When you take time away from working to further your training and education, financial stress is the last thing you should worry about. With over 14,000 apprentices at NAIT, Financial Aid is here to help.
To be considered for Employment Insurance (EI) benefits while attending technical training, apply online at Service Canada as soon as you stop working.
An apprentice reference code will be required by EI to continue your eligibility while in school. The apprenticeship reference code for students enrolled in the 2015/16 academic year can be found on your enrollment letter on your MyTradesecrets Profile.
Effective for the 2016/2017 apprenticeship intakes, which applies to Fall 2016 forward, the Employment Insurance code will be available on your enrolment confirmation letter from AIT, which is communicated through your MyTradesecrets Profile.
Apprentices can call 1-800-248-4823 (in Alberta) or visit Service Canada.
Student Aid Alberta
Apprentices can now apply for loans and grants through Student Aid Alberta if you are attending a designated technical training program in Alberta, including part-time funding for Weekly Apprenticeship Training (WATs) or Distance Delivery.
To find tuition and fee information to assist you in completing your application please see NAIT Tuition and Fees.
Canada Apprentice Loan
The Canada Apprentice Loan is an initiative of the Government of Canada to help complete your apprenticeship in a designated Red Seal trade (Block training only). You 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 with tuition, tools, equipment and living expenses, to cover forgone wages and to help support your family.
Apprentice Training Award
The Apprentice Training Award is a $1,000 financial award for registered apprentices who are unemployed in their trade and attending second, third or fourth period technical training at an approved technical training provider in Alberta, on or after August 1, 2016. This award helps reduce financial barriers and supports apprentices to progress towards their journeyperson certification. Further details on the application process will be announced in January 2017. Learn more.
Apprenticeship Completion Grant
The Apprenticeship Completion Grant (ACG) is a taxable cash grant of $2,000. This Grant helps registered apprentices who have completed their training to become certified journeypersons in designated Red Seal trades.
Apprenticeship Incentive Grant
The Apprenticeship Incentive Grant (AIG) Is a taxable cash grant of $1,000 per year, up to a maximum of $2,000 available to registered apprentices once they have successfully finished their first or second year/level (or equivalent). This Grant helps registered apprentices in designated Red Seal trades get started.
As an apprentice, it's hard enough juggling work and school. Why add worrying about paying for your education? With ATB's line of credit designed for apprenticeships, you won't have to. Learn more.
Scotiabank has line of credit options for apprentices to help fund their training and education. Learn more.
You can apply for awards that recognize your outstanding achievements, academic excellence, athletic program participation, extracurricular activities, leadership, involvement in the community or campus life, and/or financial need. Various types of awards are available, including scholarships, bursaries, awards, and prizes. Learn more.
For other options, review additional funding.