Financial Aid & Support

Transform your passion for beauty into a rewarding career. We’re here to help make your education affordable and accessible.

Financial Help That Makes a Difference

GD College understands that even a small amount of financial aid can make a big difference for students who are ready to invest in quality education and build a successful career. If you need help financing your education, we’re here to assist you in finding the right option. This could be a private loan from a bank or a government student loan. Additionally, we offer scholarships, awards, financial aid, and payment plans. Don’t let financial constraints keep you from reaching your academic and life goals.

Financial Advisors

Our financial aid team is available to guide you through every step of the financial assistance process. You may qualify for funding you didn’t even know was available!

Expert Knowledge

Stay informed about the latest scholarships and financial awards for students

Eligibility Assessment

Help you assess your eligibility and guide you through the application process

Personalized Support

Work with you to secure funds before starting your program

Loan Options Available

Explore various financing options designed to make your education at GD College accessible and affordable.

Government Student Loans

The Governments of Canada, Alberta, and Ontario offer loans to qualifying students. Although the amount and type of aid may vary depending on individual circumstances, government student loans ensure that all eligible students receive financial support for their education.

  • Federal loans
  • Provincial support
  • Needs-based assessment
  • Grace period after graduation

Student Lines of Credit

Full-time and part-time students can access Student Lines of Credit to help finance their studies. Unlike traditional loans, lines of credit allow you to borrow as needed, with interest only on the amount used.

  • Borrow as needed
  • Interest on used amount only
  • Available at major banks
  • Flexible repayment terms

Loan Repayment Guide for Graduates

Congratulations on graduating! As you step into the next phase of your career, it's important to remember the repayment of your student loans.

Contact NSLSC for further details.

Federal Loans

Repayment required within 6 months after graduation

Provincial Loans

Up to 12 months grace period available. Making payments early can reduce the principal, lowering the interest charged when payments begin.

Provincial Student Loans

Federal + Provincial via NSLSC

Both federal and provincial loans repaid through NSLSC

Federal via NSLSC, Provincial Separate

Federal loan via NSLSC, provincial loan via province

Direct to Province/Territory

Provincial loans repaid directly to province or territory

The Importance of Repayment

Missing payments can lead to penalties, fees, and damage to your credit score. It may also prevent you from receiving future financial aid or grant assistance, and you could lose tax refunds or GST rebates.

Need Repayment Assistance?

If you’re struggling with your payments, you can apply for government assistance through Student Aid. Our team is here to help guide you through the process.