How to Apply

Step 1: Learn more about the FCR Loan

  • Book an appointment with a Case Managers to discuss your plans in a confidential one-on-one meeting.
      Forms to be submitted at your initial appointment:

      • Registration Form
      • 2 pieces of ID
      • Foreign credentials/designation
      • Current resume, if available

 

Step 2: Map out an Action Plan

  • Research the Canadian labour market and use the information to map out your own accreditation action plan.
  • Collect the required documents as outlined in the Loan Application Checklist
  • Forms to be completed and submitted:
    • Loan Application Checklist with required documents;
    • Signed Client Accreditation Action and Financial Plan; and
    • Client’s Financial Information and Needs Form.

If you are experiencing difficulty in drafting an action plan or navigating through the Foreign Credential Recognition system, your Case Managers will provide guidances.

 

Step 3: Submit Application

  • The FCR Loan Project accepts and processes applications ongoing throughout the year. So, once you are ready to submit your application, together with all of the necessary documentations, you can schedule another meeting with your Case Managers to submit your application.
  • During the meeting the Case Managers will review with you, your Accreditation Action and Financial Plan, or help you draft one if you don’t have a plan yet.
  • Verify documentations
  • Draft a Financial Needs Assessment, Repayment Schedule and Budget Planner

FCR Loan applications will be reviewed by a Review Committee
for decision-making within 1-2 weeks. Allow up to 4 weeks processing time.