10 Reasons why you should use Passage to finance your studies in Canada

One of the biggest challenges many international students face when thinking about studying abroad is finance.

This is where Passage comes in. Passage is a platform that has opened doors for many international students and made it possible for them to fulfill their dreams of studying abroad hassle free.

They make this possible by offering loans of up to CAD $65,000 to international students to study in Canada. Not only this, they also connect international students with related job opportunities through which they can start and grow their career beyond their studies.

And the best part is you do not need to have a collateral, or even a cosigner to qualify. So, if you have been looking for a way to study in Canada as an international student, we have put together 10 reasons why Passage is right for you and why you should consider using Passage to fund your academic dreams.

1. Passage offers up to CAD $65,000 in loan

With up to $65,000 in loan, you can cover your tuition and living expenses for the first year of your studies. This cancels every bit of struggle you would have had to go through to fund your studies. It gives you the opportunity to properly focus on your studies and also settle fully in Canada.

2. Low interest loan with no early repayment penalties

One of the standout benefits of Passage is how affordable their loans are. With competitive, low interest rates, international students can finance their education in Canada without falling into a cycle of overwhelming debt. There are also no penalties if you choose to pay off your loan early.

3. Partners with top Canadian institutions 

Passage works directly with top Canadian universities and colleges.

This partnership also helps make the loan disbursement smoother and faster. Below are three of Passage partners.

1. George Brown College (Toronto): They offer hands on programs in cyber security, computer systems, web development, hospitality, health sciences, etc. Please find more courses here.

2. Niagara College (Ontario): They are known for programs in welding, carpentry, and advanced technology, etc. Please find more courses here.

3. Bow Valley College (Calgary): They offers strong programs in Data Analytics, Health Data Science, Early Childhood Education, Health Care, etc. Please find more courses here.

All supported programs are post graduation work permit eligible, which means you can work in Canada after completing your studies. With these schools already in Passage’s system, loan disbursement is smooth and quick.

4. Help secure admission with partner institutions

Passage doesn’t just offer financing, they also support you in the admission process with their partner colleges like George Brown, Niagara, and Bow Valley. This means you get expert guidance and assistance, making it easier to navigate application requirements and increase your chances of acceptance.

5. No collateral or guarantor needed

Most banks or local lenders will most times require you to present land documents, property, or a wealthy family member to stand as a guarantor for the loan. With Passage, you do not need any of these. You will only be required to drop a certain amount as down payment which is also part of your loan repayment.

6. The process is fast and straightforward

The application process is completely online, with simple step by step process and clear instructions. Once you are offered admission and provide the necessary documents, your loan will be approved in a short time.

7. Repayment is flexible

You do not have to start repaying your Passage loan immediately. Repayment begins a few months into your studies when you have started working and is spread throughout till about two extra years after your graduation. This gives you time to settle properly in Canada.

8. Get matched with careers in high demand fields

One of the biggest advantages of studying with Passage is that the programs they support are closely aligned with Canada’s labour market needs. That means you get matched with careers in sectors experiencing real labour shortages, like healthcare, skilled trades, and STEM (science, technology, engineering, and math).This focus not only increases your chances of finding a good job after graduation but also opens the doors for long term residency and career growth in Canada.

9. Opportunity to build good credit in Canada

Taking a loan through Passage and repaying it responsibly helps you build your credit history in Canada. This is a big deal. It means when you ready to rent an apartment, buy a car, or apply for something else down the line, you already have financial credibility.

10. Passage brings you closer to your Canada dream

When your finances are settled, you can focus on your career, build a future, and take the steps needed to apply for your permanent residency in Canada if that is your goal. Many students who have gone through Passage are now living and thriving in Canada. This can be your story too.

Conclusion

Studying in Canada is one of the ways to unlock global opportunities, but for many International students, especially from underserved regions, the biggest challenge is funding. Passage is changing that. With up to CAD $65,000 in low interest, flexible loans, support with school admissions, and programs aligned with high demand careers in Canada.

Passage is not just financing your education, they are also investing in your future. Passage was created with the needs of both international students and local Canadian students in mind, especially those from Africa, Asia, and other underserved countries.

They understand the unique challenges faced.Don’t let finances hold you back. Your dream is valid, and it is possible. Take the eligibility test today and take the first step toward your canadian education journey today.