Financial Aid
Financial aid falls under two categories: merit-based and need-based. As a student at NetPLUS College, you have financial assistance from the government and institutions.
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Financial Aid Programs
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OSAP (The Ontario Student Assistance Program)
The Ontario Student Assistance Program (OSAP) is a financial aid program that can help you pay for college.
OSAP offers
funding through:
– Grants:
Money you do not have to pay back.
-A student loan:
Money you need to repay once you are done with school.
This Scholarship
can help you pay for:
- Tuition fee
- Books and equipment
- Fees charged by your institute or school
- Living expenses only for full-time students
- Childcare (for full-time and part-time students with children)
For more information, please visit:
https://www.ontario.ca/page/learn-about-osap.
Other funding options
Employment Ontario
and Better Job Ontario
Employment Ontario helps job seekers, workers, and employers with grants and other public and private sector employment services. You can apply to the Second Career program, which Employment Ontario provides.
Students may qualify for post-secondary education financing through Second Career or other programs managed through Employment Ontario and can take financing support up to $28,000.
For more information, please visit
https://www.ontario.ca/page/second-career
Monthly Payment Plan
NetPLUS College offers monthly installment payments to students experiencing financial difficulties during their studies. Throughout your program, tuition and material costs are divided into interest-free monthly payments.
Please get in touch with our finance department to get more information about Monthly Payments at
Student Line of Credit
Students can apply for student loans from most major banks, and credit unions offer student lines of credit to finance post-secondary education. Please get in touch with your institution about the student loan options.
Lifelong Learning Plan
The Canada Revenue Agency Lifelong Learning Plan (LLP) allows you to withdraw amounts from your RRSPs to finance your education. However, there is some limitation when withdrawing the amount from your LLP account.
For more information, please visit the Canada Revenue Agency website at
www.cra-arc.gc.ca
Out Of Province Students
Financial assistance may be available for out-of-province students who qualify and want to study in Ontario.
To learn more about any financing options available, please visit
https://www.canlearn.ca