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Financial Aid

Financial Aid & Funding Options

Talk to Admissions about your funding options →

Investing in your education is a big decision. Depending on your eligibility, there are several financial aid, funding and installment tuition payment options that may help you cover the cost of studying at Think Tank Training Centre.

Our Admissions team can help you understand the options available and point you toward the appropriate resources and application information.

Financial Aid for Canadian Students

The following options may be available to Canadian citizens, Permanent Residents, and Protected Persons, depending on your program and individual eligibility.

Canada & Provincial Student Loans

Eligible Canadian students enrolled in a qualifying full-time program at Think Tank may be able to receive government student financial assistance through their province or territory of residence.

Student aid may include loans, grants, or a combination of both. The amount of funding available is determined by several factors, including:

  • Tuition and mandatory fees
  • Books and educational supplies
  • Living expenses
  • Your income and financial resources
  • Your family situation
  • Your province or territory of residence

Funding limits and eligibility requirements vary by province or territory.

How to apply

You generally submit one student aid application through your province or territory of residence. That application is used to assess your eligibility for both federal and provincial or territorial assistance.

Student Aid Resources

Need help getting started?
Our Admissions team can provide general information about the student aid process, qualifying programs, required school documentation, and where to apply.


Registered Education Savings Plans (RESPs)

If you or your family have contributed to a Registered Education Savings Plan (RESP), those funds may be available to help pay for your education at Think Tank.

RESP funds can generally be used toward eligible post-secondary education expenses, subject to the requirements of your RESP provider and the eligibility of your program.

Your RESP provider may ask for:

  • Confirmation of enrolment
  • Program information
  • Tuition information
  • A form completed by Think Tank

Our Admissions team can help provide the appropriate school documentation.

Important: Contact your RESP provider directly to confirm how much funding is available, when it can be accessed, and what documentation they require.

Learn more: Registered Education Savings Plans – Government of Canada


Lifelong Learning Plan (LLP)

The Lifelong Learning Plan (LLP) allows eligible Canadian residents to withdraw funds from their Registered Retirement Savings Plan (RRSP) to help finance full-time education or training for themselves or their spouse/common-law partner.

Eligible participants may withdraw up to $10,000 per calendar year, up to a total of $20,000, without the withdrawal being included in income, provided the LLP requirements and repayment rules are followed.

Withdrawals must generally be repaid to your RRSP over a period of up to 10 years.

Government of Canada resources:

Because eligibility and tax rules can change, we recommend reviewing the current Government of Canada requirements before making a withdrawal.


Student Lines of Credit

A student line of credit from a Canadian bank or financial institution can be another way to help finance your education, particularly when government student aid or personal savings do not cover the full cost.

Unlike a traditional loan, a line of credit allows you to borrow funds as you need them, up to an approved limit. You generally pay interest only on the amount you have borrowed.

Approval, credit limits, interest rates, repayment terms, and co-signer requirements vary by financial institution.

We recommend speaking directly with your bank or credit union about student financing options and bringing information about your Think Tank program, tuition, and program length.


Not Sure Where to Start?

You don't need to figure everything out on your own.

Our Admissions team can help you understand which funding options may apply to your Think Tank program, provide required school documentation, and direct you to the appropriate government or financial resources.

Talk to Admissions about your funding options →