Funding Your Education

OCAD University has obtained eligibility for US students to secure private student loans through Sallie Mae.

OCAD U does not participate in the disbursement of Direct Loans. FFEL Loans, or Perkins Loans under the Federal Family Education Program Loans and Federal Direct Student Loans.

Sallie Mae Smart Option Student Loan

With the Smart Option Student Loan, students can choose one of of three repayment options: variable or fixed interest rates, and a suite of other choices let them cutomize their borrowing experience.   Disbursement of these loans will be available through Western Union Global Pay


US Loans

OCAD University is an eligible institution for the purpose of granting to students an in-school deferment of payment of Federal Family Education Program Loans and Federal Direct Student Loans. This means if you are a transfering student to OCAD U you may apply for interest free deferment of your existing student loans.

For additional information regarding deferment of your existing loans, please visit the Federal Student Aid website.

Institutional Aid

Scholarships, awards and bursaries are available to international students at OCAD Univeristy.  Bursaries are given on the basis of demonstrated financial need.  Scholarships and awards are given on the basis of merit.  

For more information visit Bursaries and Scholarships & Awards.

For more information, please contact one of the following:

Kelly Faller
Financial Aid & Awards Advisor

Vilma Short
Financial Aid & Awards Advisor