Today more than ever, consumers are looking for flexible financing options and that is what we continuously strive to offer" said Réal Breton, President and CEO of iFinance Canada and Iceberg Finance. "We are excited to offer these new terms to our customers.
In business since 1996, iFinance Canada is well-known for its high approvals and customer-focused approach to lending. Effective immediately, iFinance Canada will offer terms as long as 72 months for all loans of $3,000 or more, making it easier for customers to get the financial assistance they need while enjoying a longer repayment period. TORONTO, ONTARIO, CANADA, Febru/ / - iFinance Canada, a national leading provider of financial solutions, is proud to announce exciting new financing terms for its valued customers. To see if there are loans available at your school, including loans that don't require a cosigner, use the student loan comparison tool.Offering 72 Month Terms for $3,000 + Loans This process usually takes about 6 weeks, so plan accordingly. If your application is approved, the funds are disbursed directly to your college or university. Once your application has been reviewed you will receive details on your offer including your interest rate and how much you can borrow, these items will vary by lender and your situation.
If so, you can then research the terms and conditions of the loan and apply directly through the lender. If you're an international student and would like to explore the option of a loan to study in Canada, use our student loan comparison tool to see if your chosen school has one available - in just a few clicks. It's important to research your options and find a lender that will offer you a loan that meets your needs.įind out about International Student Loans for Nigerian Students.įinding and Comparing Canada Student Loans International student loans are offered through private lenders, and each lender will have their own requirements and rules on eligibility. A few other factors they will consider include your home country, expected graduation date and the school you attend. With these private student loans the lender will look at your academic success and career path, and not purely base their decision on your credit history or that of a cosigner. International, American and Canadian students, may be eligible for a loan to cover the cost of their education including tuition, housing, food, insurance and educational supplies such as books. International students can now apply for a student loan without a cosigner if they are enrolled at select Canadian schools. Loans for International Students in Canada For details on tuition fees, as well as scholarships and other financial aid opportunities you should speak to your university's financial aid officeįind out about the Private Student Loan Application Process for International Students.įind all Eligible Schools for International Student Loans. This is why many students from a foreign country rely on a private student loan to cover tuition fees and any remaining costs.
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As an international student, Immigration, Refugees and Citizenship Canada (IRCC) will expect you to be able to finance your studies in Canada on your own.īetween your own savings and help from your family, plus some financial help that is available in the form of grants or scholarships (which do not have to be paid back), you might only cover part of the total cost to study in Canada. The majority of financial aid options, grants and scholarships at Canadian universities are aimed at Canadian students, meaning international students at a Canadian university may have limited resources available to them. In fact, Canada is one of the top 5 destination countries for studying abroad due to the high quality education available, the open and tolerant culture and the opportunities available. Canada welcomes thousands of international students every year.
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