Are you eligible for Loans and Bursaries?
Financial aid is available in the form of loans and bursaries from the Quebec Provincial Government – for more information visit www.afe.gouv.qc.ca. TAV College will also be offering full or partial tuition credits in some programs.
TAV College’s policy is that quality education should be available to any student who has the desire and ability to attend, and that financial reasons should not prevent a student from achieving this goal.
Who can apply for financial aid?
Any TAV College student can apply for financial aid. Eligibility is determined by the MELS (Ministère de l’Éducation, du Loisir et du Sport du Québec) taking into consideration a number of factors. To evaluate these needs, the government takes into account the allowable expenses and any contribution it requires be made toward the cost of your education, i.e. your contribution and, if applicable, your parents’ contribution, your sponsor’s contribution or your spouse’s contribution. Generally a student must be considered full time (Minimum 12 hours per week) in order to be eligible for government loans and bursaries.
What is the TAV College Tuition Credit?
A full or partial tuition credit may be awarded on the basis of financial need. The tuition credit is intended to help students who are unable to pay the TAV college tuition. The amount of financial aid will be calculated on the basis of parental/family income, family size, the student’s own income as well as bursaries awarded by the MELS. The tuition credits awarded by TAV College is meant to supplement rather than to replace Government of Quebec Student Loans and Bursaries. The TAV Tuition Reduction is awarded in the form of a scholarship, which is used to pay the portion of tuition that the student is unable to pay. At the end of the year, the student will receive a tuition receipt for the full amount of tuition paid. This amount will include both the amount paid by the student as well as the amount covered by the TAV Tuition Reduction.
Students should be aware that the college will issue a T4A (bursary) Tax slip covering the amount of scholarship awarded. Tax slips will be emailed to student each year at the end of March.