Financial Options

Various forms of Financial Assistance are available to students who attend Academy Canada.

Financial Aid, in the form of Student Loans, may be available from the Provincial Student Aid Division for those who qualify. Information about Student Loans is available from the Business/Registrar's Office. Both the Canada and Newfoundland Student Loans Programs are administered by the Division of Student Aid, Department of Youth Services and Post-Secondary Education and are similar in many respects. Both areneeds based and are intended tosupplement the resources of students and their families.

The Division of Student Aid, Department of Youth Services and Post-Secondary Education are responsible for assessing thefinancial needs of the Student Loan Applicant. If you believe that you have been unfairly assessed regarding your student loan application, you may appeal in writing to:

Appeals Officer, Student Aid Division

Coughlan College
Box 8700
St. John's, NL A1B 4J6

Appeals Officer, Student Aid Division

College of the North Atlantic
Box 822
Corner Brook, NL A2H 6E6

Student Aid on the Internet

www.ed.gov.nf.ca/studentaid

If you plan to appeal the results of your student loan application, you should do so as quickly as possible. The deadline for appeals is 14 days after notice of assessment or reassessement. If you have any questions about the student loan process, feel free to contact our Business Office for assistance.

Human Resources Development Staff (formerly the Canada Employment Center) have several financial programs available to assist students with training / retraining. If you have received EI benefits or are currently receiving or are entitled to EI benefits, you may be able to continue these benefits while you attend our College. The decision of sponsorship or continued benefits rests with Human Resources Development Canada. Please check with your HRDC counsellor for further information.

Funding may also be available to students through such government departments and community agencies as the Department of Human Resources and Employment, Mi'Kmaq Resources and Development and Workers' Compensation. Check with Academy Canada's Admission Representatives for details.