Financial Aid
Financial Aid for Canadian students only
BETTER JOBS ONTARIO
BETTER JOBS ONTARIO – TORONTO ACADEMY OF ACTING FOR FILM & TELEVISION on the approved list with Government of Ontario
Students who are accepted into the Toronto Academy of Acting for Film & Television full time 4 month film acting diploma program “Essentials for Acting” and have been laid off and have not been working or are working a temporary job just to cover costs or have not been laid off but have been unemployed for six months or longer and are part of a low income household you can still apply to Better Jobs Ontario if you receive Employment Insurance or Ontario Works.
To take you to Better Jobs Ontario regarding funding and how to apply please click on this link
Easy Payment Plans
Toronto Academy of Acting offers Interest free payment plans for our accepted students.
Student Lines of Credit
A student line of credit is a great option for Canadian students with a valid co-signer. A line of credit is different from a loan because you take money out only as you need it and pay interest only on what you withdraw while you are in school.
Royal Bank of Canada
- Your credit limit will be based on your need and ability to repay.
- A co-signer may be required.
- The minimum amount for the Royal Bank Student Line of Credit is $5,000.
Useful Royal Bank Link:
http://www.rbcroyalbank.com/RBC:RL6kBI71A8UAAVCiXlE/student/sc_bankloans.html
Bank of Montreal
- Your credit limit will be based on your need and ability to repay A co signer may be required.
- The minimum amount for Bank of |Montreal Student Line of Credit is $15,000.00.
Useful Bank of Montreal link:
https://www.bmo.com/main/personal/loans-line-of-credit/student-line-of-credit#
Financial aid options for Canadian citizens or permanent residents
Canada Registered Education Savings Plan (RESP)
An RESP is a, tax-deferred, savings vehicle generally used by parents to save for their children’s post-secondary education.
Contributions to an RESP for a child beneficiary may be eligible for Canada Education Savings Grant payments (CESG). Investment earnings on contributions and CESG payments can grow tax-free until they are distributed and included in the recipient’s income, and taxed accordingly. In most cases, the recipient is a student whose total income results in a minimal amount of tax.
Financial Aid for American students only
Student loans
For private student loads click on this link
