At Oxford College, our financial aid department is available to explain all your payment options and help you select a payment plan that’s right for you. We have a range of assistance programs to help you fund your college education.
We are here to answer your questions, guide you through the application process, provide information about assistance programs, and address any concerns about financing your education.
Don’t hesitate to get in touch with us if you have any questions.
Second Career is a government program designed to help people who have been laid off within the last 12 months and are currently unemployed. The program helps unemployed workers who commit to a long-term training plan make the transition to new careers in growing areas of the economy.
Oxford College can provide students who qualify with monthly interest-free payments while attending school. This plan meets individual financial needs and gives students more flexibility in funding their education.
Students under their family’s Registered Education Savings Plan (RESP) may use these funds to pay for their postsecondary education at Oxford College. All of our programs qualify for all RESP grants and contribution. More information is available here.
The Lifelong Learning Plan allows you to withdraw money from your registered retirement savings plan (RRSP) to pay for training or education. This money could also help pay for training or education for your spouse or common-law partner.
You and your spouse or common-law partner can each withdraw up to $10,000 in a calendar year from your RRSPs, for a $20,000 maximum withdrawal. More information is available here.
You are able to use any bank to apply for a student line of credit. We have made arrangements with Royal Bank to offer tuition funding for students registered at Oxford College. The Royal Bank offers the RBC Student Line of Credit.
While in school, students are obligated to pay only the interest portion of any outstanding balance. Upon achieving employment, regular interest and principal payments would commence. Our financial aid office can provide more information and contact details for RBC.