There are many financial options available to NWCAV students attending full-time school. Here are a few:
NWCAV Tuition Plan (Based on New Tuition Prices in effect August 1, 2011)
First tuition installment $5,000 for Canadian students or $6,000 for international students + extra fees (uniform, toolkit and textbooks) are due immediately upon receipt of your letter of acceptance (or 60 days before the start of classes). Note: your position in your chosen class is not guaranteed until this payment is received. Your acceptance letter will include a complete breakdown of fees due including all applicable taxes.
First tuition installment of $5,000 for Canadian students or $6,000 for international students + extra fees (uniform, toolkit & textbook) is due on or 60 days before start of class. Balance tuition of $3,450 to be paid on first day of class without incurring installment fees.
* One year students for term 2 will pay the first tuition installment of $3,500 for Canadian students or $5,000 for international students + extra fees (toolkit & textbook) on or 60 days before start of term 2. Balance tuition of $3,450 to be paid on first day of term 2 without incurring installment fees.
First tuition installment of $5,000 for Canadian students or $6,000 for international students + extra fees (uniform, toolkit & textbook) is due on or 60 days before start of class. If paying by installment (Option B) a 10% fee will apply to each installment made thereafter as follows:
Due on or before day 1 of 1st term: 2nd tuition installment of $1,150 + $115 = $1,265
Due on or before day 10 of 1st term: 3rd tuition installment of $1,150 + $115 = $1,265
Due on or before day 20 of 1st term: 4th tuition installment of $1,150 + $115 = $1,265
* One Year Students: Pay 2nd term tuition by installment
Term 2 first tuition installment of $4,000 for Canadian students or $5,000 for international students + extra fees (toolkit & textbook) is due 60 days before start of term 2.
Due on or before day 1 of 2nd term: 5th tuition installment of $1,725 + $173 = $1,898
Due on or before day 10 of 2nd term: 6th tuition installment of $1,725 + $173 = $1,898
All payments must be secured by the first day of class by post-dated cheques drawn on a Canadian bank, pre-authorized Visa or MasterCard. Further details can be found in the Application for Admission.
We are offering a total of 4 $1500 scholarships for the April 2013, September 2013, and January 2014 terms. Scholarships are applicable towards the Professional Culinary or the 1 Year Professional programs only. Entries to Les Dames are due February 28, 2013. Visit http://lesdames.ca/ for more details.
Les Dames d'Escoffier
The completion grant will be offered to apprentices who complete their training, become certified journeypersons in a designated Red Seal trade and who obtain either the Red Seal endorsement or a provincial or territorial Certificate of Qualification.
The BC Chapter Scholarship Committee of Les Dames d'Escoffier International is an administrative body that annually awards scholarships to women desiring to establish or further a career in the fields of food, wine, hospitality, nutrition, food technology, the arts of the table and other fields as they relate to these disciplines. Awards are based on merit and ability and will vary from year to year. These scholarships are offered to women of all ages who are keen to begin basic training in these areas and to women already skilled in these fields, who seek to refine their expertise. Applicants must be B.C. residents. For more information, please visit http://lesdames.ca/scholarship
The Apprenticeship Incentive Grant (AIG) is a taxable cash grant available to registered apprentices once they have successfully completed their first or second year/level (or equivalent) of an apprenticeship program in one of the Red Seal trades.
The Apprenticeship Completion Grant (ACG) is a $2,000 taxable cash grant designed to encourage apprentices registered in a designated Red Seal trade to complete their apprenticeship program and receive their certification.
NWCAV Annual Jr. Black Box Competition
Every July NWCAV hosts an open Black Box competition for British Columbian high school seniors or recent graduates 19 and younger. Up to 6 scholarships of $3000 each are awarded each year. Space is limited. Register early for your chance to compete & win. Contact us for more information.
Canadian & Provincial Student Loans
NWCAV is accredited with the Private Career Training Agency of BC and financial assistance is available for eligible, full-time students, who are Canadian citizens or landed immigrants. Students should apply for loans through their province of residence.
Residents of BC can apply online through the BC Student Assistance Program / Ministry of Advanced Education:
You will need some documentation from NWCAV in order to complete your loan application.
Student Line of Credit
Many banks & other financial institutions will grant their clients a student line-of-credit in order to attend full-time school. Credit limits & terms will be determined privately between the student & bank, and will vary depending on your credit history & other parameters. For more information, please visit your financial institution.
Lifelong Learning Plan (RRSP)
The Canada Customs & Revenue Agency allows eligible students to withdraw tax-free funds from their RRSP in order to attend school. Withdrawals are repayable over a 10 year period.
For details please visit: http://www.cra-arc.gc.ca/tx/ndvdls/tpcs/rrsp-reer/llp-reep/menu-eng.html
Registered Education Savings Plan (RESP)
Students may be eligible to withdraw RESP funds in order to attend NWCAV. For more information please visit
BC Passport to Education
BC High school students in grades 10-12 may be eligible for financial rewards from the BC Ministry of Education which can be applied to their post-secondary studies. Please visit the following website for more information:
Students may be eligible for retraining/educational upgrading financing through Human Resources Development Canada (HRSDC or EI), WCB or ICBC. If you are dealing with any of these organizations, you may wish to enquire whether you are eligible for this type of assistance. For more information on HRSDC funding please visit http://www.servicecanada.gc.ca/eng/goc/careertransition.shtml