TCET Student Loans

New Student Loans Available

The Centre for Education and Training (TCET), facilitates the provision of a financial loan for Internationally Trained Individuals to get their career started in Canada. The program is funded by the Government of Canada’s Foreign Credential Recognition Program. TCET works in partnership with their financial partner, Meridian Credit Union, which issues loans to eligible students at CIMT College to assist towards their education and training expenses.

Eligibility Criteria

You are a Permanent Resident, Canadian Citizen, or Convention Refugee, who is legally permitted to work in Canada.
You have obtained education and related work experience outside of Canada.
You seek to have your credentials recognized in Canada OR undertaking training for an alternative career (or both).
You have demonstrated a financial need and a lack of access to comparable financial resources.
You reside in Peel Region, Toronto, Halton Region, or Hamilton.

Loan Features

$1,500 to $15,000*
Low interest rate (Prime + 2%)
No hidden fees
No credit history required*
Repayment terms from 1 to 4 years

*Eligibility and service criteria applies

Expenses Covered by the Loan

Tuition Fees
Travel Expenses
Books and course material
Living Expenses
Uniform Cost
Qualification Assessment and Exam Fees

How Do I Apply?

Your first step is to meet with a CIMT College Admissions Advisor to help you decide what program of study is right for you. It’s all about choosing the career that you want! After you’ve decide on your new career pathway and have determined that you require financial support, your CIMT College Admissions Advisor will connect you with a Career and Training Counsellor from the Foreign Credential Recognition Loans Program at TCET, within one week at the campus.

For more information about the Foreign Credential Recognition Loans Program at TCET, visit www.tcet.com/FCRloans

DOWNLOAD TCET FCR Loans Program Flyer

DOWNLOAD TCET CIMT College Flyer