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 personal payment plan, contact a BizTech College Financial Aid Officer.
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 the first day of classes.
New Immigrant Student Loan Programs
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.
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.
Lifelong Learning Plan
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.
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.