivered by an eligible, third-party trainer.
Read full program details on Ontario.ca

If you’re an employer who needs to provide training for your employees, or an employee who wishes to inform your employer of the job grant and get training while employed, contact us to learn more. Applications are accepted on an ongoing basis and we will be happy to guide you through the process.

Bank Solutions

Most Canadian banks and credit unions offer student loans or lines of credit to finance your education. Visit your bank or select one below for more information.

Want Help Navigating All the Options?

No need to do it alone. Contact a member of our Admissions team and we’ll work with you to match your interests and goals to a program and walk you through the steps that lead to start-day and career success.

Anderson College — Celebrating 140+ Years

Anderson College is one of Canada's oldest colleges, having opened our first location in 1885. We have trained more than 150,000 students over a 140-year history, and have been an empowering partner for students overcoming career challenges and transitioning to the next phase of their lives.

With ten locations in Ontario, we are recognized for our high-calibre faculty, hands-on, real-life career training and supportive culture. At Anderson College, we are more than our century-old history, our programs and state-of-the-art facilities; we are a team of caring individuals, deeply committed to helping our students become skillful, confident and in-demand employees.

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