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Canada Apprentice Loan

ESDC · Federal

In plain language

Up to $4,000 interest-free per technical-training period, for up to 5 periods (lifetime cap $20K). Red Seal trades only. Payment-free for up to 6 years as long as registered. Apply online via MSCA. With the Apprenticeship Incentive Grant (AIG) and Completion Grant (ACG) both ended in March 2025, this loan is now the main federal tool for individual apprentices — pair it with the provincial Apprenticeship Wage Subsidy and JobsNL Wage Subsidy on the employer side (already in catalog).

Realistic range

$1,000 – $20,000

Avg award

$4,000

Max advertised

$20,000

Cost share

—

Accessibility

5 / 5

Effort

2 / 5

Deadline

Continuous intake

Repayable?

Yes

Who qualifies

Entity types

Individual

Sectors

Construction, Manufacturing, Other

Regions

NL Wide

Demographics prioritized

Youth, Women, Indigenous

What you'll have to report

Maintain registered-apprentice status; repayment begins 6 months after completing or leaving program.