Looking to apply? Financial Assistance

There may be several options for financial aid available to you as a CMU student, including a federal loan, a student line of credit, scholarships, grants, or OSAP. Canadian students from outside of Ontario also may qualify for support from funding programs in their home province.

Applying for financial aid in college is easier than you may think. Students are often discouraged in the application process, unsure of how they are going to cover the full expenses associated with certain programs. If that sounds like you, contact CMU Admissions to learn how simple it can be to access financial assistance for college.

CMU will do everything it can to provide information on any financial assistance programs that may be available in order to make your education journey with us possible. We can assess your unique situation, providing recommendations on what next steps to take.

Many banks offer a student line of credit that provides financial aid for private college at a lower interest rate than most credit cards. A student line of credit is a personal loan designed to assist students with funding their post-secondary education.

Unlike grants, a student line of credit is a form of financial assistance that needs to be returned. It is, however, more advantageous than other forms of borrowing money, as the interest rate and terms tend to be more favourable to you. Common expenses that are paid with a student line of credit include tuition, textbooks, and transportation. It also covers other necessities of day-to-day college living, such as food.