How to Secure up to $65,000 Loan from Passage to Finance your Studies in Canada

Studying in Canada is a dream for many international students, but the cost can be a major hurdle. This is where Passage comes in.

Passage is a Canadian platform that helps international students get access to loans of up to CAD $65,000 to cover up full tuition cost for their studies in a partner Canadian institution and first year living expenses in canada.

Passage partners with trusted Canadian institutions and simplifies the entire process, so you can focus on your studies without the stress of financial pressure.

More than just a loan provider, Passage will also match these top international talents with labour shortages in Canada and the US.

Their mission is to provide access to life changing opportunities by targeting sectors with verified talent gaps. Currently, these critical shortages are in Healthcare, Skilled Trades, and STEM.

If you are thinking of studying in Canada but worried about funding, this might be the opportunity you have been waiting for. In this post, we have carefully put together all the details you need to know.

Eligible programs

Passage collaborates with various Canadian institutions to offer programs in fields that align with Canada’s labour market needs. These includes:

Skilled Trades: Programs that equip International students with practical skills in areas like electrical work, plumbing, and carpentry.

Healthcare: The courses are designed for careers in nursing, medical laboratory technology, and other healthcare professions.

STEM (Science, Technology, Engineering, and Mathematics): The programs are focused on disciplines such as computer science, engineering, and biotechnology.

These programs are carefully selected based on their potential to lead to employment opportunities in Canada.

Application procedure

Take the eligibility test

To begin the application process, you have to assess your eligibility through the Passage platform. The test evaluates factors such as academic background, financial capacity, and program suitability. You can take the eligibility test here.

You can take the eligibility test by following the step by step process given below.

1. Input your nationality.

2. Check “yes” if you have a valid password from your country.

3. Select the kind of support that best suits your need.

4. Select your location.

5. Check the option that aligns with you.

6. State your age.

7. Select your interest from the list of options.

8. Select your highest qualification.

9. Select your year of graduation.

10. Select your area of specialization from the list.

11. State your final score.

12. Select the country where you completed your education.

13. Input your final grades.

14. State the area you have your work experience.

15. Select the option that best suits you.

16. Select the option that best suits you.

17. Enter your contact information.

After you enter your contact information, click on see eligibility results. This will take you to a page where you will see your eligibility and the application button if you meet the requirements. You will also get a notification by email.

Submit your application

If you pass the eligibility test, you can proceed with your application. Submit your application following the steps below.

• To submit your application, go through the application page and take note of the required documents.

• Submit your documents. Passage will review your submitted documents to ensure they meet the requirements.

• If you are accepted by the institution, you will be notified and emailed your letter of acceptance (LOA).

• Upon approval, you will receive a loan offer detailing the terms and conditions. Review and sign the agreement to proceed.

• After signing the loan agreement, a collateral payment is required. Once confirmed, you will receive a Passage Pass as proof of payment.

• Then you can proceed to applying for your study permit.Once you get your study permit approval, book your flight tickets and get prepared to move to Canada.

Benefits of using Passage

• Financial support: Covering full tuition fees and living expenses for the first year.
• Streamlined application process: Simplified application procedures for admission and loan processing.
• Career oriented programs: Access to programs aligned with Canada’s labour market demands.
• Support for international students: Assistance tailored for students from various countries, including Nigeria.

Frequently asked questions

1. What countries are NOT eligible?

Passage supports students from most countries but cannot yet assist those in Europe, Afghanistan, Belarus, Central African Republic, China, Eritrea, Haiti, Iran, Iraq, Lebanon, Libya, Moldova, Myanmar, North Korea, Russia, Somalia, South Sudan, Sudan, Syria, The Democratic Republic of Congo, Ukraine, Venezuela, and Yemen.

2. How does Passage choose programs?

Passage focuses on programs that lead to employment and address labour shortages in Canada. All programs on Passage are Post Graduation Work Permit (PGWP) eligible, ensuring that international students have the potential opportunity to gain valuable work experience in Canada after completing their studies.

Note: Students from Afghanistan can only be funded through the Passage Afghan Program.

3. Does Passage serve both onshore and offshore students?

Yes, Passage serves students both in Canada (onshore) and outside of Canada (offshore).

4. How do I apply for a Passage loan?

You can apply online by checking your eligibility on the Passage website. The process takes less than 2 minutes. Once you are eligible, you can proceed with your application.

If studying in Canada is part of your dream, don’t let funding or age concerns hold you back. Passage is opening doors for international students by connecting talent with real opportunities.

Take your eligibility test today and take the first step toward a brighter future.