Do you need financial support to pay for the costs of your training, micro-credential or diploma from IBT College? Our partner, Windmill Microlending, can help you.
Windmill Microlending is a Canadian charity offering affordable loans to immigrants and refugees to help them pay for the costs of education, training, accreditation, certification, designation, language and professional development courses in Canada. No Canadian credit history required.
What is a microloan?
A microloan is a loan of a smaller amount offered to individuals without or with limited Canadian credit history. A microloan from Windmill Microlending, of up to $15,000 (Canadian dollars), can be used to pay for things like tuition fees, qualifying exam costs, text books, professional association fees, costs associated with licensing or accreditation, supplies and living expenses while you study.
How to find out if you are eligible for a Windmill microloan
Complete Windmill’s two-minute online eligibility quiz, found here: https://windmillmicrolending.org/applicants/eligibility/
Who is eligible for a Windmill microloan?
To be eligible for a Windmill loan, you must be an immigrant and an internationally-trained individual living in Canada on a permanent status. Internationally-trained individuals must have completed post-secondary education outside of Canada and/or have a minimum of one year of post-secondary work experience before coming to Canada.
Whether you intend to work in the same field you trained in outside of Canada, or you wish to apply your transferable skills to a new career, you must demonstrate that you have a Career Success Plan that requires funding. You must not have an undischarged bankruptcy or a consumer proposal that has been active for less than 6 months. You can check your eligibility by doing our two-minute eligibility quiz.
