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

Frequently Asked Questions – FAQ’s

Is the program free?

Registration is completely free, as well as the personalized financial and employment counselling you will receive from our experts. Career Loans is able to deliver this program free of charge due to the generous funding provided by the Employment and Social Development Canada (ESDC), a program under the Government of Canada.

Am I eligible for this program?

To be eligible for this program, you have to be a:

-Permanent Resident, Convention Refugee, or a Canadian Citizen who has been in Canada for less than ten years
-Resident of Alberta or Saskatchewan
-Internationally Trained Individuals in regulated and non-regulated occupations and trades, who are looking to return to their chosen profession.

How good does my English have to be for this program?

You need to have a Canadian Language Benchmark (CLB) level of minimum 5 to be eligible. To get your language level assessed, please contact your nearest government-funded language assessment centre.

If you do not have a CLB test result, you can do a free online self-assessment to get an idea of your current approximate language level: https://clb-osa.ca/home

If I don't apply for the loan, can I still register with Career Loans?

Yes, you can register to get access to our personalized one-on-one counselling and exclusive virtual resources, without having to apply for the loan.

Do I have to do the exact same job as before?

No, it it is not necessary to do the exact same position. You can pursue a parallel position in the same and/or related field or industry. For example, you could switch from being an architect to a city planner.

What is the amount of loan I can receive?

You may take a loan of minimum $1,500 and maximum $15,000.

How long do I have to pay back my loan?

You have up to four years to pay off your loan.

How does the application process work?

You will start off by  submitting an online application form. Our counsellors will review you application in order to determine your eligibility for the program. If you are approved, you will receive one-on-one counselling, and should you want to apply for a micro loan with our financial partner, you will be guided with your loan application.

Can I get the loan if I have already started my training?

Yes, you may still get the loan which can then be used to cover your costs for the remainder of your training. For example, if you are already in the first semester of your training, you can apply for a loan for your second semester.

What can this loan be used towards?

This loan can be used for:

  • Credential Assessment and Accreditation
  • Licensure Fees
  • Membership Fees
  • Exam Fees
  • Training to get back in your desired occupation
  • Union Fees
  • Association Fees
  • Material Fees (example books, equipment, etc.)

 

If you have further questions, please contact info@careerloans.ca

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

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

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.



SSL
Funded By:
logo-ESDC
Coordinated By:

logo tcet


Financial Partner:

logo HSBC

Privacy Policy  |  Terms of Use

Newsletter Sign up







Latest Video

More
No Videos found.

Blog

Subscribe
News item image

Pathway to Healthcare: what to consider as an internationally trained professional

For internationally trained healthcare professionals, returning to a healthcare profession in Canada is not so simple. Healthcare jobs are under …

Read more
News item image

4 Reasons to Pursue a Healthcare Career in Canada

Healthcare workers have always been an essential part of the Canadian workforce. The healthcare talent in Canada increases every year as more …

Read more
News item image

Canadian Healthcare Occupations in Demand

Healthcare professionals have always been important to any country. In Canada, an aging population has contributed to an increased demand of …

Read more
News item image

7 Tips to Balance School and Life

When returning to school, adult learners have much to consider. Unlike their younger counterparts, adult learners may have more difficulties …

Read more

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

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

COVID-19 NOTICE

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.