I used the OSAP aid estimator and it came up with a figure of ~$11,000. After completing my actually OSAP application it gave me an early estimated amount of $6200. The application says it's still verifying information with third parties and that this process will take approximately 4-5 days. Should I expect the $6000 to be roughly in the ballpark of what to expect? Is the aid estimator usually that far off? I also noticed I over estimated my income for the two periods between January and September by about $~3000. Will having this changed have any significant impact on my estimate/loan amount?
Some quick background facts. I moved back in with my parents in January 2015 and am 27 years old. I think I would qualify as an independent student, though I don't know exactly what that means for OSAP. I also won't be working during my time at school, as my last shift is July 29th. Going back to school wasn't planned for this year, as I have been dealing with bad anxiety and depression. Between January and July 29th I've probably made somewhere in the range of $8300 (my application estimation amount was around $11,000). As I wasnt planning to go this year I didn't really have any savings to speak of.
Basically my concern is that the estimated amount is just barely enough to cover my tuition, compulsory fees, books and other direct education costs. Seeing as I won't have a job and you can't really work that much while on OSAP I feel as if I won't have much in the way of spending money for anything outside school. I'm more than willing to go it on the $6,200, it's just the aid estimator led me to believe at least some part of travel and living expenses would be compensated by OSAP.