Canadian Financial Aid

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FINANCIAL AID OPTIONS FOR CANADIAN STUDENTS



Most major banks in Canada (Scotia, NBC, RBC) offer lines of credit for students studying outside Canada. These educational lines of credit are specifically designed to fund the costs associated with the student’s studies.


For students studying outside of Canada, most lenders will require a credit worthy co-signer in order for the student to obtain an approval. Approvals are made at the discretion of the local branch where the application is submitted. Students are advised to apply at the location they and/or their co-signers conduct most of their banking transactions. Credit-based loans and lines of credit are typically approved for students, and their co-signers who have a good credit rating.


Accepted students should provide the bank with a copy of their letter of admissions along with a print out of the UMHS IMED directory listing and the CaRMS Eligibility Criteria.

 

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PROVINCIAL STUDENT LOANS

 


In accordance with Canadian law, an international medical school must be in operation for ten years before an application can be submitted and a designation code assigned to award funding. The inaugural class matriculated at UMHS on May 12, 2008.


Starting in the Spring of 2018, all Canadian students are encouraged to apply to the Ministry of Education in their Province of permanent residency, for institution and program review. The process and form tittles may vary slightly from Province to Province.

 

Please visit the website for your home province for the appropriate applications by clicking the link below:


Click Here for Provincial and Territorial Student Loan Information

 

Alberta:  

The MD program at UMHS has been approved for Designation in Alberta

For information and to apply, please visit the Student Aid website: https://studentaid.alberta.ca/

 

British Columbia: 

Designation application pending


Manitoba:

Click here to apply using the paper application


Nunavut: 

Information to come


Newfoundland: 

Information to come


Northwest Territories: 

Awaiting further directive from The Department of Education, Culture and Employment


Nova Scotia:

Designation application is initiated by student application. Submit your applications on line at:

https://novascotia.ca/studentassistance/Apply/


Ontario:

Awaiting Designation status. Please complete a  Request for Institution/Program Approval form.


Quebec:

There are no provincial aid programs for students studying medicine outside of Quebec


Saskatchewan:

Designation application is initiated by student application. Submit your applications on line at: www.saskatchewan.ca/studentloans


Yukon: 

Information to come

 

 

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