FUNDING SOURCES
Tuition funding sources for our programs are numerous. Contact our admissions registrar to find the one that is right for you.
- Financial Aid
- Financial Assistance through Employment Insurance
- Bank Loans and Student Lines of Credit
- WorkBC
- Indigenous Funding
- Opportunities Funding
- Aging out of Foster Care
- Scholarships
- Bursaries
- Grants
- Advanced Payment Tuition Credits available through Canada Revenue Agency
- Easy payment plans
PROVINCIAL & FEDERAL FINANCIAL AID PROGRAM
Financial aid provides financial assistance in the form of loans and grants to post-secondary students who demonstrate financial need. You may be eligible for a $4,000.00 in a tuition grant for full-time studies and/or a $1,500.00 grant for part-time studies. Apply today!
If you will be applying for financial aid, you should consider early registration in order to reserve your space for the next start date and to allow enough time for processing. Provincial or federal funding assistance generally requires an extra four to six weeks to ensure that your application is processed and complete. Please contact our admission registrar for online application assistance.
FINANCIAL ASSISTANCE THROUGH EMPLOYMENT INSURANCE (EI)
Financial assistance may be available for persons receiving employment benefits. These programs are only available for Canadian citizens and permanent residents. There are many categories of funding and some of them are explained below in brief and the links will take you directly to the web page.
Skills Development - The skills development program provides a negotiated amount of financial support for skills training with employment insurance (EI) for eligible individuals through Service Canada.
Please visit http://www.servicecanada.gc.ca/eng/epb/ebsm/index.shtml for more information.
LIFELONG LEARNING PLAN (LLP)
The Lifelong Learning Plan (LLP) allows individuals to withdraw funds from their Registered Retirement Savings Plan (RRSP) to finance training or education for themselves or their spouse or common-law partner and is provided by Canada Revenue Agency (CRA). Please visit http://www.cra-arc.gc.ca/
POST-SECONDARY STUDENT SUPPORT PROGRAM
The Post-Secondary Student Support Program provides financial assistance to First Nation and Inuit students who are pursuing post-secondary education and is available through Indian and Northern Affairs Canada (INAC).
Please visit http://www.servicecanada.gc.ca/
FRIDA PAULINA NORGREN & ESTHER MARIA PLANTARE ENTRANCE MEMORIAL BURSARIES
Frida Paulina Norgren and Esther Maria Plantare, the grandmothers of Kosmetae’s founder and President, Kristina Norgren, were instrumental in introducing education to the largely rural town of Överboda, Sweden. As the first and third school teachers of their small northern town, both women were highly community minded and concerned with both the educational needs and the social well-being of those around them. It is in the spirit of illuminating young minds that Kosmetae Academy is pleased to offer the Frida Paulina Norgren and Esther Maria Plantare Entrance Memorial Bursaries.
The bursary is a non-repayable award that is designed to help fill unmet need which is the difference between one’s assessed financial need and available government assistance.
Eligibility
- You must be enrolled in a full-time program of study at Kosmetae Academy.
- You must have applied and successfully received funding from StudentAid BC.
- You must not be ineligible for government support or commercial lending.
- You must have an assessed financial need for the current academic year.
- You must have a student loan and unmet need.
- You must apply for the bursary within a month of your start date.
- Enrolment must be confirmed on your student loan by the bursary deadline.
- Canadian citizens and permanent residents are eligible.
- Eligible students are also expected to rely on StudentAid BC assistance.
Tuition Refund Policy
A written statement of intent must be provided by the student intending to withdraw and delivered to the President of Kosmetae. Refunds concerning withdrawals are as follows:
Refund Entitlement: (If due is processed at 30 days.) To initiate a refund, written notice must be provided:
- By the student when the student withdraws, or
- By Kosmetae Academy to the student where Kosmetae Academy dismisses the student.
- If written notice of withdrawal is received by Kosmetae Academy, or if a student is dismissed, within 10% of the program of study’s duration, Kosmetae Academy may retain 30% of the total fees due under the contract.
- If written notice of withdrawal is received by Kosmetae Academy, or a student is dismissed, within 30% of the program of study’s duration, Kosmetae Academy may retain 50% of the total fees due under the contract.
- If a student withdraws or is dismissed after 30% of the program of study’s duration, no refund is required.
