Your Funding Options
Ontario Student Assistance Program (OSAP)
A government-approved loan that will help you pay your tuition fees. It is available to those who are eligible and meet the requirements. For more information on OSAP, and to apply, please visit www.osap.gov.on.ca.
Employment Ontario and Better Jobs Ontario
The Ontario Ministry of Advanced Education and Skills Development administers programs such as Better Jobs Ontario to assist individuals who are unemployed or who have qualified for Employment Insurance.
Students may qualify for post-secondary education financing through Better Jobs Ontario or other programs managed through Employment Ontario, and our staff can help guide you to the nearest agency. For more information, visit www.ontario.ca/page/employment-ontario or call 1-800-387-5656.
This partnership with a registered charity enables skilled immigrants and refugees to apply for a microloan of up to $15,000 to obtain the Canadian licensing or training required to continue their careers in Canada. Empowering newcomers to achieve economic prosperity, microloans can help internationally-trained immigrants afford the education or training they need to have a better chance at career success. For more information, click here.
Monthly Payment Plan
A monthly payment plan can be arranged to suit your needs. Tuition and material costs are divided into monthly payments throughout your program. The first payment is due on the first day of classes, and the final payment is due approximately one month prior to the completion of your studies. Payments are interest-free while you are an active student. All students are automatically eligible for monthly payment plans with no credit check or co-signer required.
triOS College accepts the following payment methods:
- Pre-authorized bank withdrawals (for monthly payments);
- Pre-authorized credit card payments (or monthly payments);
- Credit cards: VISA, Mastercard, American Express;
- Debit cards: Interact Direct Payment;
- Secure online credit and debit payments through the triOS student web portal;
- Cheques, money orders, and cash.
EduPay — Extended Monthly Payment Plan
For students who qualify, monthly payment plans may be extended beyond the end of your student period. Newcomers to Canada can be approved with no Canadian credit history. A credit check is required and some conditions apply.
Student Line of Credit
Most major banks and credit unions offer student lines of credit to finance post-secondary education. Our Financial Aid Officers can provide you with contacts at financial institutions to find out more information.
Lifelong Learning Plan
The Canada Revenue Agency Lifelong Learning Plan (LLP) allows you to withdraw amounts from your RRSPs to finance your education for you or your spouse (or common-law partner). You may withdraw up to $10,000 per year, and up to a total maximum of $20,000. For more information visit the Canada Revenue Agency website at www.cra-arc.gc.ca.
Registered Educations Savings Plans
Students who have been named a beneficiary under a family member’s Registered Education Savings Plan (RESP) may use funds from the RESP to finance their education at triOS. For more information, please contact the financial institution holding the RESP and visit the Government of Canada CanLearn website at http://www.canlearn.ca.
Employer And Union-Sponsored Education Programs
Some employers and unions provide education assistance and tuition reimbursement programs for employees and children of employees. Check with your employer, or your parent’s employer(s), to see if they offer any education assistance or tuition reimbursement programs that you may qualify for.
triOS accepts some Loyalty Reward points, as payment of tuition and fees. For more information, visit http://www.higheredpoints.com.
Out Of Province Students
Financial assistance may be available for out of province students who qualify. For a list of provincial offices, please visit the Government of Canada CanLearn website at http://www.canlearn.ca.
To learn more about any of the many financing options available, please contact us to speak to a triOS Financial Aid Officer.