PICS FCR services are available online - Foreign Credential Recognition Loans Program

PICS FCR services are available online to serve you to help prevent the spread of Coronavirus (COVID-19) and to ensure the health and safety of the community and our employees.

If you need any assistance for Resume Review, Resume Building, Career Guidance, Financial services, please contact us at fcrloans@pics.bc.ca and email your contact no. and queries. Our team would be pleased to assist you as soon as possible.

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PICS – FCR

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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