At Nexar, we envision a world where financial barriers no longer limit the potential of deserving students seeking to study abroad. We believe that talent knows no boundaries, and education should be within reach for those ready to make a difference in the world.
Our mission is simple: to make financing accessible for ambitious students from diverse backgrounds, enabling them to pursue job-aligned education programs that lead to prosperous careers and long-term success in Canada. By shifting the focus from serving only the wealthiest families to supporting the most deserving individuals, we are creating opportunities for global talent to thrive.
Fixed at 11.95% APR, ensuring stability throughout the loan term.
We serve both onshore students already in Canada and offshore students from around the world. However, due to financial and regulatory restrictions, Nexar loans are currently not available in certain countries. Check our website for the latest list of supported regions.
Nexar partners with institutions offering 1- to 2-year diploma, certificate, and postgraduate programs in high-demand fields. We focus on programs that address Canada’s labor shortages to ensure students are well-positioned for success.
Eligible fields include:
We also collaborate with educational agents to help more students afford tuition and living costs, reducing churn after LOAs (Letters of Acceptance) and improving study permit approval rates.
We finance education programs in high-demand fields like healthcare,
STEM, and skilled trades to maximize students' job prospects.
From resume revamps and interview prep to networking tips, we help
students navigate their journey to employment.
Our loans cover tuition and living costs, with a verifiable letter
of financial support that strengthens students’ study permit applications.
For education agents, Nexar provides a unique advantage by increasing conversion rates for students who might otherwise drop out due to financial constraints. Our financing solutions allow agents to:
Nexar fully refunds the student’s cash collateral upon showing proof of study permit rejection.
While loan agreements are fixed once signed, Nexar handles requests on a case-by-case basis for students facing genuine hardship.
We provide a detailed Letter of Financial Support, showing that tuition and living costs are covered. This gives students a strong, verifiable proof of funds for their study permit application.
Nexar requires students to contribute 25% of the total loan amount as cash collateral. This amount ensures both the student’s commitment and the sustainability of our lending model.
Payments are facilitated through trusted providers like Flywire to ensure secure cross-border transactions.