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No scholarship? No problem. Here’s how to pay for college in Canada


Some college students are fortunate enough to be eligible for scholarships to attend programs at their preferred college. But for many students, college expenses are paid out of pocket.

Some college students are fortunate enough to be eligible for scholarships to attend programs at their preferred college. But for many students, college expenses are paid out of pocket.


While going to college is expensive, it’s also the best investment you can make in your future. Whether you’re enrolled in CDI College courses or vying for a diploma from Reeves College, a post-secondary education opens doors to unlimited career opportunities and a much brighter future. If you didn’t get a scholarship, don’t worry. There are still many ways to pay for college -- even if that means getting a part-time job.


From creating a budget to information on student loans, here are a few tips on how to pay for college.


Create a budget that you can stick to


A realistic budget, whether it’s for a month, a semester, or the entire school year is the key to managing your spending and reducing the debt you will incur in college. Little expenses like your morning Starbucks coffee can add up! Start by recording all of your income and resources including any savings, student loans, money from parents, bursaries and income from your part-time job. Then record all of your expenses, especially tuition and housing. Don’t forget to include books, transportation and other costs of living. It’s also important to set aside a few dollars a month for emergencies. Here are some more money-saving tips for college students:


      Cooking your meals at home is not only healthier for you, but is also far less expensive than eating out every day.

      If you travel to Medix College every day by public transit, purchase a monthly pass at a reduced student rate. Carpooling and cycling to campus are two more wonderful ways to save money on transportation.

      Use Skype to save money on long-distance calls with family and friends.

      As tempting as credit cards are, do not sign up for any unless you absolutely need the financial assistance and are prepared to pay them back – usually with high interest.

      Buy used textbooks for your courses at CDI College and then sell them when you no longer need them.

      Instead of buying a cup of coffee every day before classes at Vancouver Career College, brew your own coffee at home and take it with you in a travel mug.

      If you need additional money to help pay for Reeves College Programs or Vancouver Career College courses, look for a part-time job, apply for bursaries, or if it’s possible, ask your family for help.


College students in Canada can also apply for low-interest student loans to help cover the cost of their post-secondary education, including Medix College programs. While OSAP loans are not intended to pay for all of your college expenses, they do make college a possibility for more students.


College students who are enrolled in at least 60 percent of a full-time program are eligible to receive loan and grant funding through the Ontario Student Assistance Program (OSAP). For example, if you’re enrolled in Vancouver Career College’s business management program, CDI College’s cybersecurity program, or Medix College courses in early childhood education, you could be eligible for a student loan. Students with a permanent disability can qualify for OSAP if they are taking at least 40 percent of the course load, including Reeves College part-time courses.


Unlike a scholarship, OSAP loans do need to be paid back starting six months after you graduate from college.


Be sure to visit your college’s financial assistance offices for more information on how to pay for school.


People also ask


Is there a free college in Canada?


Unless you get a scholarship, college is not free in Canada. Typically, post-secondary students spend just over $10,000 for a year of college courses.


How do I pay for college on my own?


There are plenty of ways you can pay for college. Many college students also borrow money from their parents or apply for student loans, or they will work while attending school to lower their expenses.


How can I pay my college fees from India to Canada?


It’s easy to pay your Canadian college fees from India. All you have to do is get the bank account number of your Canadian college, the address of the bank, and the Canadian SWIFT Code. With this information, you can make payments via wire transfer from your bank in India to your college's bank account in Canada.


Can you get a full scholarship in Canada?


Full scholarships covering tuition, airfares, and accommodation are available for students to study at any accredited Canadian college. Applicants must meet strict criteria to be considered for a full scholarship in Canada.