Financial Planning for your Future
International Beauty Institute will work with each potential student to choose the best payment option. Possible options to consider include:
Interest-Free Payment Plans: all students are eligible for our in-house financing. This allows you to break down your tuition payments monthly for the length of your program with zero interest. Extended payment plans may be available for those who qualify.
Bank Loans: all national banks offer students the opportunity to receive a student loan. Visit your bank to determine if you are eligible. Please let us know and we will provide you with the necessary paperwork.
Employment Ontario: Second Careers is a government funded program that allows eligible candidates to go back to school on a grant. To find out more details and to determine if you can qualify, please visit
www.ontario.ca/employment or
www.secondcareerontario.com or
call 1-800-387-5656. Alternatively, please set up a meeting with an International Beauty Institute Representative and we can assist you in this process.
Lifelong Learning Program: The Lifelong Learning Plan (LLP) allows you to withdraw amounts from your RRSPs to finance full-time training or education for you or your
spouse or
common-law partner (some restrictions apply). For more information please visit
www.cra.gc.ca Workplace Safety and Insurance Board (WSIB): this program assists eligible candidates with rehabilitation, retraining, and educational upgrading. Please visit
www.wsib.on.ca to see if you qualify.
External Scholarships: Many organizations provide grants and scholarships. Please speak to your admission representative at International Beauty Institute to see a current list of scholarships.
Aboriginal/First Nations: Aboriginal Affairs and Northern Development Canada (AANDC) has two funding programs that provide financial assistance for eligible Indian Status and Inuit students. For more information visit
http://www.aadnc-aandc.gc.ca/eng. Please contact IBI for additional information at
[email protected] or 905.624.2700.
