The Ontario scholar support regimen (OSAP) are just an aid that is financial funded by the federal and provincial governments for post-secondary students. OSAP provides Ontario pupils with economic help to simply help pay money for university tuition and associated costs that are educational.
Through an individual application you will end up examined for federal and provincial give financing, as well as a repayable education loan.
Before you go further to the information on OSAP money, we encourage pupils to watch The nationwide scholar Loan services CentreвЂ™s orientation webinar connected above. Your will find out about:
- Who’s mixed up in realm of education loan capital and whom you should contact in several circumstances.
- The 3 phases of one’s education loan and what goes on in every one of those phases.
- Repaying their education loan and what the results are in the event that you canвЂ™t or donвЂ™t create your re payments.
Full-Time vs Part-Time OSAP
OSAP money can be acquired for both full-time and part-time post-secondary people.
You really must be using 60% or higher of a course that is full to be looked at when it comes to full-time scholar assistance regimen (Full-time OSAP). What this means is a minimal course load of 1.5 credits per term for undergraduate pupils. Graduate people needs to be designated as being a graduate that is full-time because of the Faculty of Graduate and Postdoctoral Affairs. Read More