Financial Aid & Payment Options

Invest in Your Future at Cumberland College

At Cumberland College, we believe that financial constraints should not be a barrier to achieving your educational and career goals. We are committed to providing students with a variety of financial aid options, flexible payment plans, and guidance to help you find the best way to fund your education.

Financial Aid & Assistance Options

1. Government Student Loans & Grants

Eligible students can apply for government financial aid programs, which include loans and grants designed to help cover tuition fees, books, and living expenses.

  • StudentAid BC (for British Columbia residents)

  • Canada Student Loans and Grants Program

  • Provincial/Territorial Assistance Programs (for students from other provinces)

Our admissions team can guide you through the application process and ensure you meet all requirements.

2. Scholarships & Bursaries

We offer a range of scholarships and bursaries to support students with outstanding academic achievements, financial need, or unique circumstances. Some options include:

  • Merit-Based Scholarships – Awarded based on academic excellence.

  • Financial Need Bursaries – For students facing financial hardship.

  • Community & Industry-Sponsored Awards – Partnered with organizations that provide additional funding.

3. Interest-Free Payment Plans

To make tuition more affordable, Cumberland College offers flexible monthly payment plans. These plans allow students to spread tuition costs over manageable installments, interest-free.

4. Employer & Union Sponsorships

Many employers and unions offer financial support for continuing education. If you are currently employed, speak with your HR department about possible tuition reimbursement or sponsorship opportunities.

5. Private Student Loans & Lines of Credit

Several banks and credit unions offer student loans or personal lines of credit to help cover tuition and expenses. We recommend speaking with your financial institution to explore your options.

6. Indigenous & Specialized Funding Programs

Indigenous students may be eligible for financial support through various federal and provincial programs, including:

  • Indigenous Skills and Employment Training Program (ISET)

  • Band or Tribal Council Funding

Additionally, students with disabilities may qualify for government grants and support services.

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3. Interest-Free Payment Plans

To make tuition more affordable, Cumberland College offers flexible monthly payment plans. These plans allow students to spread tuition costs over manageable installments, interest-free.

4. Employer & Union Sponsorships

Many employers and unions offer financial support for continuing education. If you are currently employed, speak with your HR department about possible tuition reimbursement or sponsorship opportunities.

5. Private Student Loans & Lines of Credit

Several banks and credit unions offer student loans or personal lines of credit to help cover tuition and expenses. We recommend speaking with your financial institution to explore your options.

6. Indigenous & Specialized Funding Programs

Indigenous students may be eligible for financial support through various federal and provincial programs, including:

  • Indigenous Skills and Employment Training Program (ISET)

  • Band or Tribal Council Funding

Additionally, students with disabilities may qualify for government grants and support services.

How to Apply for Financial Aid

  1. Determine Eligibility – Review available funding options and eligibility criteria.

  2. Prepare Documents – Gather necessary documentation, including proof of income, enrollment details, and personal identification.

  3. Submit Applications – Apply for government loans, scholarships, and bursaries before deadlines.

  4. Consult with Our Advisors – Our Financial Aid Office is available to assist you with applications, payment plans, and budgeting advice.

Why Choose Cumberland College?

  • Personalized financial aid assistance

  • Flexible payment options to suit your budget

  • Scholarships and bursaries available for eligible students

  • Expert guidance on government funding and private loans

Our goal is to make education accessible and affordable so you can focus on your future without financial stress.

Contact Us For more information about financial aid and payment options, speak with our Financial Aid Office today.

📍 Vancouver / Surrey Campus
📞 604-532-2105
📧 infobc@cumberland.college