At Gates College, our Student Finance department is available to discuss all your options and answer any of your questions. Our Student Finance department can help you determine a plan that is best suited for you. We are here to help you make a confident decision about investing in yourself and your future.
Ontario Student Assistance Program (OSAP)
Financial assistance may be available for those who qualify. For more information, log onto the OSAP website at https://osap.gov.on.ca. Please also feel free to contact our Gates College Student Finance department for more information and details regarding documentation required.
Watch two videos below presented by the National Student Loans Service Centre.
Orientation: https://players.brightcove.net/2456793370001/uqkGU5crh_default/index.html?videoId=5859470801001(Video Length – 19:16)
Repayment: https://players.brightcove.net/2456793370001/uqkGU5crh_default/index.html?videoId=5859486027001 (Video Length – 23:25)
Key Performance Indicator and Loan Default Rates
As a Gates College graduate, you will be contacted in a few months’ time regarding your participation in the Key Performance Indicator (KPI) Graduate Satisfaction Survey. Click here for full details on the KPI and loan default rates.
Out of Province Student Loans
Students from provinces outside of Ontario may also qualify for funding from the last province in which they resided for 12 consecutive months. For a list of provincial offices, please visit https://www.canada.ca/en/employment-social-development/services/student-financial-aid/provincial-offices.html
Second Career/Better Jobs Ontario is a cost-sharing grant provided to individuals looking to train for a new career. This grant may cover tuition, transportation, books, childcare and more! It is provided based on need, and applicants may need to contribute to cost of the training.
Individuals who have been laid off due of COVID-19 and looking to train in new fields with promising job prospects may receive additional support for their education and related expenses. Plus, funding for programs that fall in one of the four priority streams will be fast-tracked. That means you’ll be able to receive your funding and start your training sooner. More information is available at www.secondcareer.com/
Second Careers is administered by the Ontario Ministry of Advanced Education and Skills Development (ASED) which helps laid-off workers re- train for a new career. If you were laid off any time after January 1, 2005 you are eligible to apply; including those who have taken an interim job to make ends meet. If you qualify, funding is available to support the cost of tuition, books, daycare, transportation and a basic living allowance. To learn more call Employment Ontario: toll-free at 1-800-387-5656 or visit www.ontario.ca/employment
Lifelong Learning Plan (RRSP)
The Lifelong Leaning Plan (LLP) allows you to withdraw money from your RRSPs to finance your education or that of your spouse or common-law partner. You can withdraw up to $10,000 per year, up to a total maximum of $20,000. More information is available at http://www.servicecanada.gc.ca/eng/goc/llp.shtml
Registered Education Savings Plans
A student who is named under a family’s Registered Education Savings Plan may use these funds to cover the costs of education at an eligible post-secondary institution such as Gates College. Detailed information is available at https://www.canada.ca/en/employment-social-development/services/student-financial-aid/education-savings/resp.html
If you are a registered Status Indian or Inuit (residing on or off the reserve) and plan on going back to school, you may be eligible for funding for your post-secondary studies if you register with an eligible educational institution such as Gates College. For more information please visit http://www.ainc-inac.gc.ca/edu/ep/pse1-eng.asp#elc
Payment Methods Accepted by Gates College
- Cheques, money orders and cash
- Debit cards (Interact direct payment)
- Credit cards: Visa and Mastercard
- Pre-authorized credit card payments (for monthly payment plans)