Funding

Funding for co-op students is the responsibility of the employer. However, some federal, provincial, and private organizations offer subsidies and grants to hire students.

Student Work Placement Program

The federal Student Work Placement Program (SWPP) provides wage subsidies for employers to hire post-secondary students across Canada.

Through SWPP, employers can receive subsidies of:

  • 50% of wages, up to $5,000, or
  • 70% of wages, up to $7,000 for students from under-represented groups.

Note that as of April 1, 2022, the COVID-19 flexibility measures are no longer in place, so post-secondary institutions are not eligible and positions must be “net new.”

For details, please contact the SWPP delivery organizations to check eligibility criteria.

Access SWPP Funding

In order to access funding, you must apply through a delivery organization. Funding is administered on a first-come, first-served basis, so we encourage you to apply as soon as possible when applications are open each term. (Timing will vary by delivery organization.)

Due to the diversity of eligible roles and sectors, most UBC Arts Co-op employers would find the best fit through Magnet, TechNation, Talent Opportunities Program, and Information and Communication Technology Council (ICTC).

Delivery Organizations

Below is a selection of organizations that provide SWPP funding. For the full list, click here.

The program is delivered by Magnet along with a range of recognized associations and organizations who represent key industries and sectors in Canada. Eligible employers can be from any industry, except for large institutions from the financial sector. Federal, provincial, territorial and municipal governments, as well as federal and provincial Crown corporations, also do not qualify.

An eligible employer must be willing to provide a quality work experience in roles that immerse a student in the use of technology. Tech and non-tech focused organizations are encouraged to apply.

Roles can be in the fields of:

  • Arts & Interdisciplinary
  • Business & Business Technology Management
  • Computer Science & Engineering
  • Computer Systems Technology

The program is delivered by the Ontario Chamber of Commerce and is open to registered Canadian businesses or not-for-profit organizations located anywhere in Canada, operating in any sector. Exceptions include major financial sector employers and federal, provincial, territorial or municipal governments.

The program targets employers whose core business is in emerging IT and ICT-digital sectors. Alternatively, the position may still be eligible if the application clearly demonstrates that the position offered is directly involved in the development or implementation of an emerging technology.

This program supports employers and post-secondary partners to help students kick-start their career path in the environmental sector.

This program supports employers and post-secondary partners to help students kick-start their career path in the environmental sector.

Funding is available to a range of employers across Canada, if:

  • You’re an SME, start-up, social enterprise, nonprofit, or charity
  • Your business is located in BC, AB, MB, SK, NB, NS, PEI, or NL
  • You have between 1 - 500 employees
  • You can provide an internship opportunity that allows Venture Canada interns to contribute to new initiatives or add new value to your organization.
  • All industries welcome

Canada Summer Jobs Program

Canada Summer Jobs (CSJ) is an initiative of the Youth Employment and Skills Strategy.

It provides funding for not-for-profit organizations, public-sector employers, and small businesses with 50 or fewer employees to create high-quality summer job opportunities for youth between the ages of 15 and 30.

For more information, visit the Employment and Social Development Canada website.

Young Canada Works Program

Young Canada Works (YCW) wage subsidies are dedicated to offering summer jobs and internships to Canadian students and graduates, allowing them to gain valuable experience while putting their skills to the test.

Young Canada Works (YCW) sponsors 2 summer job programs for students:

BC Arts Council: Co-op Placements Program

The BC Arts Council’s Co-op Placements Program provides arts and cultural organizations from across British Columbia with support in hiring students through co-op placements for professional work experiences.

Mitacs Accelerate

Support your hiring of an undergraduate or graduate co-op student with Mitacs Accelerate – a national internship program that connects companies and other organizations with Canada’s universities.

  • Funding: $10,000-$15,000 per 4-6 month internship with the employer contributing $5,000-$7,500 per internship.
  • Eligibility: For-profit and not-for-profit organizations in Canada, for-profit organizations operating outside Canada. In 2020/2021, municipalities are also eligible.
  • Timelines: Apply anytime and applications are reviewed in 6-8 weeks.

During an Accelerate internship, the student spends about half the term on site at your workplace, working on the research issue in question and collecting data. For the balance of the term, the student will spend at UBC further advancing the research under the guidance of a faculty supervisor.

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