Financial Aid and Scholarships

Financial Aid

Pacific Institute of Culinary Arts Entrance Grant

Value of Grant: $1,000 (6-month Program) $2,000 (1-year Dual Diploma Program)
Number of Scholarships: Two per term

Eligibility: Domestic students demonstrating financial need

One-Year Dual Diploma Grant: One-year students who complete their program within the year as per their contract. Grants are not valid if a student chooses to defer the 2nd portion of their program to another intake date. A grant of $2000 will go towards the last tuition payment.

Criteria: The One Year Student Grant criteria includes writing an essay with a minimum of 750+ words.

Eligibility: The Admission Committee will award this grant based on the financial need of the applicant. Applicant must be a registered student of Pacific Institute of Culinary Arts.

The topics to be addressed in your essay are as follows:

  1. Discuss a special attribute or accomplishment that sets you apart in this industry.
  2. Explain if and how your ability to demonstrate leadership through team work will improve while attending The Pacific Institute of Culinary Arts.
  3. From a financial standpoint, why are you a good candidate to receive this grant.

6 Month Diploma Grant: 6-month students who complete their program within 6 months as per their contract. A grant of $1000 will go towards the last tuition payment.

Criteria: Our 6 Month Student Grant criteria includes writing an essay with a minimum of 500+ words. Please see below for the questions that must be addressed in your essay. Applicants must be a registered student of Pacific Institute of Culinary Arts to be eligible. 

The topics to be included in your essay are as follows:

  1. Discuss a special attribute or accomplishment that sets you apart in this industry.
  2. Explain if and how your ability to demonstrate leadership through team work will improve while attending The Pacific Institute of Culinary Arts.
  3. From a financial standpoint, why are you a good candidate to receive this grant. 

StudentAid BC

StudentAid BC assist eligible students with the cost of their post-secondary education through loans, grants, bursaries, scholarships and other programs. They also provide programs for borrowers who need help repaying their loans.  

For further details, visit: www.studentaidbc.ca

Canadian Government Student Loans

Financial assistance can be obtained through the Canada student loan and provincial student loan programs. This assistance is available to Canadian citizens or landed immigrants to help finance their education. The amount that can be borrowed will depend on the student’s financial need. 
To obtain student loan application package, visit the Human Resources and Skill Development website: www.canada.ca/content/canadasite/en/services/jobs/training.html

Student Line of Credit

Many major financial institutions offer lines of credit for students enrolled in full-time programs. These lines of credit are based on eligibility and the credit limit will vary with each student. A parent or family member may be required to co-sign the line of credit.

Bank of Montreal’s Brain Money Student Line of Credit
Royal Bank’s Royal Line of Credit 
CIBC Education Line of Credit
TD Canada Trust Student Line of Credit
ScotiaLine Personal Line of Credit for Students

Lifelong Learning Plan (LLP)

Full-time students may be eligible for the Lifelong Learning Plan (LLP). This plan allows students to withdraw amounts from RRSPs to finance training or education. Eligible withdrawals under the LLP from an RRSP are tax-free and must be repaid within 10 years. For more information on the Lifelong Learning Plan, visit:
Canada Revenue Agency: www.cra-arc.gc.ca

Registered Education Savings Plan & Canada Education Savings Grant

Canadian students may be eligible to withdraw from a Registered Education Savings Plan (RESP). A RESP also allows students to apply for the Canada Education Savings Grant (CESG). These are grants from the Government of Canada that are paid to the beneficiary of an RESP. 

For more information, visit: 
https://www.canada.ca/en/employment-social-development/services/student-financial-aid/education-savings/resp.html

Retraining
Government institutions such as WorkSafeBC or ICBC provide funding to eligible candidates. Contact the appropriate institution to inquire about eligibility.

Awards and Scholarships

The Pacific Institute of Culinary Arts Admissions Scholarship
The Admissions Scholarship is awarded to the top applicant in each start date. There is no application form for this scholarship as the award is granted by the Admissions Committee based on the quality of the application submitted.

Number of Scholarships: 4 annually

Value of Scholarship: $1,500 (non-renewable or transferrable) per start date

Eligibility: All new student enrollments in our professional programs. Baking & Pastry Arts, Culinary Arts, & 1-year Dual Diploma Culinary/Baking & Pastry Arts.

Criteria: Entrance Scholarships are offered to top ranking applicants who are the top ranked candidate in the application process. The Admissions Committee considers all eligible applicants. Entrance scholarships are typically offered after applicants have been admitted into the program.

Scholarship decision deadline: Ongoing

The Admissions Scholarship will be credited to the 1st day of the second month payment. Recipients must be in good academic standing & have 100% attendance at the time of the program credit in order to receive the scholarship.

Pacific Institute of Culinary Arts International Entrance Scholarship 
Scholarship Value: $1,500 (Non-renewable & Non-transferrable)
Number of scholarships: One per start date

Eligibility: New international student enrollments in our professional programs. Baking & Pastry Arts, Culinary Arts, & 1-year Dual Diploma Culinary/Baking & Pastry Arts.
Applicants must be in good academic standing and must have met all attendance requirements.

Criteria: International Scholarships are offered to applicants that are classified as having international student status. The Admissions Committee considers all eligible applicants. The International Entrance Scholarship is offered to top ranking International applicants who score highly in the application process.

Scholarship decision deadline: On-going

The Scholarship will be credited to the 1st day of the second month of tuition payment. Recipients must be in good academic standing & have 100% attendance at the time of the program credit in order to receive the scholarship.

Pacific Institute of Culinary Arts President’s Scholarship
Value of Scholarship: $5,000 (Non-renewable & Non-transferrable)
Number of Scholarships: 2 per Annum  

Eligibility: Registered on the Pacific Institute of Culinary Arts 1-year dual diploma program. Applicants must reside in Eastern Canada and must not be in receipt of any other internal awards from the school. Applicants must be in good academic standing and must have met all attendance requirements.

Criteria: Applicants aspiring to become an entrepreneur in the food & beverage industry or the culinary or baking and pastry industry after graduation. This interest in entrepreneurship must be detailed in a 1500 word essay stating why the applicant should be considered for the President’s Scholarship with a brief outline of their business plan.

Scholarship decision & application deadline: The recipient of President’s Scholarship Award will be determined by the President of the school. Applicants must submit their entry by the end of their 9th month in the program but not before the 7th month of their program.

Les Dames d’Escoffier Scholarship

The Scholarship Committee of the BC Chapter of Les Dames d’Escoffier is a volunteer group composed of respected food and wine professionals. Each year the committee awards scholarships to women who plan to establish or further a career in the fields of food, wine, hospitality, nutrition, food technology and other related fields. Awards are based on merit, ability, commitment and passion, and may range in value between $300 and $3000.

Applications are accepted October 1st through January 31st each year and are awarded in March. Applicants must be B.C. residents. For more information, visit: lesdames.ca

Chef’s Table Society 
The Chefs' Table Society supports the advancement of students and cooks in the culinary fields via scholarships and bursaries, which are either awarded singly by the Society or in partnership with organizations that they support. For more information, visit: chefstablesociety.com

Greg King Scholarship
Greg King was a 22-year-old with a huge passion for cooking, he knew at age 10 that was what he wanted to do. His dream was to follow this passion through his life and eventually own his own restaurant. Greg had wanted to attend Pacific Institute of Culinary Arts; sadly, Greg passed away August 2014 in a car accident and was unable to fulfill his dream. His family set up this scholarship award to honor his dream and passion for cooking.

In conjunction with the BC Hospitality Foundation and Pacific Institute of Culinary Arts, the King Family is pleased to offer this exclusive scholarship to a deserving PICA student who exhibits the same passion and hard work as Greg King. 

Sponsored by: The King Family, Pacific Institute of Culinary Arts, The BC Hospitality Foundation
Value of Scholarship: $1,500 (Non-renewable & non-transferrable)
Number of Scholarships: One per annum for Spring intake date

Eligibility:
BC Residents (2 years minimum) who have applied and have been accepted into the 6 Month Culinary Arts or One Year Dual Diploma program at Pacific Institute of Culinary Arts for the 2019 Spring intake or be enrolled in either program during this time.

Criteria:

  • A minimum GPA of 2.5 on your latest high school, college or university transcript.
  • A reference letter from 2 family members or friends that know your passion.
  • Submit a 400-word essay describing:
  • Your passion for cooking and when you discovered this passion
  • Why you selected PICA
  • Where do you hope your studies will lead you?
  • What are your long and short term goals?
  • Your favourite item to cook for family and friends and why?
     

BC Hospitality Foundation Industry Scholarship
Up to three Industry Scholarships of $1000 each are available annually for children of hospitality workers who have worked in the industry for 5+ years. This is a legacy scholarship to support families in the industry.

Eligibility: Does your parent work in the food & beverage, hospitality, or culinary industry (including suppliers and distributors) for at least five years? If so, you have an opportunity to receive the BCHF Industry Scholarship Award.

Criteria:

  • GPA of 2.5 or higher on your latest transcript and if you are planning to study any hospitality diploma or degree including hotel/restaurant management, bar tending, sommelier, or culinary institutions.
  • A 400-word essay on why you want to work in the hospitality industry Academic transcripts
  • Two (2) reference letters from non-family members

Pacific Institute of Culinary Arts’ Referral Program

Value of Scholarship: $500 to the referrer & $1,000 to the student being referred
Number of Scholarships: Ongoing - one per student being referred
Eligibility: Referrers must be existing students or Alumni

The person referring must send e-mail to Director of Admissions (robbie@picachef.com) stating the name of the person they’re referring their contact details.

Criteria: In order for the referrer and the student to receive their awards the student being referred must be enrolled on a professional diploma program and the student must have attended at least 2 months of their program and be in good academic standing and met all of the school’s attendance requirements.

BC Passport to Education

The BC Ministry of Education provides financial awards to secondary school students in both academic and non-academic areas. For further information, visit:

https://www2.gov.bc.ca/gov/content/education-training/k-12/support/scholarships/provincial-scholarships/passport-to-education 

Other External Scholarship & Award opportunities
http://www.studentawards.com/
http://www.scholarshipscanada.com/