OUR PROGRAMS
The B.R.I.D.G.E Program
The African Impact Initiative and Oasis Lending Group have partnered to bridge the gap for Black Immigrants of African descent in Canada by providing access to tailored financial support.
BRIDGE MICROLOAN
Get up to $10,000 to help pay for costs related to post-secondary enrollment
Our loans are designed to be affordable with a 7% fixed interest rate payable for the entire loan duration, so you can focus on achieving your educational goals.
Apply and receive your funds online. No application fees.
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Enrolled in the final year of a recognized post-secondary program
You must be in the final year of a recognized post-secondary institution or accredited training program.
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A good credit score
You must have a good credit score with no undischarged bankruptcy or consumer proposal on record.
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International student, permanent resident or conventional refugee
You must hold a valid study permit, permanent residence, or conventional refugee status in Canada.
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Lived in Canada for at least 1 year
You must currently be living in Canada and have been a resident for a minimum of one year.
ARE YOU ELIGIBLE?
Minimum Requirements
Check out the general requirements to get a Bridge student loan with Oasis.
We aim to process these loans within 7 working days. However, it depends on a number of factors, including how many loan requests we receive and how quickly you provide us all the necessary information.
Every client's situation is different, so our loans are not one-size-fits-all. We charge 7% fixed interest per annum on the loan amount throughout the program term plus 3 months after completion in equal installments. Thereafter, you make principal and interest payments in equal installments for 12 months subject to the expiry of your status. Your Oasis contract will detail the terms and conditions in full. If you'd like to discuss your particular situation, please contact our Client Support Team at info@oasislendinggroup.com.
You will need to provide some personal information such as your name, address and phone number. We also ask a few questions regarding your educational details, employment information, immigration and financial status. Depending on who will repay the loan — the student or guardian — the document upload form specifies the documents we will need to see.
Absolutely! The bridge loans are open and so you can make lump sum payments or pay it off at any time without any penalties.
Check out the full list of frequently asked questions about the bridge loan on our FAQ page.
STILL HAVE QUESTIONS?
Frequently Asked Questions
Answers to the most common questions about the Bridge loan program.