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Financial Aid

Financial assistance may be available for those who qualify.

Taking further education to advance your career is a big investment. Fortunately, we at CLI College have a dedicated team to assist students with financing their education. There are payment options available to CLI students. A brief description of some financing options available is outlined below. Please contact us for more details regarding Financial Assistance.

Alberta Student Aid provides loan, grant, and scholarship funding to Alberta’s post-secondary students. From planning to repayment, find everything you need to navigate the Alberta Student Aid program and services!

The Ontario Student Assistance Program (OSAP) is a financial aid program designed to assist with college or university expenses. OSAP provides funding in the form of grants, which do not require repayment, and student loans that need to be repaid after completing your education

Better Jobs Ontario Program provides laid-off workers with

  • Financial support
  • Skills training to help them find jobs in high-demand occupations in Ontario.

Most important approach is to get organized. Keep records of all your loans along with their amount, terms, payment, and interest rates then keep in a safe place. Remember that waiting will cost you. Don’t be fooled by the six-month grace period you get before you have to start making payments. While you are not required to make payments during the grace period principal loans will still be waiting. Student loan must be paid back like any other loan. Your student loans cannot be forgiven, but if you need assistance paying your student loans enroll repayment assistance plan (RAP). When you receive Alberta and Canada student loans, they are reported to the credit bureau. When you do not make payment on your loan on time, you will create a negative credit rating. If you default on your student loan you could miss out on your income tax refund and be unable to obtain further loans and grants.

The Ontario Student Assistance Program (OSAP) is a financial aid program designed to assist with college or university expenses. OSAP provides funding in the form of grants, which do not require repayment, and student loans that need to be repaid after completing your education.”
Alberta Student Aid

Alberta Student Aid provides loan, grant, and scholarship funding to Alberta’s post-secondary students. From planning to repayment, find everything you need to navigate the Alberta Student Aid program and services!

Better Jobs Ontario Program provides laid-off workers with

  • Financial support
  • Skills training to help them find jobs in high-demand occupations in Ontario.
Student Loan Repayment Strategy
Most important approach is to get organized. Keep records of all your loans along with their amount, terms, payment, and interest rates then keep in a safe place. Remember that waiting will cost you. Don’t be fooled by the six-month grace period you get before you have to start making payments.