How to Move to Canada with a Passage Student Loan All You Need to Know

Hi guys, welcome back to my youtube channel. It's your favorite girl. I'll be I'm a Nigerian content creator who lives in Canada If you're new here, you're welcome. If you don't subscribe, thank you for stopping by again So guys basically I feel about my life here in Canada everything Canada If there's something you're gonna be interested in give this video a huge thumbs up subscribe to my youtube channel Turn on the notification bell guys, so you get notified every single time I post a video. So guys today I'm gonna be talking about basically People who wants to come to Canada and study but they don't have all the money to come here and study so if you watch our previous videos of about I've talked about how Expensive it is to come to Canada and study and I realized that not a lot of people are in the place or have all the financial Requirements to come to Canada and study. So right now the proof of funds to come here to study I'm gonna put it on the screen is twenty two thousand eight hundred and ninety five for one person So if it's a family of two is twenty eight thousand five hundred and two for a family of three thirty five thousand and forty dollars family of four forty two thousand five hundred and forty three family of five forty eight thousand two hundred and fifty two and It goes on and on and on So I don't think the proof of funds is ever gonna come down and I don't think that the tuition fee Come here and study is ever gonna come down. So in 2022 I wanted to come here to study in Canada and if you watch some of my video you I've talked about it before I chose MBCC and my The cost of my tuition fee at that time was ten thousand dollars for a one-year program right now that one-year program in The college my brother is attending is currently almost eighteen thousand dollars and the college my brother is attending here in Canada The tuition fee for the September session is not the same tuition fee for the January session of 2026 So the tuition fee has also increased So I don't think the tuition fee for coming to come to coming to Canada to study or the proof of funds is ever gonna Come down. It's gonna keep going up and up and up and up It's gonna keep getting higher and that is why I'm gonna talk about passage today So for this video is not for everybody if you have your money to come to Canada You have your tuition fee you have your living expenses. This video is not for you So this video is for family and friends people back home international students that want to come to Canada and actually study But they don't have all of this money. So what is passage passage is a financial company that gives loans to international students to come to Canada and Study so that they can achieve their dreams They can achieve that dream of coming to Canada to be a student. So I have that like fulfillment So passage is that company for you? So with passage you can either take your tuition fee or both your tuition fee and your living expenses So let me say for example, your tuition fee is just 17,000. You can decide to say, okay passage I have my living expenses of 22,000 and Some change I have the living expenses. I need only my tuition fee so you can go that route But some people they don't have the living expenses and also they don't have their tuition fee So they can take the total for the tuition fee and the living expenses from passage But what would they need? They will need a cash collateral. So after the admission, so must I say that Passage can also help you get admission as well as help you process your loan. Isn't that amazing? So if you want to process your loan to come to Canada and you want passage to also help you get an admission to come To Canada they can do the both for you So if you already have your admission and you just want passage to help you with the loan They can also do that for you. So let me take an example Hypothetically, I'm a student. I'm an international student. For example, I want to come to Canada. I want passage to process my admission I want passage to help me with my tuition fee. I want passage to help me with my living expenses They can help me do all of those three things. So, um, there's an eligibility tracker With passage so you just I'll leave a link I'll pin it in the description box as well as in the comment section for those of you that are interested to go click the Eligibility tracker and see if you qualify and one thing I must say about passage is that for you to qualify To come here to study. There's no there's no age cap for it If you're between ages 18 to 59 you qualify for that as well But for you to come to Canada and study and you want passage to fund that loan Then that's field of study should be in a label gap So something that is required for Canada like that label gap That is very like Canada is in need of that those kind of people then you have to be in that so don't come to say you want to do business admin if you're in health care if you're in skilled trades you qualify for that health Care like PSW nursing personal support workers key trade like carpentry welding then you qualify for that So let's go on to the eligibility tracker. So for the eligibility tracker, I'm gonna be putting on the screen What the eligibility tracker is and the questions are involved in the eligibility tracker. So the first question would be what is your nationality? You put that in so I'm Nigerian. I'm gonna put that in. Do you have a valid passport from your country? Yes, or no, you put that in What would you like passage to help you with most students choose both but you can pick what fits your situation So you can choose either get admission or get a student loan. So I'll be clicking the both of them So you say where you physically look located now, so because I'm in Canada, I'm gonna put in Canada But if you're in outside of Canada, you can also put outside of Canada So it to say what is your immigration status in Canada temporary resident permanent citizen? I don't have a valid status So I'm gonna click temporary resident. So when you click on that, it goes to what is your visa type? I'll say study visa. I click on that and I go next since you are right to Canada Have you been out of school for more than 150 days? I'll click no and I click on next say I'll order you as a program 27 I click on 27 and I say next they say tell us more about your interest. You can choose multiple options So I'll choose health care one year and diploma and I click next so it says what is your highest level of education? So let's say I have a one-year post secondary program So I click on that and next they say when did you graduate most recent school program? Let's just say 2021 and I click on next it says what was your area of specialization in your previous graduation or diploma? So I'll choose nursing health care medical and I click on next. Let's say what was your final school in your most recent? Educational program. I would just say let's just say 69 and I click on next It says which country did you complete your high school? I'll say Nigeria because I'm Nigerian and I click on next this is what was what are your wife or nickel? Results in English. So I'll click on b2 and I click on next So it says you have at least one year working experience in any area in any of the following domain I click on any of the field and I put next it said what intake are you planning to apply for and click on? January of 2026 and I click on next so it gives me a page where it says enter your Contact information to receive your eligibility result So you put your full name your full number your email address and you click on receive eligibility Results and you get that eligibility result So I must say for example, if I click on all of these and I decide that okay I want to go to George Brown College for example, and I want to choose like personal support worker program for winter of 2026 It's a one-year program with two semesters. So I'm gonna put it on the screen here so you can see that as well So it says here that I may be eligibility for a passage load of 18,619 for my tuition fee and living expenses of 22,895 so I must say if you want to take only the tuition fee you can take the tuition fee if you want to take Tuition fee and living expenses you can take both if you don't have your tuition fee and living expenses So let's talk about the first one. If you want to take only tuition fee of 18,619 then you will need a cash collateral 4,600 when you get your admission, isn't that amazing? You just have to pay only 4,600 as a cash collateral and you'll be able to get your loan for your tuition fee So for example, if you don't have your tuition fee and your living expenses, so you add that living expenses of 22,895 it goes to a total of $41,514 so your monthly living cost that passage will give you is 1907.92 per month and your cash collateral after admission will be 14,500 so for a total of 41,514 you only have to pay the cash collateral of 14,500 and some people will say the cash collateral is a B2I is a minimum of 25% This is just to let passage know that you are really interested You're really serious to come to Canada and study that program and they're just not wasting their efforts on you So people would also ask that if I don't have this cash collateral, can I go forward? The answer is no if you don't have the cash collateral, you cannot go forward with this loan application You need a cash collateral to go forward with this loan Application so I would like you guys to tell me your thoughts in the comment section I hope this video was well explained if you don't have your living expenses and something I want to mention again is that you can as well go and get your admission by yourself and come and apply for the Living expenses and your tuition fee from passage. It's not a must that you get that Admission from passage. So I hope you did enjoy this video I hope you guys would go ahead and take that step to Apply for your loan if you don't have all of the money if you have all of the money You don't have to you don't have to take the loan from passage And if you finally come to Canada and you finally have the money to pay off your loan There's no extra charge for it. Just pay off the loan There's no penalty for that If you have the money to pay off your loan you pay off the loan passage will be happy to get the money back So I hope you did enjoy this video leave your thoughts in the comment section Ask me questions in the comment section and I'll see you in the next one