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Like other post-secondary students, apprentices are responsible for
covering a portion of the costs of their technical training. Costs vary
from institution to institution. When researching technical training
options, you should look into both tuition, and other costs such as
books and service fees that you may be responsible for.
Apprentices attending technical training may
qualify, depending upon their individual circumstances, for several
types of financial assistance:
- Apprenticeship Incentive Grant (AIG)
Effective
January 1, 2007, apprentices completing their first or second level of
a Red Seal apprenticeship program are eligible for a $1,000 Apprenticeship Incentive Grant (AIG). Please note that only those apprentices demonstrating progression on or after January 1, 2007 will be considered eligible.
Information and forms are available at
www.servicecanada.gc.ca/en/goc/apprenticeship.shtml.
General enquiries may also be directed to Service Canada at
1-866-742-3644 or
1-866-909-9757 (for the hearing impaired).
- BC Training Tax Credits
The B.C. provincial training tax credits provide refundable income tax
credits for employers and employees who are engaged in apprenticeship
programs administered through the Industry Training Authority (ITA).
There are three main elements to the training tax credits:
- basic credits for non-Red Seal training programs;
- completion credits for both Red Seal and non-Red Seal training programs; and
- enhanced credits for First Nations individuals and persons with disabilities.
For more information, please see
www.sbr.gov.bc.ca/business/Income_Taxes/ttc/
- Passport to Education
Apprentices attending pre-approved technical training courses may apply
BC Ministry of Education “Passport to Education†award stamps,
Provincial or District Scholarship awards towards the cost of technical
training.
Apprentice Procedures for use of Provincial and District Scholarships and Passport to Education Awards
- Secondary School Apprenticeship Scholarships
High school students who begin pursuing an apprenticeship may qualify for secondary school apprenticeship scholarships.
Secondary School Apprenticeship Scholarship Program Application Instructions and Form
- Service Canada Apprentice Information – Applying for Employment Insurance Benefits and Personal Support Assistance
Apprentices may qualify for temporary financial assistance during
technical training if they have or are able to establish an active
Employment Insurance claim. Please read the information in the package
below or contact your nearest Service Canada Centre for more
information.
Apprentice EI Benefits Procedure Information Package
Apprentice Financial Assistance and Referral Request form
- Tradesperson's Tools Deduction
Certified tradespeople and apprentices may be eligible to claim the new tradesperson's tool deduction for tools and equipment purchased for work purposes after May 1, 2006.
For more information, please visit www.cra-arc.gc.ca/whatsnew/tools-e.html
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