FCR Clients at BC Wood Works Awards compliments of ASTTBC

Posted On: March 6, 2019

FCR Loans FCR Clients at BC Wood Works Awards compliments of ASTTBC

“ASTTBC was please to be a Gold Sponsor of the 2019 Wood Design Awards and pleased to invite as ASTTBC guests, new provisional member (L) Shakun Singla and (R) Sherene Kurien (application in process). Shakun Singla has a background in Architecture and a Masters in Urban Design from UBC and Sherene Kurien has a background in Mechanical Engineering and a Masters of Science in Management. Both are part of the PICS FCR Loans program, extremely bright and are seeking their first professional opportunity in Canada. They are pictured here with Jacqueline de Raadt, Manager, Community Relations, ASTTBC.”

What Is The FCR Program?

The Foreign Credential Recognition (FCR) loans program is funded in part by the Federal Government of Canada to help skilled newcomers to get back into their professional field or an alternative related career field.

FCR is a process to verify that your education and work experience, obtained in another country, is equivalent to the standards established by the Canadian workforce.

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Who Is Eligible?

Skilled Newcomers who meet the following requirements:

  • Permanent Resident, Canadian Citizen Temporary Resident, or Refugee with legal document representing working status in BC
  • Proof of education credential and work experience outside of Canada
  • Seeking to get credentials recognized in Canada and/or undertaking training for an Alternative Career
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FCR Loan Program Features

  • Loans can be used for credential evaluation, association & exam fees, books & course materials, short-term bridge training, and travel expense/living allowance
  • Multiple Loan amounts from $1000 – $30,000
  • Flexible repayment from one to five years
  • Competitive low-interest rate.
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FCR Loan Program Benefits

  • Different from banks, credit unions, and student loans; the FCR loan program focus on processing the application based on character assessment
  • If you are a skilled newcomer who just arrived in Canada with no credit history, the FCR loan program can help you if you need financial support to get back to your own profession or an alternative related career field.
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