Financial Incentives

An RBC Advice Event: Making Your Money Last Through the Year

We posted around this time last year, one of the most obvious stereotypes of students is the financial struggle: surviving on ramen, counting out pennies (or, nowadays, nickels) for laundry, picking up whatever extra shifts come along. And it is true that your time spent in school can be among the most frugal times of your life. The fresh, crisp fall air is now out to play, and we are already in week five of the 2018 fall semester. You’re asking yourself, ‘Okay, tuition has been paid and textbooks have been purchased. My savings and loans are in hand and available to me. What next?’

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Co-operative Education Tax Credit (CETC) – Up to $3,000

The Ontario government provides a Cooperative Education tax credit to businesses that hire students enrolled in a recognized Co-op Education program for 12-16 week work-terms. The majority of Algonquin College co-op work-terms qualify for this funding.

The Algonquin College co-op department automatically issues tax credit letters at the end of January each year; however we can accommodate special requests for early issue.