Canada Apprentice Loans
The Government of Canada is committed to supporting registered apprentices throughout their training. The Canada Apprentice Loan can help you get the money you need to achieve your goals. The Canada Apprentice Loan is available to help registered Red Seal apprentices cover the cost of their training.
What you need to know
- The Government of Canada offers apprentices registered in a Red Seal Trade apprenticeship program up to $4,000 per period of technical training.
- You can get Canada Apprentice Loans for up to 5 periods of technical training.
- Your loan will be interest-free for up to 6 years as long as you are confirmed as being registered in a Red Seal Trade apprenticeship program.
- You do not have to make any loan payments as long as your loan is in interest-free status.
- Up to $4000