Internationally trained and looking to get back in your field? We can help! Register Now

4 Ways to Pay for Your Continued Education

Posted by: Gavin Au-Yeung Date: August 17, 2021 Category: Blog

Many skilled newcomers often consider continued education. One reason for this is because newcomers are unable to return to their desired careers. Those trained in regulated occupations need to retrain or get their international credentials recognized first. Regardless of the situation, returning to school is a great way to upgrade your skills and access new career opportunities.

However, returning to school can often be an expensive endeavour. Understandably, newcomers will want to focus their time and financial resources on getting settled in Canada. With that said, there are several possibilities for newcomers to pay for their continued education in Canada.

Continue reading to learn more about these possibilities! 

1. Savings from home country

Planning for the future is always a good idea. Research if your desired occupation in Canada will require further training or education. If yes, you should save money for tuition as soon as possible. Keep in mind that you may not necessarily find work in your desired career if your occupation is regulated in Canada. Try to save up as much money as you can before moving to Canada. In addition, consider the amount of money you will need to settle in Canada and sustain yourself and your family for a few months. 

2. Finding Employment in Canada

Many newcomers rely on survival jobs to help pay for immediate expenses when they first arrive in Canada. Survival jobs are readily available jobs that often require little skill. Taking up a readily available job may help with funding your continued education. Individuals who had high-skill jobs back in their home country may feel demoralized if working a survival job. However, keep your goal in focus and remember what you are trying to achieve!  

3. Scholarships and Student Aid

Schools give out financial aid that is accessible to students of different backgrounds and academic abilities. Scholarships, for example, are a sum of money awarded to students to help pay for tuition. There are many types of scholarships. For example, you can receive a scholarship for academic achievement, community service, or other types of work. Students generally need to apply for scholarships. Some resources that can help you find scholarship opportunities include Scholarships Canada and Student Awards.

4. Accessing Educational Loans

Unlike scholarships, loans are a form of financial aid that the recipient must return. However, accessing educational loans can be a worthwhile investment and a gateway to more career opportunities. Newcomers may have difficulties accessing traditional bank loans because they lack Canadian credit history. Fortunately, there are many support systems for newcomers who are aiming to return to school.

Career Loans is one example of a newcomer support program that provides career counselling. Clients who access the free services of Career Loans can also apply for an optional micro loan of up to $15,000. Learn more about the program and register now by clicking here!

careerloans logo

Career Loans provides career counselling and micro loans to Internationally Trained Individuals in regulated and non-regulated occupations and trades, who are looking to return to their chosen profession.

Funded By:
Coordinated By:

logo tcet

Financial Partner:

logo HSBC

Privacy Policy

Terms of Use


More than 800 participants have benefitted from attending our #webinars that feature industry experts.

Sign up for our next webinar for ... skilled newcomers interested in banking careers! Register now at

#WelcomingWeek2021 @CitImmCanada

Career Loans has helped empower skilled newcomers return to their desired careers. This includes providing more than 5000 website visitors ... with helpful information from our curated content library.

Become a member at

#WelcomingWeek2021 @CitImmCanada

Career Loans has helped empower skilled #newcomers to return to their desired careers. This includes guiding more than 60 #healthcare ... professionals on their way to making an impact in #Canada.

Learn more at

#WelcomingWeek2021 @CitImmCanada

New to Canada? Don’t get stuck in a Survival Job!

Join us🎫for #WelcomingWeek2021🤝and learn how to break into the career of YOUR ... CHOICE🚀

Join us on Sept 17 & find out how Career Loans can help!

Register on Eventbrite or watch on Facebook Live!

Since our program began in 2019, Career Loans has helped empower newcomers by distributing more than $500,000 through our micro loan ... services. We hope to continue helping newcomers achieve their career goals!

#WelcomingWeek2021 #Career #Newcomer #Canada @CitImmCanada

Load More...

Latest Video

No Videos found.


News item image

Canadian Finance Occupations In Demand

Financial professionals are crucial for keeping businesses operating smoothly. This is true especially after the global pandemic has affected many …

Read more
News item image

Understanding New Labour Realities – Oct 14, 2021 @ 12 PM CST

October 14, 2021, at 12 PM CST / MT

Click here to register now!

Join us for a free webinar about what newcomer professionals need to know to …

Read more
News item image

5 Reasons to Pursue a Finance Career

There are plenty of great reasons why newcomers should consider a finance career in Canada. Some of the benefits of working in finance include a …

Read more
News item image

4 Ways to Pay for Your Continued Education

Many skilled newcomers often consider continued education. One reason for this is because newcomers are unable to return to their desired careers. …

Read more

PrepCan-Online Newcomer Information Centre is coordinated and funded by:

Centre for Education & Training Mississauga logo Immigration, Refugees and Citizenship Canada logo


All Career Loans virtual services will continue during this time; our hours of operation remain the same at 8:30AM – 4:30PM (MT) from Monday to Friday. Please contact us if you require assistance outside of these hours.