Students can qualify for private education loans up to $10,000 from their local bank. Please contact your local bank for details. Tyndale will provide a subsidy for the interest incurred on a student loan for full-time students studying at Tyndale Seminary. The subsidy will be calculated based on the prime interest rate in Canada plus 1% and will be provided each year for a maximum of three years. The loan amount that the interest will be subsidized on must not exceed $2,000.
Note: This does not apply to the Doctor of Ministry program. This aid is also available for the Bachelor of Education program.