Education Made Affordable
At the Institute of Machine Tool Technology (IMTT), we know that choosing to pursue education is a big step — and we’re here to support you every step of the way. Our goal is to help students access a wide range of grants, bursaries, scholarships, and funding programs, reducing financial stress so you can stay focused on your training and future career.
We believe that financial barriers should never prevent anyone from achieving their goals. Every student deserves the opportunity to learn, grow, and build a brighter future, regardless of background or financial circumstances. That’s why IMTT is committed to making high-quality career training accessible and affordable.
From the moment you apply, you are automatically considered for entrance awards and scholarships that recognize your potential and achievements. While financial aid for international students is available, we encourage every student to explore the full range of funding and payment support options that may be available to them.
Our dedicated admissions and financial aid team will guide you through every step of the process — from choosing the right payment plan, applying for government assistance, or exploring private funding options. Your success is our priority, and we are here to ensure you have the resources and guidance needed to succeed in your education and beyond.
Financial Aid Options
We understand that paying for your education can feel overwhelming, and we’re here to support you every step of the way. If you are a student in Ontario and need help covering the cost of your studies, you may be eligible for funding through the Ontario Student Assistance Program (OSAP).
To learn more about your options and find out if you qualify, please visit the Ontario Government website. If you have any questions or need help with the application process, our friendly team is always here to guide you.
*Terms and conditions apply.
We believe that financial considerations shouldn’t stand in the way of your education. That’s why we offer a flexible payment plan to help you manage your course fees with ease.
Your total course cost, covering tuition, books, and materials, is spread across monthly payments.
A 25% deposit secures your spot before the program begins.
The remaining balance is divided into equal monthly payments, with the final installment due one month before program completion.
*Terms and conditions apply.
We understand that starting a new career can feel overwhelming, especially after experiencing job loss or financial difficulties. That is why the Ontario government created the Better Jobs Ontario program, previously known as Second Career. This program is designed to support individuals like you by offering funding for skills training and education that lead to stable and in-demand careers.
Better Jobs Ontario focuses on helping you gain the training needed to succeed in fields with strong growth and long-term potential. Whether you are exploring a new path or rebuilding after a setback, this program is here to help you move forward with confidence.
To find out if you are eligible and learn how to apply, visit the Ontario Government website or connect with our team. We are here to guide you every step of the way toward a brighter future.
*Terms and conditions apply.
The Canada-Ontario Job Grant supports employer-led training programs by providing direct funding to cover eligible training costs—up to $10,000 per trainee. For small employers (fewer than 100 employees) who are training and hiring unemployed individuals, the grant offers up to 100% funding and as much as $15,000 per trainee, making it an excellent opportunity for workforce development. If you’re employed or have an employer ready to sponsor your training, you may qualify. Visit the Ontario Government website to learn more, or contact our team for support every step of the way.
*Terms and conditions apply.
We know that managing the cost of education can be challenging, and we want you to feel supported throughout your journey. A student line of credit can offer a flexible and convenient way to help finance your studies.
Unlike traditional student loans that give you a lump sum, a student line of credit allows you to borrow only what you need, when you need it, up to a preapproved limit. Many banks and credit unions in Ontario offer options specifically designed for students, helping you cover tuition, books, materials, and even living expenses.
This solution gives you access to funds as needed, so you can focus more on learning and less on financial stress. If you are a full-time or part-time student enrolled at the college, you may be eligible to apply. Our team is here to help you explore your options and answer any questions along the way.
*Terms and conditions apply.
Delivered by the Canada Revenue Agency (CRA), the Lifelong Learning Plan (LLP) allows you to withdraw up to $10,000 per year (maximum $20,000 in total) from your Registered Retirement Savings Plan (RRSP) to finance training or education for yourself or your spouse/common-law partner. Withdrawals are tax-free as long as they are repaid within 10 years.
This program can be a valuable way to fund your education without taking on new debt, giving you flexibility and control over your training investment.
*Terms and conditions apply.
Apply your RESP savings toward tuition and training.
We know that managing the cost of education can be challenging, and we want you to feel supported throughout your journey. A student line of credit can offer a flexible and convenient way to help finance your studies.
Unlike traditional student loans that give you a lump sum, a student line of credit allows you to borrow only what you need, when you need it, up to a preapproved limit. Many banks and credit unions in Ontario offer options specifically designed for students, helping you cover tuition, books, materials, and even living expenses.
This solution gives you access to funds as needed, so you can focus more on learning and less on financial stress. If you are a full-time or part-time student enrolled at the college, you may be eligible to apply. Our team is here to help you explore your options and answer any questions along the way.
*Terms and conditions apply.
We know the funding process can feel overwhelming—but you don’t have to figure it out alone. Our Financial Aid team is here to help:
- Determine what funding programs you’re eligible for
- Gather required documents
- Submit your application on time
- Explore alternative options if needed
Ready to Explore Your Options?
Let us help you take the first step toward a better career.
You can also book a free consultation with our Financial Aid Advisor.