Financial Support for Apprentices

While you complete your apprenticeship training at FTI, you may be eligible for funding and supports through the federal and provincial government programs.

Apprenticeship Grants

Canada Apprentice Loan

Starting January 2015, 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 pay for tuition, tools, equipment and living expenses, to cover forgone wages or to help support your family. Learn more.

Apprenticeship Completion Bonus in Non-Red Seal Trades

This completion bonus is a taxable cash grant of $2,000. The grant is available to registered apprentices after they successfully complete their apprenticeship training and obtain their Certificate of Apprenticeship and, where available, their C of Q in any Ontario non-Red Seal trade, on or after April 1, 2009.

RESP Proceeds

Apprentices when in school (and potentially when working on the job) may be eligible to receive funds from RESP programs. Apprentices should check with their RESP administrator to inquire about accessing funds from their account.

Support Allowance

This is provided by the Province of Ontario and is a targeted benefit for apprentices attending in-school apprenticeship training. The benefit is variable depending on the specifics of each apprentice. Allowances may include travel, living away from home, daycare, etc.

New! Ontario Tools Grant

As announced on May 22, 2020, the Ontario government has offered new eligible apprentices a non-repayable grant of $600 to purchase the tools/equipment/PPE they need to start their careers.

To be eligible for the new grant, apprentices must have:

  • completed level 1 training on or after April 1, 2020;
  • an active registered training agreement; and
  • been registered as an apprentice for at least 12 months.

Apply at https://www.eoss.tcu.gov.on.ca/AOL/grants/tools_grant/start

Apprentice Education Fund (AEF)

For union affiliated apprentices, their collective agreement requires apprentices to contribute $1.00/hour for every worked hour from their after tax pay. This is deducted from their pay and submitted by their employer which is held in trust. Apprentices collect these funds when attending apprenticeship schooling. The program ends when the apprentice graduates from advanced level school.

For more information regarding grants please click here.

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