Provincial Student Financial Assistance Offices (Provinces and Territories)
OSAP Requirements and Compliance
Canadian students enrolled in the naturopathic medicine program may be eligible, if qualified, for assistance under one or more components of the following:
Government loans may not cover the full cost of tuition.
A student may only apply from the province of residence in which he or she has most recently lived for at least 12 consecutive months, excluding time spent as a full-time student at a post-secondary institution. Currently, the province of Quebec does not recognize the naturopathic medicine program at CCNM as one eligible for government loans. Please contact a CCNM admissions and student services officer for alternative sources of financial aid.
A loan application must be submitted for each academic year you attend. Student loan applications are produced by your provincial loan office and usually become available each year at the end of May. Applications are also available online on your provincial student loan program website, and are typically the preferred method of applying. Paper applications have, in some cases, been eliminated.
You may submit a loan application prior to receiving your acceptance letter from the College. Submit your application as early as possible (by mid-June) to ensure that your loan will be available upon College registration. Processing times may vary and can take eight to 10 weeks.
You may obtain student loan information from your provincial loan office or by contacting an admissions and student services officer.
Additional loans
Private loans may be available through participating financial institutions. Please contact Admissions and Student Services for additional details.
Bank loans
Note: The following information is correct as at the time of publication. As financial institutions change their policies from time to time, we recommend that you contact your institution of choice to confirm details.
Canadian Imperial Bank of Commerce (CIBC)
Students enrolled in the ND program at CCNM can apply for the CIBC Professional Edge Line of Credit. The four-year program limit is $140,000.
Scotiabank
Scotiabank offers the Scotia Professional Student Plan to naturopathic students.
Note: Banks may change their loan policies at any time.
Provincial Student Financial Assistance Offices (Provinces and Territories)
Alberta
http://alis.alberta.ca/ps/fo/studentsfinance/students-finance.html
780-427-3722
British Columbia
http://www.aved.gov.bc.ca/studentaidbc
250-387-6100 or 604-660-2610
1-800-561-1818
Manitoba
www.studentaid.gov.mb.ca
204-945-6321 or 204-945-2313
1-800-204-1684
New Brunswick
www.studentaid.gnb.ca
506-453-2577 or
1-800-667-5626
Newfoundland
www.edu.gov.nf.ca/studentaid/
709-729-5849 or 709-729-4244
1-888-657-0800
Northwest Territories
www.nwtsfa.gov.nt.ca
1-867-873-7190 or
1-800-661-0793
Nova Scotia
http://studentloans.ednet.ns.ca
902-424-8420 or
1-800-565-8420
Ontario
http://osap.gov.on.ca
1-900-565-6727 (automated $2 fee - Ontario only)
or 1-807-343-7260 (out of province)
Prince Edward Island
www.edu.pe.ca/studentloan
902-368-4640
Quebec
*Please note that the province of Quebec does not recognize CCNM Students as eligible for government loans.
Saskatchewan
www.sasked.gov.sk.ca
306-787-5620 or
1-800-597-8278
Yukon Territory
www.education.gov.yk.ca
867-667-5929
Information on Canada Student Loans
The Learning and Literacy Directorate
1-819-994-1844
1-888-432-7377 (toll-free English)
1-800-733-3765 (toll-free French)
OSAP Requirements and Compliance
Important information on student loans
CCNM complies fully with the performance requirements for the administration of the Ontario Student Assistance Program (OSAP) by Private Schools (non-PVS) as set out by the Ministry of Training, Colleges and Universities (MTCU), to ensure proper administration of public funds and the prevention of program abuse and fraud.
Active student participation and satisfactory scholastic progress policy
All students receiving OSAP or other provincial loans are required to adhere to applicable OSAP regulations and conditions, including active participation and satisfactory scholastic progress to the full extent of CCNM's satisfactory academic progress requirements. Students will be disqualified from eligibility for OSAP or government loans and withdrawn from loan arrangements if they fail to meet the requirement of 20 hours of instruction per week for four consecutive weeks while maintaining a course load of 60 per cent or more. Withdrawal from OSAP eligibility is automatic and does not require written notification.
In addition, all students receiving OSAP must achieve satisfactory scholastic progress at their institution (a minimum of 65 per cent in each course) while maintaining all of the conditions stated above. Students not meeting the scholastic progress requirement will be subject to the following consequences and remedies, as required by the Ministry of Training, Colleges and Universities:
| Scholastic Situation | Consequence | Remedy |
| Failure to achieve satisfactory scholastic standards during one study period. | Student put on probation; student remains eligible for OSAP in next study period. | Must succeed in all following academic years to maintain continuous CSL/ CSG*/OSL eligibility. |
| Failure to achieve satisfactory scholastic standards during two study periods. | Student loses CSL/ CSG/OSL eligibility for a minimum of 12 months. | Must maintain CSL/ CSG/OSL in good standing with lending institution during the 12-month period. |
| Failure to achieve satisfactory scholastic standards during three study periods. | Student loses CSL/ CSG/OSL eligibility for a minimum of 36 months. | Must maintain CSL/ CSG/OSL in good standing with lending institution during the 36-month period. |
*CSG = Canada Study Grant
Negotiation of student government loans
- Pick up a loan document from Admissions and Student Services. You must present your SIN card and government-issued photo ID to negotiate your loan.
- An admissions and student services officer as well as the student will sign the loan document for the loan to be negotiated.
- Take the document to a designated postal outlet or agency approved to process your loan within 30 days of signing it. Outlets are listed on the Canada Student Loans website .
- If loan documents have not arrived by the first day of class, the student can complete a Schedule 2 form to maintain interest-free status.
Maintaining interest-free status
If you have a previous Canada-Ontario Integrated Student Loan, Canada Student Loan and/or an Ontario Student Loan, it is important to maintain its interest-free status. Students must be enrolled with at least a 60 per cent course load to qualify. To maintain interest-free status, the lender holding your previous loans (bank, financial institution and/or National Student Loans Service Centre) must be informed that you are still in school. This is done automatically once your completed Confirmation of Enrolment form is processed by your post-secondary institution and by the Ministry of Training, Colleges and Universities. The Ministry will electronically inform your previous lender that you are still in school.
*Please note that students who do not qualify for a loan must complete the appropriate Continuation of Interest-free Status form (Schedule 2) from their province.
Loan repayment responsibilities – OSAP/CSL
Loan repayment begins six months after the completion of your studies, or when you have stopped being a full-time post-secondary student. Interest accrues on the loan from the time you are no longer a full-time student. The rates and conditions for repayment are set at the time of repayment.
It is the borrower's responsibility to understand the terms and conditions of the loans. Specific information is available on each of the provincial loan program websites. For students who temporarily cannot repay their loans due to low income, interest relief and/or debt-reduction programs may be available to aid you in paying the interest on your loans. Applications are available from Admissions and Student Services or from your lender.
Key Performance Indicators
In accordance with the Ontario Ministry of Training, Colleges and Universities' Performance Guidelines, CCNM publishes performance indicators for students on employment rates, graduation rates and student loan default rates.
Note: The Ministry of Training, Colleges and Universities did not conduct surveys to determine employment rates or graduation rates for the 2006-2008 graduating classes. The graduation rates shown for 2006-2008 are based on our own calculations.
Employment rates
CCNM graduates participate in the NPLEX (Naturopathic Physicians Licensing Examinations) in August of their graduation year and are not eligible for licensure until September. Please note that the employment rate is calculated in November, which is only two months after students gain licensure.
| Graduate Class | Employment Rate |
| 2005 | 81% |
| 2004 | 72% |
| 2003 | 76% |
| 2002 | 87% |
| 2001 | 81% |
| 2000 | 83% |
| 1999 | 85% |
Graduation Rates
| Graduate Class | Graduation Rate |
| 2010 | 84% |
| 2009 | 87% |
| 2008 | 91% |
| 2007 | 86% |
| 2006 | 87% |
| 2005 | 80% |
| 2004 | 87% |
| 2003 | 89% |
| 2002 | 87% |
| 2001 | 96% |
| 2000 | 93% |
| 1999 | 92% |
Default Rates
The default rate reflects the repayment status of CCNM students who were issued Ontario student loans in the academic years prior to graduation.
| Graduate Class | Number of Loans Issued | Loans in default | Default Rate |
| 2010 | 46 (in '07-'08) | 2 | 4.3% |
| 2009 | 49 (in '06-'07) | 0 | 0% |
| 2008 | 70 (in '05-'06) | 0 | 0% |
| 2007 | 52 (in '04-'05) | 0 | 0% |
| 2006 | 63 (in '03-'04) | 1 | 1.6% |
| 2005 | 68 (in '02-'03) | 2 | 2.9% |
| 2004 | 71 (in '01-'02) | 2 | 2.8% |
| 2003 | 66 (in '00-'01) | 1 | 1.5% |
| 2002 | 72 (in '99-'00) | 1 | 1.4% |
| 2001 | 45 (in '98-'99) | 1 | 2.2% |
| 2000 | 40 (in '97-'98) | 0 | 0.0% |
| 1999 | 40 (in '96-'97) | 3 | 7.5% |
| 1998 | 24 (in '95-'96) | 0 | 0.0% |