What is the SITI-FCR and Loan Program?
SITI-FCR stands for Support for International Trained Individuals and Foreign Credential Recognition This program offers support to Internationally Trained Individuals (SITI), including Foreign Credential Recognition and access to Loans of up to $15k.
What are the benefits of the SITI-FCR and Loan Program?
The Support for International Trained Individuals and Foreign Credential Recognition and Loan, assistances you:
To complete your credentialing
To build your resume
To provide professional guidance
To provide access to loans up to $15,000
To get employed in your professional field or an alternative related career field in Ontario.
The loan amount can be used for:
Training costs for short-term courses and accreditation.
Examination fees with associations.
Membership and association fees.
Course materials and travel allowance.
Living allowance and other associated costs
Who is eligible for the SITI-FCR and Loan Program?
Internationally Trained Individuals who meet the following requirements:
Permanent Resident, Canadian Citizen or an individual granted refugee status in Canada.
Proof of education credential and work experience outside Canada.
Is a resident of the province of Ontario and intending to work in Ontario.
Is seeking to have their credentials recognized in Canada or are undertaking training for an Alternative Career.
How much maximum loan amount I Can apply?
The SITI-FCR and Loan Program provides loans up to $15,000.
What is the loan interest rate?
The loan interest rate provided by our partner DUCA is prime + 2%.
How long do I have to repay back the loan?
Loan repayment will vary for each individual, depending on the loan amount, and can take anywhere from 1-4 years.
How long does the application process take?
The application process can take anywhere from 2-3 weeks.
How much does the program cost?
The program is free.
I still have more questions. Who can I contact?
You can call us at: 416-769-0830 or reach us by email: SITI@lefca.org