Sorry to hear about your situation. Being laid off, you would meet initial eligibility criteria for Second Career; however, you will need to be assessed for suitability and financial feasibility before you can proceed with an application. Since your existing education is more than two years old, it would not prevent you qualifying; it affects you only in that you score fewer points in the education category.
Real estate training can be covered by Second Career; however, it's a reluctant cover, from what I have seen. There are two main areas of cost for real estate: the courses and the fees. Second Career only covers the tuition for the courses, not the additional fees, and the last time I saw the costs for both areas the fees were higher than the tuition. Why is Second Career reluctant about real estate? Because it's not a field where people are guaranteed to be successful. It's commission-only, for one thing, and for another there tends to be more people with real estate licences than there is work available (even in the current very hot housing market). It's very hard to get established in the real estate field, and many people never will - so the feeling is that the money paid for the training is wasted.
That said, I'll answer your other questions. You can apply for SC even if you're still receiving severance. If you're receiving either severance or EI, you're very unlikely to qualify for Basic Living Allowance in addition (your household income, which includes EI, is deducted from eligible expenses, and if your income is higher than the eligible expenses, then no BLA is payable). If you were eligible for BLA, you've guessed right: it's only during the precise period of the individual courses, and not in between. (Normally, SC will pay BLA for any break in studies of under three weeks, but we've been informed that for real estate there will be no payments during breaks, because there's rarely any certainty around how long the breaks will be). You would continue to receive your EI, however, for as many weeks as you are eligible to receive it.
A recommendation from me, however - which I would make (and have made) to any client of mine considering Second Career, and especially for an occupational goal which is risky - DO YOUR RESEARCH. You have to research anyway as part of the application, but take it really seriously. Is this an occupation where you genuinely think you can make a living? How will you pay your bills for the first year or so, during which you are likely to make very little money, if any? Are you comfortable living on an uncertain and fluctuating income? Are you willing to be available for work 12+ hours a day, 7 days a week? What will you do if things really don't work out for you in the field? Will you need a 'survival job' on the side in order to be able to afford to work as a real estate agent?
I hope this helps, and good luck.
rust0r1 wrote: ↑Aug 10th, 2017 12:09 amHi EmpCouns,
First off, thank you so much for your time and assistance provided to everyone in this thread. After reading countless pages till my eyes glossed over, and not being able to find much when searching the thread; I'd like to ask what you can say regarding my situation.
In late July I was permanently laid off/downsized from my position where I had worked for just over 4 years. I currently have a Diploma in Computer Programming (2005) and Business Degree (2012) if that factors into anything.
I am debating getting my Realtor license and see that it is something SC appears to cover from my reading.
Of course being recently unemployed, once my severance ends in just over 2 months time, I will be applying for EI. Not understanding the whole program and how it works with individuals on EI, or applying for EI, I am really not sure the "questions" to even ask you regarding problems, etc.
A realtor license/training isn't something that takes 2 years, it can be done in 1-2 months. If I am on EI, or applying for EI, am I also able to apply to SC to cover the cost of realtor courses (approx 3400~) ?
Would SC give living allowances greater than what my EI entitlement is ? How do the two play together (does SC impact EI)? If SC gives an allowance to living expenses, is it only during the time of my courses?
If there is any information I can provide to you that would better help you inform me on my situation please let me know.
So grateful for your time and guidance.