At Trillium College, our Student Finance department is available to discuss all of your options and answer any of your questions. Call us NOW! We can help you determine a plan that is best for you. We are here to help you make a confident decision about investing in yourself and your future.
Ontario Student Assistance Program (OSAP)
Financial assistance may be available for those who qualify. For more information, log onto the OSAP website at https://osap.gov.on.ca.
Key Performance Indicator and Loan Default Rates
As a Trillium College graduate, you will be contacted in a few months’ time regarding your participation in the Key Performance Indicator (KPI) Graduate Satisfaction Survey. Click here for full details on the KPI and loan default rates.
Out of Province Student Loans
Students from provinces outside of Ontario may also qualify for funding from the last province in which they resided for 12 consecutive months. For a list of provincial offices, please visit www.canlearn.ca/eng/main/help/contact/
Second Careers is administered by the Ontario Ministry of Advanced Education and Skills Development (ASED) which helps laid-off workers re- train for a new career. If you were laid off any time after January 1, 2005 you are eligible to apply; including those who have taken an interim job to make ends meet. If you qualify, funding is available to support the cost of tuition, books, daycare, transportation and a basic living allowance. To learn more call Employment Ontario: toll-free at 1-800-387-5656 or visit www.ontario.ca/employment
Lifelong Learning Plan (RRSP)
The Lifelong Leaning Plan (LLP) allows you to withdraw money from your RRSPs to finance your education or that of your spouse or common-law partner. You can withdraw up to $10,000 per year, up to a total maximum of $20,000. More information is available at http://www.servicecanada.gc.ca/eng/goc/llp.shtml
Registered Education Savings Plans
A student who is named under a family’s Registered Education Savings Plan may use these funds to cover the costs of education at an eligible post-secondary institution such as Trillium College. Detailed information is available at http://www.canlearn.ca/eng/saving/resp/index.shtml.
Workplace Safety and Insurance Board (WSIB)
If you are a WSIB recipient or a surviving spouse, WSIB has funding resources for labour market re-entry. Speak to your case manager about re-training, which will help prepare you to get back into the work force.
If you are a registered Status Indian or Inuit (residing on or off the reserve) and plan on going back to school, you may be eligible for funding for your post-secondary studies if you register with an eligible educational institution such as Trillium College. For more information please visit http://www.ainc-inac.gc.ca/edu/ep/pse1-eng.asp#elc
Ontario Government PSW Challenge Fund (FREE-Tuition Opportunity)
Through the 2021 Ontario Budget, the government is investing an additional $650 million in long‑term care in 2021–22, including more than $121 million to accelerate the training of nearly 9,000 personal support workers.
Financial support will be available to new students enrolled in a PSW program at one of the participating Ontario Student Assistance Program (OSAP) approved private career colleges. Eligible students in private career colleges can receive up to $13,235 to cover the costs of tuition, books and other mandatory fees, as well as a stipend for a clinical work placement. To be eligible for financial support, students must start their PSW training at a participating private career college between May 1 and July 31, 2021.