Colleges, Universities and Institutes, Evaluating Educational Credentials...
New Immigrant - PR card holder in Ontario
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Smokinflames Posts: 1
Posted On: 6/17/2016
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Hello Everyone,
I am a new Immigrant to Ontario and have a PR. I hold a Bachelors degree in Finance from the UK and 3+ years of Professional experience in Corporate finance.
I would like to learn about any Loan programs by the Ontario government for an MBA or Masters in Finance (1 year degree).
Are newcomers eligible for a Loan for Masters degree?
Thanks.
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Moderator Moderator Posts: 4075
Posted On: 6/21/2016
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Hello,
Thank you for sharing your situation and question with us.
We can appreciate that you would be interested in this type of information.
You can find some information regarding what type of loans are available in our Settlement.Org Who is eligible for the Ontario Student Assistance Program (OSAP)? and What kinds of financial help can I get for my education? articles.
You can also find some additional information in this Who’s considered an Ontario resident for OSAP purposes? FAQ.
Here is an excerpt,
To get OSAP for full-time students:
- you need to have always lived in Ontario or
- Ontario is the last province you lived in for 12 months in a row without being a full-time postsecondary student
- you live in Ontario now AND have lived in Canada for less than 12 months in a row
Regarding OSAP, you may want to contact the Student Financial Assistance Branch for some additional information.
I hope this information is helpful. Please let us know if you have further questions and if there is any follow up to your question/situation.
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Anna
Settlement.Org Content and Information/Referral Specialist, CIRS
Settlement.Org
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