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Did you know we have over 2,000 students and graduates across Canada?
Go backDesigned for busy working professionals, this fully online MBA course is highly flexible and delivered with interactive, bite-sized content and personalised student support.
Go backGo backGo backGo backIf you choose to pay upfront, you’ll receive an invoice for the full course amount from your AIB Course Advisor prior to starting your first subject. This invoice (which also serves as a tax invoice) will outline all current charges and tuition fees on your Student Account and includes a payment due date.
You can make your upfront payment through the following methods:
Please note that most payment methods have a $30,000 limit per transaction, so multiple transactions will be required to complete the full payment. For detailed instructions and access to this payment option, please visit our Payment Page.
We’ve partnered with Rotessa to provide a flexible, interest-free payment option for students enrolled in:
Our payment plan allows you to spread the cost of your tuition across affordable monthly payments with no added interest, making it easier to manage your finances while you study.
Key details:
Please note: Effective from Term 4.5 2025, if you are studying concurrently, your monthly payments will be adjusted to reflect your accelerated pace, ensuring you graduate as soon as possible. For each term of concurrent study, you will be required to make two monthly payments, at double your normal rate.
AIB’s payment plan in partnership with Rotessa, is a simple secure direct debit system that automatically withdraws your monthly payments from your nominated bank account on the agreed dates. Once enrolled in a payment plan, you’ll receive a payment schedule, so you always know what to expect.
Getting started is easy:
Yes, you can pay off your payment plan early. To do so please contact AIB’s accounts team at accounts.receivable@aib.edu.au and they will determine with you an adjusted payment plan to support early payment.
If you have any questions or encounter issues with your payments, you should first reach out to your Course or Enrolment Advisor for assistance. They can help resolve most concerns or liaise with our payment partner, Rotessa or with finance team at AIB on your behalf if needed.
AIB is officially recognized in Canada as an International Designated Educational Institution by the government body CanLearn (registered under the code VPCF on the International Master List of Designated Educational Institutions). This designation means that eligible Canadian students can apply for government financial assistance (including student loans and grants), through their provincial, territorial, or federal aid programs while studying with AIB. To explore your options and apply for funding, visit www.canlearn.ca.
We strongly encourage you to apply for financial aid at the same time you apply to study with us, as this gives you the best chance of receiving your funding when your program begins. As part of your application journey, your dedicated AIB course advisor can guide you through the process and offer support in preparing your student aid application.
The AIB MBA program is currently approved for student aid in Alberta, Ontario, Nova Scotia, and Manitoba. If you reside in one of these provinces, you may qualify for government financial assistance that can significantly lower your expenses making your MBA more accessible and affordable.
To estimate how much financial aid you might be eligible for, we recommend using the Student Aid Estimator.
Useful Links by Province:
For more information about applying for government student loans and grants while studying with AIB, visit our dedicated Canadian grants and loans page.
AIB programs qualify under the Canada Revenue Agency’s Lifelong Learning Plan (LLP), which allows you to withdraw funds from your Registered Retirement Savings Plan (RRSP) to finance your education.
Through the LLP, you may withdraw up to $10,000 per year, to a maximum of $20,000, for your own studies or those of your spouse or common-law partner and pay back the funds withdrawn over a 10-year period. As long as you continue to meet the LLP’s requirements, withdrawals can be made until January of the fourth year following your first withdrawal.
Why students use LLP:
A Registered Retirement Savings Plan (RRSP) is a retirement savings account registered with the Canada Revenue Agency (CRA). Contributions are often tax-deductible and income earned inside the RRSP is tax-deferred until funds are withdrawn, at which point it is generally taxed.
If eligible, the LLP allows you to withdraw funds from your RRSP tax-free to help finance full-time education for yourself or your spouse/common-law partner. Repayment is required over 10 years.
To participate in the LLP, you must meet all of the following conditions:
You must also:
In Canada, the definition of a full-time student is generally tied to your course load. Most provinces, including Ontario, Alberta, and Nova Scotia, consider you a full-time student if you are taking at least 60% of a full course load (which is a minimum of 5 AIB subjects a year). However, if you have a permanent disability or a persistent/prolonged disability, you may qualify as full-time with at least 40% of a full course load.
For more details, you can refer to provincial guidelines:
For full details, refer to the CRA’s official information, in short you will need to:
Once a student is designated, they must remain the same for all withdrawals.
Regardless of your tutition costs, you can withdraw up to $10,000 per year from your RRSP and your spouse/common-law partner can also withdraw up to $10,000 in the same year. If you meet the LLP conditions every year, you can withdraw amounts from your RRSPs until January of the fourth calendar year after the year you’ve made your first LLP withdrawal.
The lifetime limit is $20,000 each time you participate, and you can participate again once your balance is fully repaid. Any withdrawal over the $10,000 annual limit or $20,000 lifetime limit is added to your income for that year.
Because the AIB MBA emphasizes practical, work-applied learning, your employer may benefit directly from the skills and knowledge you gain throughout the program.
As a post-secondary student in Canada, you may be eligible to claim a non-refundable tuition tax credit when filing your annual personal tax return to the Canada Revenue Agency (CRA) provided you personally pay for all or part of your tuition.
If you are studying at an educational institution outside of Canada, such as AIB, you must meet specific eligibility requirements and submit the appropriate CRA tax form (TL11A, TL11D or T2202). As an AIB student, you can request the relevant tax form by emailing accounts.receivable@aib.edu.au
Claiming this tax credit may help reduce your overall tax liability for the calendar year in which your tuition was incurred and paid.
To learn more about your Canadian income tax obligations and the potential benefits available to students studying abroad—including details on the required CRA tax forms, please visit the CRA’s dedicated page: Information for Students – Educational Institutions outside Canada.
Please note that the above information is intended as general guidance only and should not be relied upon as professional tax advice. You are strongly encouraged to seek independent advice tailored to your personal financial situation.
For further details on payment options, available student support, and the tools and resources designed to assist you throughout your AIB journey, we recommend visiting our Student Handbook, accessible via the AIB main website.
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