Financial Aid

A post-secondary education is a big investment, but don’t let that stop you from investing in your future, there are many payment options available to BizTech College students, to help you invest in yourself. To learn more about the following options, and create your person payment plan, contact a BizTech College Financial Aid Officer.

OSAP
If qualified, students enrolled in a full-time diploma program at BizTech College may be eligible for loans, grants or award grants under the Ontario Student Assistance Program.(OSAP)

Monthly Payment Plan
Tuition and material costs are divided into monthly payments throughout your program. All students are automatically eligible for monthly payment plans with no credit check or co-signer required. The monthly payment plan is interest-free throughout your study period. The first payment is due on first day of classes.

New Immigrant Student Loan Programs
Financial assistance may be available for new immigrant students who qualify. Learn more about the Immigrant Student Loan Program. Some conditions may apply.

Registered Education Savings Plans 
Students who have been named a beneficiary under a family member’s Registered Education Savings Plan (RESP), may use funds from the RESP to finance their education at BizTech. For more information, please contact the financial institution holding the RESP.

Out of Province Students
Financial assistance may be available for out-of-province students who qualify. For a list of provincial offices, please visit the Government of Canada’s CanLearn Website.

Lifelong Learning Plan
The Canada Revenue Agency’s Lifelong Learning Plan (LLP) allows you to withdraw amounts from your RRSP’s to finance your education. For more information visit the Canada Revenue Agency website. You may withdraw up to $10,000 per year to a maximum of $20,000.

Employment Ontario
The Ontario Ministry of Training, Colleges and Universities (MTCU) administers programs, such as Employment Ontario, to assist individuals who are unemployed or who have qualified for Employment Insurance. Students may qualify for postsecondary education financing through Employment Ontario or other programs managed by MTCU.

For more information, speak to a BizTech Financial Aid Officer, visit the Ontario Student Assistance Program (OSAP) website or call Employment Ontario at 1-800-387-5656.

Employer and Union Sponsored Education Programs.
Some employers and unions provide education assistance, and tuition reimbursement, programs for employees and children of employees. Check with your employer or your parent’s employers, to see if they offer any education assistance programs you may qualify for.

Student Lines of Credit
Most major banks and credit unions offer student lines of credit to finance post-secondary education. Please visit your financial institution to find out more information.

Employment Ontario
The Ontario Ministry of Training, Colleges and Universities (MTCU) administers programs, such as Employment Ontario, to assist individuals who are unemployed or who have qualified for Employment Insurance. Students may qualify for postsecondary education financing through Employment Ontario or other programs managed by MTCU.