Scholarships and Financial Options
Financial Aid, in Student Loans form, maybe available from the Provincial Student Aid Division to those who qualify.
Student Loan information is available from the Business/Registrar's Office. Both the Canada and Newfoundland Student Loans Programs are Department of Education, Division of Student Aid administered, and are similar in many aspects. Both are needs based financial assistance programs intended to supplement student and family resources.
The Department of Education, Division of Student Aid, is responsible for assessing the student loan applicant's financial needs.
If you believe that you have been unfairly assessed regarding your student loan application, you may appeal in writing to:
Assistance is available in government-subsidized loan and non-repayable grants up to the following limits:
Reviewing your Assessment
When you complete a student financial assistance application form online, you will receive an instant assessment. Please note that your assessment is temporary based on the information you provided on your application.
Based on the information you submitted, your Student Assistance amounts will be listed as follows:
The amount listed in the above boxes is your temporary assessment. This is the amount you can expect to receive from student financial services to supplement your educational training costs.
To apply for a Student Loan online, please visit the Newfoundland and Labrador Student Aid website at http://www.ed.gov.nl.ca/studentaid/. Students are encouraged to apply early as applications can take up to six (6) weeks for processing.
Student Aid and Personal Monthly Payment Plan
This is a possibility for a student who Student Aid does not totally cover his/her expenses. Once Student Aid has been defined, our Campus Student Financial Officer can determine your remaining monthly payments.
The Skills Development program provides a negotiated financial support amount for skills training to Employment Insurance eligible individuals. Service Canada delivered on behalf of Human Resources and Social Development Canada (HRSDC).
To be Skills Development fund eligible, you must be an unemployed individual as defined under the Employment Insurance Act, Section 58.
This means that you are an individual meeting the following requirements:
What else do I need to know?
How do you apply?
Student Aid and Service Canada Funding
Student Aid and Service Canada funding is a possibility for a student who Student Aid does not totally cover. If eligible, Service Canada may give small funding amounts. They should apply early since funding is limited.
Students must present a Tuition Breakdown Form to a Service Canada Funding Counselor.
Student Aid and Chartered Bank
This is a possibility for a student if Student Aid does not cover all expenses. Several Chartered Banks, notably TD Bank, CIBC, and the Bank of Montreal, have loan packages available for students attending Academy Canada. A co-signer maybe required.
Check your local branch for specific details.
Monthly Payment Plan
This option is for students who do not wish to get external funding or who are not eligible. The Business Office at Academy Canada will set up a monthly payment plan. Please contact the Admissions Office for more details.
For eligibility requirements or to apply, please contact your counselor.
Department of Human Resources, Labour, and Employment (Formerly Department of Social Services)
For eligibility requirements, please contact your counselor.
Mi’Kmaq Resources and Development
For eligibility requirements, please contact your local band office.
Labrador Inuit Association
For eligibility requirements, please contact your local association.
Scholarships and/or Bursaries
Several scholarships are available to many students and never get utilized. Some examples include:
These are just a few! If you or your family members are involved with unions, employers, corporations, service clubs, sports organizations, or non-profit associations, talk to a representative for more information about their scholarships and bursaries.
Program Specific Scholarships
Music and Recording Arts, Multimedia Graphic Design, and Photographic Studies
Natural Resources - Aboriginal Students Only
Occupational Health and Safety
Coalition of Disabled Persons Newfoundland and Labrador (COD-NL)
Posted April 9, 2013
The "Coalition of Persons with Disabilities Newfoundland and Labrador" in partnership with Scotiabank will provide a $1,000 scholarship to a High School student with a disability pursuing post secondary education in September 2013.
Scholarship candidates must graduate from high school and plan to attend post secondary school, be a Canadian citizen with a disability, and not be related to a COD-NL board member.
A successful candidate will be selected based on academic performance, community involvement, and well defined career path and goals.
For more information about the 2013 COD-NL Scholarship, please click here.
Application deadline is May 3, 2013.