Toronto Institute of Pharmaceutical Technology - Pharmaceutical Training and Career Development

Financial Aid
Payment Options
Sponsorships
Budgeting
KPI

FINANCIAL AID and FUNDING OPTIONS

Financing your future career is one of the most important issues for students. In order to achieve your goal of becoming a Pharmaceutical Professional, it is important that you undertake proper planning and utilize helpful assistance in preparing for funding the cost of your education and training.

LOANS and GRANTS

Federal and provincial student loans may be arranged to assist with the cost of tuition, school supplies, living expenses and transportation. Financial assistance may be available for students who qualify to supplement the financial resources you have based on an assessment of financial need established by the federal and/or provincial governments. Options for assistance that may be available to you include:

Ontario Student Assistance Program (OSAP)
Canada-Ontario Integrated Student Loan Canada
Study Grant for Students with Dependants
Ontario Student Opportunity Grant
Queen Elizabeth II Aiming for the Top Scholarship Millennium Bursary
Canada Access Grant for Students with Permanent Disabilities

Use the links to obtain further information about the Canada/Ontario student loan process.
Financial assistance is available to qualified applicants. To determine your eligibility, please arrange an appointment with our Financial Aid Officer by us at (416) 296-8860 ext. 223 or email: admin@tipt.com. There are a number of financing options available to you. Some of the most common ones are summarized here for your convenience.

PRIVATE PAYMENT PLANS

TIPT has a flexible payment plan option designed to accommodate your personal financial ability. Students may pay by installments and we accept cash, cheques, or money order. Tuition fees are tax deductible. Official tax receipts issued by TIPT can be obtained at the Admissions Office.

Bank Lines of Credit

Your financial institution may offer options for you to fund your program. Various banks can provide Student Lines of Credit at competitive rates of interest. Different banking 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. Please contact our Financial Aid Officer for details on some of the banks that TIPT students are using.

Some banks include:

Brain Money ® Bank of Montreal
TD Canada Trust Student Line of Credit ®
Royal Credit Line ® for Students

GOVERNMENT SPONSORSHIP

There is a number of government programs designed to help students find the funding required to gain the necessary job skills. Exact program details and criteria change depending on the sponsoring government, and it is advisable to consult a training counselor at one of the government agencies such as Human Resources Development Canada to get specific details relevant to possible funding before signing an enrollment agreement at any college. Some links are provided below for your assistance.

HRSDC - Skills Development
WSIB - Labour Market Re-Entry
Indian and Northern Affairs Canada - Post Secondary Education Program

GOVERNMENT SPONSORSHIP

Investing in your future is vital to achieving your goals. The most effective way to achieve these goals is to create a sound financial plan for your education. Below are some tools to help you accomplish this:

BMO Student Budgeting Calculator
TD Canada Trust Student Budget Planner
RBC Loan Repayment Calculator

Our Financial Aid Office can also assist you in developing your budgeting plan. Contact admin@tipt.com

Refund Policy

ONTARIO STUDENT ASSISTANCE PROGRAM (OSAP) PERFORMANCE INDICATORS

Explanatory Information

Key Performance Indicators (KPI) is a term commonly used in the education sector for performance analysis and surveys conducted annually by an independent body on behalf of the Ontario Ministry of Training, Colleges and Universities (MTCU) to specifically measures how well Ontario colleges meet the needs of students and market place. It measures student’s graduation rates and their respective student loan default rates.

The default rates of students enrolled in specific programs at Ontario colleges is an indirect measure of student’s employment success since unemployed students are generally likely to default in their loan repayments.

Prospective students are encouraged to inspect and compare KPI’s in order to make better and informed decision about career choices, programs, employment and investment in their education

OSAP Performance Indicators Data