A number of financial assistance alternatives are available for individuals
interested in pursuing apprenticeship training. A summary of these alternatives
are as follows:
Human Resources and Skills Development Canada (HRSDC) may provide temporary financial assistance to individuals attending apprenticeship training. Employment Insurance (E.I.) benefits are available for individuals while attending apprenticeship training if they have worked sufficient hours to establish an E.I. claim and meet other specific criteria. E.I. provides temporary income support to apprentices during periods of classroom training.
For more information on E.I. benefits, visit the HRSDC website or contact the nearest HRSDC office.
For students that are not E.I. eligible, obtaining government sponsored student loans are another option.
If a student loan is your only option there are a number of things you MUST consider:
To be eligible for interest free loans for full-time study under the federal and provincial student loans programs, a student must:
For further information on the Student Loans program, please visit http://www.gov.nl.ca/studentaid/ or contact the Student Financial Services Division:
When the employer is willing to provide a job to graduates from post-secondary training programs, but needs financial assistance, funding may be available through various Government departments and agencies.
The Department of Human Resources, Labour and Employment offers the following wage-subsidy programs designed to help post-secondary graduates secure valuable work experience in their field of study. These programs will not result in the displacement of existing employees, or employees who are on lay-off, recall or absent because of work stoppage or labour/management dispute.
Further information on employer incentive programs is available from local offices of Human Resources and Skills Development Canada , or the Department of Human Resources, Labour and Employment.^ Top of Page
Scholarships are another funding alternative to help supplement your post-secondary education and training.
For high school students, it is important to talk to a guidance counsellor and to also check with the post-secondary institution you will be attending.
For further information on post-secondary scholarships that may be available to you, please visit Scholarships to find out more.
The Apprenticeship Incentive Grant (AIG) is a taxable cash grant of $1,000 per year. It is available to registered apprentices once they have successfully completed their first or second year or level of an apprenticeship program in one of the Red Seal trades.
Specifically, the AIG is meant to:
For additional information and to download application form go to: http://www.servicecanada.gc.ca/eng/goc/apprenticeship/index.shtml.
Proof of Apprenticeship Registration: Apprentice ID "wallet" card.
Proof of Apprenticeship Progression: Letter from the Department of Education, Industrial Training Section.
General enquiries about the program can be directed to Service Canada via their web at www.servicecanada.gc.ca or via a local Service Canada Centre. Apprentices can now contact Service Canada by phone at 1-866-742-3644 or 1-866-909-9757 (for the hearing impaired).
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