Accessing Our Canada Student Loans as an International Student - Your FAQs Answered

Vertex Bridge Consulting has entered into a strategic partnership with Passage Inc. aimed at facilitating loans for prospective international students, effectively bridging the gap between aspirations and reality.

Passage Inc., a prominent Canadian firm, specializes in providing loans for international students pursuing diploma and postgraduate certificates in STEM, healthcare, and skilled trades in collaboration with George Brown College.

Qualified international students who qualify for the loans will receive a Proof of Financial Support letter, that can be used for Canadian Study Permit applications.

Why these loans?

The goal is to bridge the funding gap faced by many international students and make it possible for them to access world-class education.

What programs of study qualify?

Undergraduate Diploma (2 years)

1.      Computer Systems Technician

2.     Electromechanical Engineering

3.     Mechanical Technician – CNC and Precision Machining

4.     Construction Engineering Technician

5.     Heating, Refrigeration & Air Condition Technician

6.     Carpentry & Renovation

7.     Behavioural Science Technician

8.     Health Office Administration

9.     Health Information Management

10.  Dental Office Administration

11.    Food & Beverage Management

Postgraduate Certificate (1 year)

1.      Mobile Application Development & Strategy

2.     Cloud Computing Technologies

3.     Block Chain

4.     Cyber Security

5.     Applied AI Solutions Development

6.     Food Tourism Entrepreneurship

Why these programs?

The programs have been selected to address Canada's labor shortages and support ambitious students in achieving their academic and professional goals.

What does the loan cover?

The loans cover full tuition fees and living expenses. It can also be configured to suit student’s needs.

What are some of the key requirements?

After the student has been accepted into the program, the student must pay about 25% of the required loan amount to the school as a tuition fee deposit. The amount is also classified as collateral towards the loan.

Why is the tuition fee deposit/collateral important?

It is important to secure a seat on the program and also underscore the student’s commitment to the program.

What happens to the tuition fee deposit?

The tuition fee deposit is used to offset part of the loan by spreading it to cover the loan repayment period.

How many years do I have to pay the loan?

Students have between 5 – 7 years to repay the loan depending on their course.

When does repayment start?

Repayment is done monthly, and it starts one month after the student has enrolled in school.

Can a student pay off the loan earlier than the repayment period?

Yes. Early repayment does not incur any penalties.

What happens if a student is refused a visa?

The tuition fee deposit/collateral will be refunded in full.

What other advantage does the loan offer?

It helps build the student’s credit history in Canada, making the student creditworthy.

Ready to apply? Contact us via info@vertexbridge.ca Whatsapp: +1905-904-3317 or through any of our social media channels.