Education Makes You a Better, More Interesting Person. Education is an effective way to experiment with your hobbies, interests, preferences, skills, and ambitions. This comes with financial liability for the tuition fees involved to upgrade your skills.

Fortunately, we at MLC College of Business Technology and Healthcare have a dedicated team to assist students with financing their education.

There are many payment options available to MLC College students.

A brief description of some financing options available is outlined below.

Financial assistance may be available for those who qualify. Please contact us for more details regarding Financial Assistance.

Better Jobs Ontario (formerly Second Career)

Second Career provides laid-off workers with

  • Skills training to help them find jobs in high-demand occupations in Ontario

  • Financial support

  • To learn more about Better Jobs Ontario, read the information on this webpage and contact an employment service provider in your area.


You can apply for up to $28,000 for costs, including:

  • Tuition

  • Books

  • Other instructional costs, including student fees, supplies and electronic devices

  • Transportation

  • Basic living allowance (up to $500 per week)


Additional funding may be available for:

  • Childcare

  • Disability-related supports

  • Living away from home

  • Literacy and Basic Skills (LBS) and/or language training


Length of training programs

Better Jobs Ontario aims to help you rejoin the workforce quickly. That's why the program focuses on training programs that take 52 weeks or less to complete, including micro-credential programs.

Student loan by Windmill Microlending

Windmill

Windmill Microlending /Le Moulin Microcrédits works to reduce poverty, inequity and labour shortages by offering affordable loans to empower skilled immigrants and refugees restart their careers in Canada. Our vision is to ensure skilled newcomers are equitably integrated into the workforce while contributing their expertise to Canada's economic and social success. We are the country's only national charity providing financial support to new Canadians to achieve their accreditation, licensing and professional development goals. Funded by both the public and private sectors, Windmill/Le Moulin converts newcomer potential to prosperity

Out-of-Province Students

Students from provinces outside of Ontario may also qualify for loans, scholarships, bursaries and grants administered by their provincial Student Financial Assistance Offices.

Student Lines of Credit

Most major banks and credit unions offer student lines of credit to finance post secondary education. Please visit your financial institution to find out more information.

Lifelong Learning Plan

The Canada Revenue Agency Lifelong Learning Plan (LLP) allows you to withdraw amounts from your RRSPs to finance your education.

RESP

Students who have been named a beneficiary under a family members Registered Education Savings Plan (RESP), may use funds from the RESP to finance their education

Employment Ontario

The Canada Revenue Agency Lifelong Learning Plan (LLP) allows you to withdraw amounts from your RRSPs to finance your education.

Monthly Payment Plan

A monthly payment plan can be arranged through our admissions department.