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The Foreign Credential Recognition (FCR) Loan Project was established as a bridging tool for ITPs undergoing the accreditation process. Our project’s mandate is not only to provide financial assistance, but to also offer guidance, labour market resources and to be an encouragement to ITPs. Each step of an accreditation process varies from each profession. The FCR team will work with you to create an accreditation plan that is realistic and goal-oriented.
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For many Internationally Trained Professionals (ITPs), the cost of licensing exams, training and skills upgrading can present a significant barrier to credential recognition. Using a client-centered approach, the FCR Loan Project provides financial assistance to ITP’s to lessen some of these burdens, making it easier for ITPs to find jobs that best suit their professional skills and experiences.
Qualified applicants may apply for loans ranging from $1,500 to $15,000. If approved, a flexible and sustainable repayment schedule will be set up.
- Canadian citizenship or permanent resident, residing in BC
- Possess proof of a professional credential/designation or trades-related certificate obtained in a country other than Canada
- Credit worthy and loan eligible for credentialing purposes; and
- Have no or limited Canadian experience in the related field due to a lack of foreign credentials.
For Inquires and Questions
#300-8197 Westminster Hwy.
Richmond BC V6X 1A7