As times are hard, it’s not unusual to want to take out a loan to set you on the right path. If you are looking to borrow and are from Spain or the Canaries, we have an agreement with a local bank which offers continued study loans (the CELTA is a recognised form of continuous study) at low interest rates and with repayment plans over a reasonable period of time. Again, have a chat with our Director, Fran to discuss the details and to get some help and advice on applying for this directly with the bank.
Grants and Government Assistance
Finally, if you are already working in the Canaries for a privately owned school, Academy, language centre, training company or any other type of company, you may be eligible for assistance from La Fundación Tripartito. This group was founded by the social security here and gives companies a non-accumulative annual credit that they can use to fund training. The size of this credit is determined by the number of employees within the company and their level of education. Should you be supported in doing the CELTA by your current employers and are eligible for some form of assistance, then your organisation would apply for the funding for you.
In this case, the procedure is that your organisation would pay us and then the amount they have paid is deducted from their next social security payment.
Please also see the ‘cursos para empleados’ section of our website where there is a more detailed explanation in Spanish.