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

Three Things to Consider Before Returning to Your Career

For many Internationally Trained Individuals (ITIs) in Canada, continuing a career in their trained field is an ideal situation. This is true for …

Read more
News item image

Cross Cultural Competance

.embed-container { position: relative; padding-bottom: 56.25%; height: 0; overflow: hidden; max-width: 100%; } .embed-container iframe, …

Read more
News item image

Boost Your Employability from Home: Your Guide to Online Education

Online education, or eLearning, has become increasingly popular with the growth of the internet. Recently, with a large portion of people staying …

Read more
News item image

How to Navigate the Online Job Search

Job seekers today are likely to begin their search in front of their computers as online job searching has become extremely popular. With such a vast …

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.