Financial Aid & Education Funding Options

Important Update Regarding OSAP

Updated: October 16, 2026

The Ontario government has announced a pause on Ontario Student Assistance Program (OSAP) payments for students attending private postsecondary institutions. We understand that this development has created uncertainty for students and families who depend on financial assistance to pursue their education.

Oxford College continues to monitor developments and will share updates as more information becomes available.

Students are encouraged to check their individual OSAP accounts for the latest information regarding their applications and funding status. Our campus Financial Aid Officers are available to discuss questions about tuition arrangements and help students explore other potential funding options.

For official information and updates:

• Ontario Government’s OSAP Announcement
• Ontario Student Assistance Program (OSAP)

Explore Your Financial Aid Options

Students may be able to access government assistance, personal savings, scholarships, college payment plans, or external financing, depending on their circumstances and the eligibility requirements of each option.

Government Financial Assistance

Better Jobs Ontario

Better Jobs Ontario is a provincial program designed to help eligible individuals develop skills for employment in occupations with demonstrated labour market demand. Depending on eligibility and approval, financial assistance may be available toward qualifying training expenses, including tuition and other approved education-related costs. Funding is subject to government criteria, program eligibility, and individual assessment.

Learn more: Better Jobs Ontario

Personal Education Savings

Registered Education Savings Plan (RESP)

A Registered Education Savings Plan (RESP) is a savings account designed to help families prepare for postsecondary education. Students with access to an RESP may be able to use eligible funds toward their education, subject to the terms of their plan and applicable government requirements. Eligibility and withdrawal conditions should be confirmed directly with the RESP provider.

Learn more: Registered Education Savings Plans — Government of Canada

Lifelong Learning Plan (LLP)

The Lifelong Learning Plan (LLP) allows eligible individuals to withdraw funds from their Registered Retirement Savings Plans (RRSPs) to finance qualifying education or training for themselves or an eligible spouse or common-law partner. Participation is subject to Canada Revenue Agency requirements, including applicable eligibility, withdrawal, and repayment conditions.

Learn more: Lifelong Learning Plan — Canada Revenue Agency

Scholarships

Future Massage Therapist Scholarship

Hand & Stone Massage and Facial Spa Canada offers an annual $250 Future Massage Therapist Scholarship to one eligible Oxford College Massage Therapy student at each participating Ontario campus.

Students must be in their final year of the Massage Therapy program to qualify. Awards are subject to the scholarship provider’s eligibility requirements and selection criteria.

Interested in applying? Contact your campus Financial Aid Office for current application information and eligibility details.

Flexible Monthly Payment Plans

Oxford College offers flexible, interest-free monthly payment plans to eligible students, helping make tuition costs more manageable while attending school. These payment arrangements are designed to accommodate individual financial circumstances and provide greater flexibility in financing your education.

Bank Financing & External Financial Assistance

Student Lines of Credit

Student lines of credit may provide eligible students with an additional financing option to help cover tuition and other education-related expenses. Students can explore existing student financing options offered by the following financial institutions:

• RBC: Student Line of Credit
• TD: Student Line of Credit
• Scotiabank: Student Line of Credit

Each financial institution determines eligibility, credit approval, interest rates, borrowing limits, and repayment terms. Students are encouraged to contact the banks directly to confirm whether financing is available for their Oxford College program.

Windmill Microlending

Windmill Microlending is a Canadian registered charity that has supported skilled immigrants and refugees since 2005, helping internationally trained individuals pursue licensing, education, and career-development opportunities in Canada.

Eligible applicants may qualify for microloans of up to $15,000 to help cover expenses associated with restarting or advancing their careers.

Funding may be available for professional licensing, credential assessments, tuition, books, course materials, language training, and other approved career-development expenses.

Loan eligibility, approved expenses, interest rates, and repayment terms are determined by Windmill Microlending.

Interested in applying? Check Your Eligibility

Achēv — Accelerating Career Advancement (ACA) Program

Achēv’s Accelerating Career Advancement (ACA) Program provides microloans of up to $30,000 to eligible internationally trained professionals in Ontario seeking to further their education, obtain Canadian credentials, or advance their careers.

Funding may help cover tuition, professional licensing and certification fees, credential assessments, training expenses, and other eligible costs.

Applicants must meet the program’s residency, immigration status, educational background, and
financial eligibility requirements. Loans are subject to approval, with repayment terms ranging from 1 to 5 years.

Interested in applying? Complete the ACA Eligibility Form.