It’s an old business adage that it takes money to make money and that applies to furthering your education to start a second career.

If you plan to continue working with your current employer, but in an advanced or different position, talk to your human resources department. Many will partially or fully fund the academic upgrade and could help you plan your next move.

The Canada Student Loans Program, which can be explored at, is an option if you’re going to be a student at a university, college or trade school working toward a degree, diploma or certificate.

CSLP offers loans and grants for full- and part-time students. Interest kicks in at graduation, though you have a six-month grace period after you’re done before you have to start paying them back.

Typically the most you can borrow for an eight-month study period is $7,140.

The Ontario Student Assistance Program offers grants, scholarships, bursaries and loans to help pay for education. It’s run by the Ministry of Training, Colleges and Universities, which handles provincial and federal student financial aid programs for Ontario students taking postsecondary studies.

OSAP also provides eligible Ontario students with financial aid to help pay for education-related costs such as tuition, books, living costs and transportation.

It can also help with sourcing fellowships, debt reduction, interest relief or work study. Go to for more information.