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Currently, BC has a government sponsored plan that provides loan assistance to qualified full-time students. The type and amount of assistance usually varies depending on your individual circumstances. If you choose to fund your education through student loans, it is the college policy to apply all loan payments toward the tuition balance until the tuition and other costs are paid in full. This policy is subject to provincial regulation. Loan amounts that exceed tuition fees will be distributed directly to the student.

The Royal Credit Line for Students is different from a traditional loan in that it lets you borrow funds as you need them, and only pay the interest on the amount you use, without ever having to reapply. You get all the convenience and benefits with no annual fee.

As a student, you may qualify for one of RBC's best rates - Prime + 1%, which applies when you are at school and for a 12 month grace period after graduation. Further information about financial assistance is available from the Financial Representative at your nearest campus.

There may be other forms of financial aid available to you. Depending on your circumstances, you may be eligible for specific government grants and bursaries. Additionally, you may be eligible to receive funding through a government-sponsored agency such as the Department of Employment and Social Development Canada (ESDC) or WorkSafe.

If you have questions about funding your education, each VCC College has a Financial Advisor who can provide information about the various options available to you. Additionally, your Financial Advisor will also assist you with completing your application for whichever funding option you choose.