Financial Incentive

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Administered by:

Apprenticeship Incentive Grant (AIG)

Taxable cash grant of $1,000 per year, up to a maximum of $2,000 per person, available to registered apprentices once they have successfully finished their first or second year/level (or equivalent) of an apprenticeship program.
*Note: There is an application deadline period.

www.edsc.gc.ca

Apprenticeship Completion Grant (ACG)

Taxable cash grant of $2,000 maximum available to registered apprentices who have successfully completed their apprenticeship training and obtained their journeyperson certification in a designated trade on or after January 1, 2009.
*Note: There is an application deadline period.

www.edsc.gc.ca

Apprenticeship Scholarship from MTCU

A $1,000 cash grant for students who need to upgrade their academic requirements to qualify to register for their trade (upgrading to obtain the academic requirements for apprenticeship program).

www.tcu.gov.on.ca

While Attending In-Class Training

Employment Insurance (EI) for Apprentices in School Training

Apprentice’s may be eligible to collected EI while participating with in-class training. EI Fast track codes are provided to the apprentice in the letter of acceptance for in-class training.

www.esdc.gc.ca

Support for Non-EI Qualified Apprentices in School Training

A financial incentive for apprentices who DO NOT qualify for EI. The apprentice will need to acquire a letter from Service Canada stating they were not eligible for EI before  applying. If approved, this funding comes at the end of the in-class training.

www.tcu.gov.on.ca

In-School Financial Support

The Ministry of Training, Colleges & Universities offers potential funding support for the following:

➜ Dependent Care

➜ Travel (certain distance away from in-class training)

➜ Living Away from Home (only when required)

These funding supports are presented by the MAESD to the apprentice during their first day of in-class training. If you would like more information, please contact the MTCU

Apprenticeship Scholarship, Landscape Ontario

Five, $600 scholarships, for students in the horticulture apprenticeship program at an accredited college or university across Ontario. Application deadline – June 30, 2016

www.horttrades.com

Loan

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Loans for Tools Program

The Loans for Tools program offers new apprentices a loan to help them buy the tools and equipment they need to perform the trade in which they are registered.

www.tcu.gov.on.ca

Canada Apprentice Loan

The Apprentice can apply for up to $4,000 in interest-free loans per period of technical training. The money will be available to you to help pay for tuition, tools, equipment and living expenses, to cover forgone wages or to help support your family.

www.pca-cal.ca