| Financing Solutions
We want to help you succeed in your career choice
Getting a good education is one of the most important decisions you can make in
your lifetime. At TeachCenter.com, we believe that you can achieve your career goals through
proper planning and assistance, and the cost of this education can be a fraction
of the salary potential you can expect to make as an IT professional.
TeachCenter.com Financial Aid Officers are available to assist students, who have met TeachCenter.com
admission requirements, in completing necessary documentation and aid in
financial planning. Find out how we can assist you in exploring the very best way
to help you make your higher education goals a reality.
Self Payment Plan
Banking Options
Public Sponsorship
Government Student Loans
Canada Student Loans
TeachCenter.com EDULEASE Financing
Lifelong Learning Plan
Self Payment Plan
The self payment plan is one of the most cost effective means to pay for your
education. The benefit of this plan is that you will be eliminating all bank and
interest charges.
TeachCenter.com requires that 25% of the course fee is paid prior to your course start date.
A flexible payment plan can be arranged to suit your needs. Payments can be
made by, postdated cheques, visa, certified cheques, or by cash.
Back to Top
Banking Options
In addition to any lending options your current financial institution may offer, TeachCenter.com
has developed partnerships with the Bank of Montreal and TD Greenlight
Financial. As each institution has its own criteria, requirements and interest
rates, it is advisable to investigate all your options before you make your final choice.
Bank of Montreal - Brain Money http://www.bmo.com/BrainMoney/applyfr_new.html
TD Greenlight Financial http://www.tdbank.com/
Back to Top
Public Sponsorship
Sponsorship generally means that the student's fees are to be paid for by the
sponsoring agency. Students may receive living allowances and / or book costs as well.
Typical sponsor agencies would be the Department of Indian and Northern Affairs,
Vocational Rehabilitation Services (Ministry of Community and Social Services)
and Workplace Safety and Insurance Board (WSIB)
If you are currently receiving employment insurance benefits, you may qualify for
various types of government support while attending school.
Students who wish to apply for governmental sponsorship must contac the
agency involved and request that authorization for sponsorship.
The application process for funding varies from agency to agency. If you require
further information, please contact a TeachCenter.com College of Information Financial Aid
Officer for assistance.
Back to Top
Government Student Loans
The Ontario Student Assistance Program, or OSAP, has a number of plans to
help you meet the cost of full-time post secondary studies.
The amount of funds that may be approved by OSAP may not cover the entire
cost of your tuition. OSAP is intended to assist you in meeting your education
costs, it does not replace your own financial contribution.
To apply for OSAP, you must be a Canadian Citizen or a permanent resident of
Canada. You must also have a Social Insurance Number for your application to be
processed.
For more information, visit http://osap.gov.on.com
Back to Top
Canada Student Loans http://osap.gov.on.com
The Canada Student Loan and the Ontario Student Loan offers you the benefits of
an interest-free loan while you are in school.
Back to Top
TeachCenter.com EDULEASE Financing
An Innovative Alternative
TeachCenter.com makes it easy for everyone to advance their education. You can see this
option as an opportunity to use your new career earnings as the income source to
pay back your training investments.
This innovative financing program is sponsored by TeachCenter.com and is geared towards the
student without the strong established credit rating necessary to obtain traditional
financing from the established banking institutions.
An initial downpayment may be required from the student and will be assessed on
an individual basis.
Pending credit approval of your application, you will have low weekly payments
and a 2-year payback period through pre-authorized payment approval (automatic
deducation of amount from your chequing account).
If you choose to apply for TeachCenter.com Edulease financing, you can expect a decision
within 24 hours of submission.
Back to Top
Lifelong learning Plan (LLP)
The LLP allows you to withdraw a maximum of $10,000 per year from your RRSP
to pay for your education. Withdrawal of the money from the RRSP will have no
tax implications. The amount withdrawn must be paid back over a 10-year period.
Back to Top
|
