Archive for November, 2010

Plenty of funding for PCC students

Going to a post-secondary institution can be a challenge, and finding the right college or program leads to finding the resources to make it happen.

The Ontario Student Assistance Program (OSAP) offers loans to students while Second Career funding pays for retraining; these are some of the way students are receiving funding from the provincial government to complete their studies.  Workplace Safety and Insurance Board (WSIB) also has funding available for retraining injured workers in Ontario.

Additionally, there are many bursaries, grants, contests, awards, government and bank loan options available to students looking to help fund their education at a private career college.

Bank loans or lines of credit often offer low interest rates during the study period, where no payment on the principal of the loan is required. These loans also can offer periods after graduation where interest-only payments continue. Visiting a bank will help students understand the types of loans available and what might work best for their personal need.

Some funding options require students to pay back a portion or all of the money loaned, such as OSAP and bank loans, but students can now use the web and other resources to find programs and awards with no payback requirement giving students a low-cost or no-cost education.

 

College sponsored scholarships

Grade Learning is hoping prospective students will like them on Facebook for a chance at one of 5 scholarships the private career college is offering. People who “like” the Grade Learning Facebook page can then apply for scholarships of $5000, and share with friends to increase their chance of winning.

Speaking about using the social media platform to give away scholarships, Grade Learning CEO Michael Bateman said, “It was a way for us to build our Facebook presence, to attract individuals that have a need for retraining.”

“Think of how often people are on Facebook and get nothing from it. It’s just a social place to be. With this it’s a nice opportunity,” Bateman said.

This new generation of promotion will allow more people to hear about and share the scholarship with a variety of friends, in turn giving them the chance of funding their own education.

“The idea is an individual can produce their own scholarship almost,” Bateman explained.  “If they apply for the scholarship and direct people to the Facebook page, they give themselves a good shot at getting a scholarship.”

 

BTH Education in Mississauga is another private career college offering a helping hand to students. BTH Education offers a bursary for full tuition coverage and 75 percent tuition coverage to students interested in the IT Engineering Diploma.

“We are offering these bursaries in an effort to build up and contribute to the community and city that we operate in,” said Louis Barnard of BTH Education.

Students can visit the college website and apply using the bursary application form.

Other career colleges may offer scholarships to students interested in attending their schools. For more information students should contact the colleges directly.

 

External Scholarships and awards

There are many websites geared towards connecting students to specific awards. Studentawards.com, MySchool.com, ScholarshipsCanada.com, and WorkInfoNet.ca are just some of the websites available to students looking for awards, grants, bursaries and scholarships. Students can also contact the financial aid office at their prospective career college and inquire about scholarship opportunities.

LINKS

Private Career Colleges in Ontario – ontario.ca/PCC

Ontario Student Assistance Program (OSAP) – osap.gov.on.ca

Other government education funding options  - www.canlearn.ca

Second Career - ontario.ca/secondcareer

Workplace Safety and Insurance Board of Ontario – www.wsib.on.ca

 

 ABC’s of funding

Awards are given on the basis of achievements, including but not limited to academic, community involvement, or research. Awards can be comprised of a monetary prize, trophies, certificate or medal.

Bursaries are scholarships that are generally based on need rather than merit.

Contests involve applicants submitting entries and the winners are chosen by a judge or panel. Some contests do not have judging criteria and the winners are selected through random selection.

Grants are funds provided for a specific purpose. Some grants are for helping students based on income or abilities. Other grants are to fund books, technology or travel to and from school.

Scholarships are a sum of money or other aid given to a student to pursue post-secondary studies. This type of funding may be based on a variety of criteria including: academics, geographic location and financial need.

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Take The Career College Challenge: High School Edition

Express why Ontario’s registered private career colleges are a good option when considering post-secondary education, and the benefits of career education.

Show us what you’ve got in a poster or 30 second video and you could win an Apple iPad or iPod Touch!


For more information about the contest, release forms and to enter, visit oacc.ca/contest
Contest opens November 1, 2010.

For more information about registered private career colleges and program offerings, visit ontariocollegesearch.ca

Contest is open to students in grades 9 through 12 attending secondary schools in the province of Ontario.

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The earning gap widens: are you ready to make the leap?

“Seven out of 10 new jobs created over the next decade will require a postsecondary credential,” said John Milloy, Minister of Training, Colleges and Universities. “A well-trained and highly skilled workforce will be essential to Ontario’s continued success in the knowledge-based economy.”

A new report by the Higher Education Quality Council of Ontario shows the earning gap between high-school graduates and post-secondary graduates has nearly doubled in the last 20 years.

As the earnings gap widens, students should ask themselves – am I ready to make the leap?

Ontario’s registered private career colleges have been providing post-secondary training for over 140 years. The private career college sector is well equipped to handle the influx of students and new career fields. Career Colleges can quickly adjust to meet the needs of the economy.

While the Canadian economy restructures, a creative and highly educated work force is crucial, making post-secondary credentials all the more important. Post-secondary education doesn’t have to mean a university degree or college diploma – shorter, more career focused diplomas from Ontario’s registered private career colleges provide students with the skills needed to succeed.

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What’s Your Passion?

No matter your passion, Ontario’s registered private career colleges have something for you. Art, design, business, environment, trades or healthcare – there really is something for everyone.

Sarah Alty chose a registered private career college to pursue her career in graphic design. After a brief career in interior design, she decided it was time for a change.

 “It was a great job, but at the end of the day I still wasn’t satisfied,” she said. “I was always happiest when I was asked to prepare visual presentations for clients.”

 This realization jump-started Sarah’s transition into graphic design. Sarah chose a registered private career college because of the career focused training, small class sizes and flexible schedules.

Sarah was one of the winners of The Career College Challenge in early 2010. Sarah’s creative flair made her an easy choice to design the contest poster for The Career College Challenge: High School Edition – a contest open to high school students in Ontario.

The job market is quickly changing and career colleges are the best at keeping up with emerging employment trends.

With program lengths often less than community college equivalent programs, students at registered private career colleges are trained in intense hands on programs and working in their chosen field sooner than their collegiate counterparts.

Whether you enjoy the satisfaction of completing a project, cooking an exquisite meal or assisting in the health of others – registered private career colleges have a program for you.

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