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Financing Your College Education in Ontario

Financing your future is one of the most important issues for any student. To be able to reach your goal, proper planning and helpful assistance are key. 

There are a variety of options available to you. The links below will provide you with further information on these options. For further information call the campus to speak with a qualified Financial Aid Administrator.

Government Student Loans   

Students enrolled in:

  • Early Childcare Assistant
  • Pharmacy Technician
  • Pharmacy Assistant
  • Medical Laboratory Assistant/Technician
  • Medical Office Assistant
  • Intra Oral Dental Assisting Level 1 & 2
  • Medical Esthetician
  • Personal Support Worker
  • Accounting and Payroll
  • Business Management
  • Supply Chain and Logistics
  • Paralegal
  • Law Clerk

may be eligible, if qualified, for loans, grants, or awards granted under the Ontario Student Assistance Program (OSAP).

Windmill Microlending 
Are you new to Canada and getting ready to launch your career in your new country? There may be additional funding available to study at Algonquin Careers Academy!
Algonquin Careers Academy has partnered with Windmill Microlending to provide additional funding options for you.
Windmill Microlending is a registered charity serving Canadian newcomers since 2005. Windmill Microlending provides up to $15,000 microloans for skilled immigrants and refugees to pay for: 
  • Education and training programs of two years or less
  • Fees for licensing and qualifying exams
  • Credential assessments
  • Books, course materials
  • Childcare or living allowance during the study period, 
To determine if you are eligible for a Windmill loan, please visit


Learn more about Windmill founders: The Founding of Windmill Microlending - An All-Women Success Story


Bank Solutions  

Your financial institution may offer options for you to fund your program. Different institutions have their own criteria in order to determine eligibility. Ensure that you are fully aware of your chosen banking option program requirements prior to choosing a solution that is right for you.  

Human Resources Development Canada  

Human Resources Development Canada, HRDC, has a number of programs, for eligible clients, contemplating specialized career training. Individuals who meet their criteria may be eligible for funding to attend Algonquin Careers Academy.  
It is necessary to consult a HRDC representative to explore relevant funding options available to you.  

Second Career Program

Second Career is an Ontario government program that helps you train for a new job. Second Career provides financial support to help laid-off Ontarians participate in training for a new career. Counsellors at Employment Ontario assessment centres across the province can help you take the first step.

Are You Career Training Ready? Find Out! 
Take the Algonquin “Career Training Readiness Quiz”

 The fun, online quiz takes 3-minutes to complete and you’ll get a personalized report. Identify your strengths and social style plus the training and positions you’re best suited for. Get Your Career Training Readiness score now!