IBU Financial Aid Program
At IBU, we work hard to make your education affordable and flexible. If you are eligible and approved, IBU will defer up to one-hundred percent (100%) of your program tuition and book fees until after you graduate and get a job. In order to continue receiving the IBU financial assistance, you must meet the academic progress requirements during the program. Funds from scholarships and bursaries are applied directly to tuition and other student fees owing.
IBU Financial Aid Program Highlights:
- For a limited number of eligible domestic applicants, up to 100% of their tuition and book payments will be deferred until they are employed after graduating.
- IBU Financial Aid is absolutely interest-free. The student will only pay back the total tuition and book cost incurred during the study. There will be no interest charge to the financial aid package.
- The student will have a chance to have 25% of the total financial aid waived if they graduate with an average Cumulative GPA of 4.0 and up.
- You only pay monthly when your income is greater than the income threshold as determined by the university.
In order to check if you qualify and for any other questions, contact enrollmentservices@ibu.ca.
Eligibility
To be eligible for the IBU Financial Aid Program, the applicant must be a Canadian citizen, permanent resident or protected refugee and take a minimum of 9 credit hours per semester from in-class and/or the IBU Online PLUS program.
A co-signer is required. If you drop out of the program before you graduate, you have to pay back the outstanding dues within six months.
Eligibility
- Address Proof (for last 5 years of residence)
- Income Proof for both the applicant and the co-signer
- Copy of passport or PR Card