Financing Your Education
The Victoria School of Business and Technology Inc. is a Registered private school (#3010) and is able to accommodate several financial assistance options.
Some of the options available include
- EI (Employment Insurance) - we are EI friendly.
- Reachback (if you have been on EI within the last 3 years this program may be for you).
- Do you qualify for HRSDC (Human Resources Development Canada) help? You can check here to see if you qualify for HRSDC or EI funding. http://www.hrsdc.gc.ca/en/home.shtml
- Are you being retrained by the DND or through another re-training facility?
Tuition prices and all other fees are in effect until August, 2008.
Scholarships
Some students may be eligible to apply for scholarship support. You must first be enrolled in one of our courses and have made an initial down payment in order to be considered for scholarship support.
Payment Options
Certified Cheque or Money Order: Made payable to The Victoria School of Business and Technology.
Visa & MasterCard: Visa and MasterCard are accepted at all campuses for full program payment.
Wire Transfer: Speak with one of our Advisors for banking information.
Student Aid
VSBT prides itself in providing you the student with the the most job-ready education availalble. Only as a Registered (#3010) Institution can we update our courses immediately to keep in real time step with software and technology updates. In contrast, an accredited instituion first requires layers of time consuming bureaucratic government approvals to update its courses.
The "cost" of our choice to operate as a Registered Institution is having effectively opted out of the Canada Student Loans Program. In response to this VSBT has provided its own Student Aid as outlined below for Canadian Students with a demonstrated financial need.
- Extended Payment Plan: Students may apply to make monthly payments. VSBT will extend payments over the length of the program subject to the applicant being approved by Admissions and OAC.
- Student Loan: VSBT will defer, interest free, payment of some, or all your tuition until 6 months after you graduate, or are employed whichever occurs sooner. At the end of the deferral period the outstanding balance will draw interest at Bank Prime +2% and be amortized over 18 to 36 months; exact period to be arranged in advance. The interest rate will not be floating but instead will be locked in at whatever Bank Prime +2% is on the last day of the deferral period.
