Program Eligibility
Eligible Vehicles
- All new and unregistered Yaris, Yaris Hatchback, Corolla XRS models, Matrix XRS models, RAV4 V6 models and Tacoma models (including Toyota Canada Inc. demonstrators of these models only) by an authorized Toyota dealer.
- Toyota Graduate Program Allowance is in addition to any consumer retail incentives that may be available from Toyota Canada Inc. (TCI) at the time of delivery.
- Vehicle must be registered in the name of the applicant.
- Toyota Graduate Program Allowance Applications must be submitted by the dealer within 30 days of vehicle delivery to be eligible for the Graduate Allowance.
- Each graduate is only eligible to receive the Graduate Allowance one time under this program.
Graduate Eligibility
You will graduate within the next four months or have graduated in the last four years from an accredited Canadian university or college.
The four-year eligibility period will be measured from the date shown on the graduate's diploma. Applications outside the specific forty-eight month period cannot be accepted.
College of Applied Arts and Technology (outside Quebec) Diploma** 2 years Cegep (Quebec) Diploma of College Studies (Technical program)** 3 years * *Registered Private Vocational Schools are not eligible * **Certificates/Attestations are not eligible * ***Post-graduate degrees (Masters, PhD, etc...) are not eligibleMinimum Requirements
| Eligible Schools* | Eligible Degree** | Minimum Length |
| University | Bachelor*** | 3 years |
| College of Applied Arts and Technology (outside Quebec) | Diploma** | 2 years |
| Cegep (Quebec) | Diploma of College Studies in technique** | 3 years |
* Registered Private Vocational Schools are not eligible
** Certificates/Attestations are not eligible
*** Post-graduate degrees (Masters, PHd, etc...) are not eligible
Graduates from non-Canadian schools may qualify; however, the applicant may be required to provide proof that the school is accredited through the applicable foreign governing body.
Each graduate is only eligible to receive the Graduate Allowance one time under this program.
Allowance Amounts
| Vehicle Type | Allowance |
| 2008-2009 Tacoma | $1,000 |
| 2008-2009 Yaris Hatchback | $500 |
| 2008-2009 Yaris | $500 |
| 2009-2010 Corolla | $500 |
| 2009-2010 Matrix | $500 |
| 2008-2009 RAV4 | $500 |
| Toyota Certified used vehicles | $500 |
Effective March 5, 2009.
Required Documentation
- Copy of diploma, or letter from Registrar's Office confirming graduation within the next four months.
- Copy of Vehicle Purchase or Lease Agreement.
- If graduate's name on diploma is different from name of applicant, documentation of the name change is required.
- If student graduated from a non-Canadian school, proof of school's accreditation from applicable foreign governing body may be required.
Procedure
Léveillé Toyota is responsible to ascertain that the applicant meets the required terms and conditions before an Allowance Application Form is submitted.
Upon acceptance of the application, Léveillé Toyota will be faxed the form indicating approval. If the application does not meet the program's terms and conditions, a letter will be faxed to Léveillé Toyota indicating "Application Ineligible".
Payment Procedure
Applicants have two payment options:
- Option A: receiving payment directly from Toyota Canada Inc.
- Option B: assigning payment to the Dealership
If Option A is selected, a cheque will be mailed directly to the applicant from Toyota Canada Inc. If Option B is selected, a cheque will be issued directly to the Toyota Dealership from Toyota Canada Inc.
TFS Leasing and Financing
Toyota Financial Services offers advantageous financing and leasing terms for qualified graduates. Approval of the Graduate Program Allowance from Toyota Canada Inc. does not automatically include TFS approval of a lease or finance contract. Please contact your Toyota Financial Services Branch Office for details of the criteria and procedure for TFS approval.
