Latest interview on Prime Asia Channel - Foreign Credential Recognition Loans Program

March 14, 2022 Foreign Credential Recognition Loans program shared the program information on Prime Asia Channel. The Program Manager talks about the insights of the program and the struggle of internationally trained professionals.

Weblink – Interview on Prime Asia -Youtube

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.

Learn More

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

Learn More

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.

Learn More

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.

Learn More