Student Financial Options
I’ve made my decision and want to attend
Mactech.
Now, where do I get the money?
This is a common question for students - especially students who have other financial, employment and family
commitments. Most people do not have a large savings account that they can use to pay for their education.
So where do you start?
Depending on your circumstances, you may
qualify for financial assistance through one of the
many organizations listed here that have funded
Mactech students.
If you need help, or have questions about what
finance options could be available to you, call us! 1-888-622-8324.
We will be happy to review your current situation and discuss potential options or
programs for funding.
Canada Student Loan
If you decide to apply for a Canada Student Loan, you will receive
in-depth information and counseling from the team. We will
discuss the many benefits and responsibilities in an effort to
help our graduates meet their obligations.
Some of the Benefits
- There are no payments while in school
- Six month grace period after graduation before payments start
- Repayment Assistance Program - pay what your income allows
- Low borrowing rates and tax relief for Interest payments
- Revision of Terms - work with the lender to negotiate a lower
payment
Responsibilities
- This is a loan and like any other loan, you must repay the lender
- Know when, where and how to make your payments
- Stay in contact with the lender and inform them of any changes
in your circumstances.
Important info on Debt Management:
So... you've got a student loan.
(Quick Facts and links for your province)
What
if I have trouble paying back my Loan?
The Repayment Assistant Plan (RAP)
Revision of Terms, Assistant Plan for
Borrowers with a Permanent Disability, and Permanent Disability Benefit