Financial Aid: Making Education Accessible for Every Student
Pursuing higher education can come with financial challenges. You deserve to follow your dreams, regardless of your financial situation. So, you need not worry. We, at Peel College of Professional Studies, are committed to supporting our students in their educational journey in all possible ways.
Peel College of Professional Studies offers a range of financial aid options to help you share the burden of tuition fees and other related expenses. Our team works closely with you and suggests you the best options that suit your needs ensuring that you can achieve your educational goals.
Embark on a transformative educational experience confidently with the help of financial aid. We are here to support you at every step.
Better Jobs Ontario (previously known as Second Career)
Better Jobs Ontario is a government initiative. This program is designed to assist laid-off workers in the province by offering skills training and financial support. The program aims to help these individuals acquire the necessary skills and qualifications to secure employment in high-demand occupations within Ontario.
How does it work?
Eligible applicants can receive financial help with books, tuition fees, transportation, basic living allowance, and other expenses related to their education.
The Ministry of Colleges and Universities (MCU) offers you up to $28,000 if you are eligible for the program to cover the cost of the following:
- Tuition
- Institutional costs
- Books
- Basic living allowance
- Transportation
The amount you receive depends on your individual needs and the available funding.
Additional funding may be available for:
- Childcare
- Living away from home
- Literacy and Basic Skills (LBS) and/or language training
- Disability-related supports
The educational course must not exceed two years in duration and should lead to a career path. Besides, it should also allow the students to follow a year of academic upgrading if needed.
Who is eligible for Better Jobs Ontario?
You must meet the following criteria to be eligible for Better Jobs Ontario:
- Have experienced a lay-off and are currently without employment
- Come from low-income households and are facing challenges in connecting with the job market
- A Canadian citizen or permanent resident or a convention refugee claimant who fulfills the requirements
- A resident of Ontario
- Demonstrate that there is a demand for the occupation you seek training in within the labour market.
These requirements outline the qualifications necessary to participate in the Better Jobs Ontario program. For precise and up-to-date information, you are recommended to consult the official sources or contact an Employment Advisor for accurate guidance on eligibility.
Tap into Better Jobs Ontario & Back to Workforce
You can reach out to our helpful Admission Officers for personalized assistance and guidance with your application for Better Jobs Ontario funding. They are ready to discuss your career goals, provide comprehensive information, and support you throughout the application process.
If you have any questions or need further assistance, you can also call us at +1 (289) 633-3772 or write to us at [email protected].
More information can also be found by clicking the link below:
Creating Opportunities, Fostering Inclusion
Since 1995, Abilities to Work has been a trusted provider of candidate recruitment and selection services for employers. With a focus on addressing the challenges faced by employers due to the shortage of skilled labor, they offer specialized programs and services. Their expertise lies in assisting businesses to tap into an untapped and highly skilled labor pool. Abilities to Work is dedicated to working with individuals from diverse backgrounds, including persons with disabilities, visible minorities, and marginalized communities. Through their inclusive approach, they strive to bridge the gap and create opportunities for these individuals to thrive in the workforce.
This collaboration aims to offer funding opportunities to individuals who self-identify as having a disability, which may include a range of conditions such as mental health issues (anxiety, depression, and stress), cognitive challenges, learning challenges, intellectual challenges, physical disabilities, and more.
Peel College will provide training programs for its clients to make them employable or for upskilling. Peel College looks forward to contributing to the community through this partnership. The aim is to develop people’s abilities so that they can participate in the workforce on an equal footing and contribute to the diversity and the equitable nature of our multicultural community.
Eligibility Criteria for Participants
To be eligible for the funding via Abilities to Work, you must meet the following criteria:
- Minimum age requirement: 15 years and older
- Canadian Citizen or Permanent Resident
- Legal entitlement to work in Canada
- Not received Employment Insurance (EI) in the past 3-5 years (Work Readiness Program) or no specific EI conditions (Employment Ontario program)
- Flexibility in terms of campus location or delivery, class times, and days of the week
- Willingness to work in competitive employment
Funding Amount
We are pleased to offer funding opportunities to support your educational journey. Eligible students have the potential to receive up to $3750.00 to assist with their tuition expenses. The funding amount is determined based on your eligibility and the suitability of program requirements. We understand the importance of having the necessary resources, and that's why the funding may also cover expenses such as books, uniforms, as well as First Aid and CPR training. Our goal is to ensure that you have the financial support needed to succeed in your chosen program and excel in your academic pursuits.
How to Access ATW Funding
For more information, speak to our Admissions Officer at Peel College of Professional Studies. We will first help you decide which career path might be right for you. Next, we will set up an Intake Appointment for you to meet with a coordinator at Abilities to Work. You can undergo a disability assessment and receive a funding determination within a short period by connecting with an Abilities to Work Coordinator. The streamlined process ensures quick access to the necessary financial support.
Call us at +1 (289) 633-3772 or write to us at [email protected] if you have any further questions.
Request information!
Achēv actively facilitates the provision of financial loans to Internationally Trained Individuals, enabling them to kick-start their careers in Canada, in partnership with Meridian Credit Union. This program is funded by the Government of Canada's Foreign Credential Recognition Program empowering eligible students at Peel College of Professional Studies by assisting them with their education and training expenses. Through this collaboration, Achēv and Meridian Credit Union actively work together to ensure that individuals have access to the necessary financial resources to pursue their education and establish themselves in their desired career paths within Canada.
The following expenses are covered by the loan:
- Tuition Fees
- Books and course material
- Living Expenses
- Travel Expenses
- Qualification Assessment and Exam Fees
- Uniform Cost
Eligibility Criteria
- Must be a Permanent Resident, Canadian Citizen, or Convention Refugee
- Legally permitted to work in Canada
- Obtained education/ related work experience from outside of Canada
- Reside in Ontario
Features of the Loan
- Microloans available up to $30,000
- Low-interest rates
- Loan repayment period of up to 5 years
- Personalized financial counselling services
- Access to free one-on-one career counselling
- Funding provided by the Government of Canada
How to Apply?
To begin your journey, the first step is to schedule a meeting Admissions Officer at Peel College of Professional Studies. We will guide you in selecting the most suitable program of study based on your interests and career goals. Once you have decided on your desired career pathway and determined the need for financial assistance, we will connect you with a Career and Training Counsellor from Achev. This seamless process ensures that you receive the necessary guidance and support to pursue your chosen career while exploring potential financial aid options.
If you have any further questions, please feel free to call us at +1 (289) 633-3772 or write to us at [email protected]. You may also contact o [email protected] for more information.
Through Peel College of Professional Studies
Flexible, interest free payment
Peel College offers flexible payment options to fund your education. You can benefit from our zero-interest installment option to help you enhance your skills. We offer this option to all our Diploma students. Contact us today to find out how you can enhance your career without putting an undue strain on your monthly budget.
Referral Program
Friends Help Friends: Refer and Earn $350 at Peel College of Professional Studies
At our institution, we strongly believe in the power of students helping others and providing opportunities for a brighter future. That's why we have introduced a fantastic rewards program for our current and former students.
How it Works?
- Share the Opportunities: Spread the word about our institution and the life-changing programs we offer.
- Change Lives: Give your friends, family members, neighbors, co-workers, or anyone you meet the chance to transform their lives through education.
- Feel Great: Experience the joy of making a positive impact on someone's future and empowering them to achieve their goals.
- Earn Money: As a token of our appreciation, receive a cash reward when your referral enrolls and becomes a student at our institution.
Join us in creating a supportive community where everyone can thrive. Refer a friend today and reap the rewards of making a difference in someone's life.
In case you have any further question, please contact us at +1 (289) 633-3772 or email us at [email protected] for more details.
Windmill Microlending is Canada’s largest and most successful microlending charity. Windmill Microlending offers low-interest loans to help skilled immigrants and refugees pay for the costs of accreditation, training and professional development. Windmill addresses underemployment of skilled newcomers by offering affordable loans of up to $15,000 at a fixed interest rate of 6.7%. You must be internationally trained or have a minimum of one year of post-secondary work experience before coming to Canada and must be a Permanent Resident, Provincial Nominee, Canadian Citizen, Protected Person or Convention Refugee to be eligible. By supporting newcomers across the country, Windmill is helping convert potential into prosperity, for our clients and for Canada. Windmill Microlending is a registered charity supported by donors, government, sponsors and granting agencies. For more information please visit windmillmicrolending.org/
Funding through a Bank
You have the option of getting funding through a bank loan. Peel College is not involved financially or otherwise in this transaction – the arrangement would be entirely between you and the Bank of your choice. Peel College's involvement will be limited to providing any paperwork required by a Bank to enable you to get a loan.
Your future is waiting at Peel College. Come, visit us and take charge of your career!
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Mississauga, ON L5T 2N5
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