Funding your Marine Education
Western Maritime Institute is committed to providing our students with financial aid information. You may find that you need financial assistance to invest in your career and future. Western Maritime Institute is designated by the Private Training Institutions Branch of the B.C. Ministry of Education and as such is a Designated Learning Institution, which means our students are eligible for funding that is not available to students attending non-accredited career colleges. Check out some of the financial aid options we’ve curated below and contact your Admissions and Career Advisor at 1-866-632-6888 if you have any questions or need help with your financial aid applications.
Buck Suzuki Legacy Bursary
The T.Buck Suzuki Foundation is opening applications for our annual Buck Suzuki Legacy Bursary. We are offering a bursary of $1000, open to students in any fisheries or marine related studies (including undergraduate, graduate, and trade studies). In addition to this funding, the successful applicant can be connected with a mentor from the T.Buck Suzuki Foundation to help with guidance through their academic and career endeavours.
Deadline: June 15, 2019
BCFMWU/WMI Colin Laird Memorial Scholarship
The Western Maritime Institute and BCFMWU are proud to offer full scholarships to two (2) successful members for the fall and spring Deckhand/Bridge Watch Rating Program at Western Maritime Institute. The scholarship offer includes tuition for the full Bridge Watch Rating program. Both scholarships will be awarded from all applications received
Financial Aid – Government Assistance
BC Employer Training Grant (ETG)
The Province of British Columbia has negotiated a new Workforce Development Agreement (WDA) with the Government of Canada that replaces the Canada-BC Job Fund Agreement (CJF). The new WDA provides B.C. with more funding and flexibility to address provincial labour market needs.
The goal of the ETG is to help unemployed and employed British Columbians access the skills training they need to adapt to the changing requirements of jobs and the labour market while encouraging employer involvement in training of their employees.
For more information and application procedures, click here.
BC Student Loans
This program provides financial assistance in the form of loans and grants to post-secondary students with financial needs. Students must first apply for a provincial or territorial student loan. Once they have done this they are automatically considered for a Canadian student loan. Students must apply every year in order to receive funding. Students pay no interest and no payment while in school.
The student loans application is available online at StudentAid BC.
Canada Student Grants and B.C. Access Grants
Students applying for Canada Student Loans may also be eligible for grants. Grants are funds you don’t have to repay! The grants you are eligible for will depend on which criteria you fit into, including, but not limited to, having dependants, permanent disability status (be sure that your disability does not preclude you from passing a Seafarer’s medical), or low/middle income.
For more information on grants, please visit StudentAid BC.
Other Provincial Student Loans Programs
If you are a resident of a Province, other than BC, you can find more information about applying for provincial students loans on the Employment and Social Development Canada website.
Employment Program of BC/Employment Insurance
This program provides assistance from the Employment Program of BC for eligible individuals who wish to return to work by first engaging in necessary training. This program may assist with expenses related to training and maintaining basic household expenses during training period. The first step is to contact your local Work BC Employment service center.
- Must be attached to Employment Insurance to apply
- Up to C$7500 in tuition plus living supports, books, supplies, transportation, dependent care and disability supports can be applied for
- Training should be the most direct return to work
- Allow up to 8 weeks for the process.
- These funds are not a loan but are taxable income
- All applicants will need to contribute towards the overall cost of training
- Private Schools in the Province of BC must be registered with the Private Training Institution Branch (PTIB). In order for a training course or program to be eligible for EPBC Client participation, Private training providers are also required to be accredited, if the training is 12 weeks or longer in duration.
Contact information is available at www.workbc.ca
For more information:
Pacific Leaders Scholarships for children of Public Servants.
Every year, children of BC public servants who are full time students and taking a bachelor degree program, trade, technical or vocational training at a designated public or private post-secondary institution in BC are offered 60 scholarships with $2500 each. Qualified students who may apply are those with a parent who has been in the BC Public Service for the last three years.
- You are a student under the age of 25 as of April 30 of the year in which you apply
- You have not received a scholarship from Pacific Leaders Scholarships for Children of Public Servants previously. You can receive only one scholarship during your lifetime
- You will be a full-time student and you have at least one parent, as defined by StudentAid BC policy, who is a full- or part-time regular employee of a BC Public Service employer. This includes all ministries and any organization that is enabled under the Public Service Act
Applications are judged based on:
- Solid academic achievement (B or better)
- An essay by the student explaining the contribution that public service employees provide to the citizens of British Columbia
- Communication skills and references
Deadline: The application deadline for September studies is April 30 of the current year.
Financial Aid – Marine Scholarships and Bursary
Vancouver Transportation Foundation/Nautical Institute B.C. Bursaries
The British Columbia branch of the Nautical Institute has an arrangement with the Vancouver Transportation Foundation (VTF) in order to recommend students for VTF scholarships. The VTF is a British Columbia non-profit society with a mandate of providing scholarships and bursaries to students in post-secondary institutions with emphasis on areas of studies relative to transportation.
The VTF/NIBC bursaries provide three $1,000 scholarships and three C$500 bursaries to applicants enrolled in Nautical Science.
Eligible students should be:
- Participating in full-time studies (more than 6 months) at either BCIT, Camosun College or Western Maritime Institute studying for deck watch-keeping certificate at the level of Watchkeeping Mate or higher.
- Be registered for courses of one month or more at any of the above named institutions leading to advancing certification for deck watchkeeping roles.
Details of Application:
- A letter describing your marine experience and your career goals
- A one page budget outlining your anticipated income and expenses for the current year
- Two letters of reference (with one relating to experience at sea)
- A copy of your most recent transcripts of marks
- A completed application for NI membership, to be submitted and paid for winners by NIBC.
Deadline: To Be Announced
Nautical Professional Education Society of B.C. Bursaries
In 2017, a total of five $1,500 bursaries will be available to applicants enrolled in Nautical Science or Marine Engineering courses with a minimum of 250 hours at a training school approved by Transport Canada and registered with British Columbia.
Deadline: The deadline for application is October 13th, 2017.
Provider: The British Columbia Supercargoes Association and the Nautical Professional Education Society of Canada
For more information, please visit www.npesc.ca.
You can contact the secretary directly by email at email@example.com or by mail at 3648 Glenview Crescent, North Vancouver, BC V7R 3E8
Western Canada Marine Response Corporation (WCMRC) Scholarship
Since 1998, Western Canada Marine Response Corporation (WCMRC) has been offering scholarships to students of family members involved in spill response on the West Coast. Three scholarships worth $1,000 each are offered to students who are enrolled in a post- secondary program. The selection is based on the applicant’s academic performance, education and career goals as well as their community and extra-curricular involvement.
Students must be enrolled in a post-secondary program in the academic year in which they are applying. They must be an employee, family member of one of the following:
- WCMRC member or subscriber
- WCMRC response contractor
- WCMRC employee
Deadline: Mid to end of August each year
To download the application from click here.
International Longshore and Warehouse Union (ILWU) Scholarships
The ILWU offers 10 scholarships worth $1,300 each to active members or dependants in good standing who are attending Post-Secondary Vocational/Career Technical schooling in B.C. only. The program must be identified either as a full-time vocational or career technical program which would include programs with work periods e.g. Co-op or apprenticeship.
Applicants for scholarship must provide all of the following relevant documentation before acceptance into the ILWU Canada scholarship draw:
- High School transcripts, certified unopened originals only.
- Verification of acceptance into the program and a receipt showing monies paid.
- A letter of good standing from the Local.
- A letter of successful completion may be required.
The draw will be open to all applicants in programs from October 1, of the previous year, to the draw deadline of September 30, in the current year.
Deadline: September 30 of the current year.
More information can be found on the ILWU website.
BC Ferry and Marine Workers’ Union (BCFMWU) Education Awards
Every year, the BCFMWU offers awards in amounts of $500 and $1000. Awards are available to students who will be enrolling in University Programs, College Programs or Technical Programs. All awards are open to BCFMWU members in good standing who have been active for at least one year, casual employees hired prior to year of application, or the spouse, son, daughter, or grandchild of a member in good standing. If the member is retired or deceased, they had to have been in good standing at the time.
Deadline: Typically June each year
You can get more information from you Local President or by contacting the Union Office
International Sailors’ Society Canada (ISSC) Bursary (2018)
ISSC is now accepting applications for the Maritime Bursary created in honour of long-serving director and corporate secretary, Sue Hanby. Two bursaries of $1000 each are available in 2017. The bursary is open to students who are enrolling in marine related studies with a recognized educational institution, however, please note that preference will be given to students who are preparing for a sea-going career.
To qualify for the 2018 Bursary, applications must be received by the ISSC secretariat no later than July 27th, 2018.
Other Financial Aid Options
RRSP Lifelong Learning Plan
The Lifelong Learning Plan (LLP) allows you to withdraw up to $10,000 interest-free from your registered retirement savings plan (RRSPs) to finance full-time training or education for you or your spouse or common-law partner. The funds withdrawn have to be repaid within 10 years to retain the interest-free status. You cannot participate in the LLP to finance your children’s training or education, or the training or education of your spouse’s or common-law partner’s children.
WMI is an accredited and Designated Institute, meaning your RRSP funds can be used towards your education at WMI. Contact the Admissions Office at 1-866-632-6888 for more information.
More information can be found on the Canada Revenue Agency website or by contacting your RRSP provider.
Registered Education Savings Plan (RESP)
The RESP is a government registered savings plan that helps families save for their child’s education. An RESP is a tax-deferred savings plan that can be set up for any beneficiary including children, grandchildren, nieces, nephews, or family friends. The Canadian government can also add to this saving plan with education grants that increase the amount available to the student.
WMI is an accredited and Designated Institute, meaning your RRSP funds can be used towards certain programs at WMI. It is important to understand any parameters surrounding programs that are eligible for your specific RESP. Contact the Admissions Office at 1-866-632-6888 for more information.
More information can be found on the Canada Revenue Agency website or by contacting your RRSP provider.
Youth Education Assistance Fund (YEAF)
The Youth Education Assistance Fund (YEAF) makes a difference in the lives of young adults who have spent time in the care of the Ministry of Children and Family Development or a delegated Aboriginal agency. YEAF provides grants to former youth in care aged 19 to 24 year old attending university, college, a university-college, an institute or designated private school. The program provides grants of up to $5,500 per program year. Students may receive a maximum of four grants.
For more information and to access the application visit the Student Aid BC website.
Student Line of Credit
Contact your bank or financial institute for information on borrowing money to finance your education. Interest on student line of credit, must be paid while the student is in school.