Get help to pay for your studies

Yorkville University is committed to helping students find affordable solutions to finance their education.

Canada Student Loans Program

Yorkville University is approved to participate in the Canada Student Loan program. Generally, you must be either a Canadian citizen or landed immigrant to qualify. Student loan availability varies from province to province. Contact your provincial or territorial student assistance office for specifics and to determine your eligibility for both the federal and provincial student assistance programs:

Note: Students residing in the provinces of Quebec and British Columbia are not currently eligible for Canada student loan funding for programs offered via online learning.

Student Line of Credit

Students of Yorkville University may be eligible to apply for a student loan or a student line of credit through numerous Canadian financial institutions. Students should visit their local branch, or the institution’s website for further details:

Registered Education Savings Plan (RESP)

Degree and diploma programs are eligible for RESP funds. A letter of acceptance from the faculty is typically all that is required to have RESP funds released by your provider. Please visit the Human Resources and Skills Development Canada website for more information.

Lifelong Learning Plan (LLP)

The Lifelong Learning Plan (LLP) allows you to withdraw up to $10,000 in a calendar year from your Registered Retirement Savings Plan (RRSP) to finance full-time training or education for you, your spouse, or common-law partner. 

You cannot participate in the LLP to finance your children’s training or education, or the training or education of your spouse’s or common-law partner’s children. 

As long as you meet the LLP conditions every year, you can withdraw amounts from your RRSP until January of the fourth year after the year you make your first LLP withdrawal. You cannot withdraw more than $20,000 in total.

For more information, visit the Lifelong Learning Plan here.

TAKE THE NEXT STEP

For more information, contact an Admissions Advisor.

 

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