Students

Osap tips/advice/questions

Deal Addict
Jan 21, 2014
2282 posts
536 upvotes
What is OSAP Funding GSL? My daughter applied for OSAP after 4 years of undergrad and she received 3 items: 2 from Canada GSL (one loan and one grant I supposed) and one addition item called OSAP funding GSL. She never had this before during undergrad years. Is it grant or loan?
Member
Mar 26, 2013
297 posts
8 upvotes
Toronto
what amount triggers an overpayment? if you underestimated your income in the summer by 300$ does this result in an overpayment?
Last edited by lovetolearn on Nov 15th, 2016 5:15 pm, edited 1 time in total.
Member
May 19, 2015
263 posts
19 upvotes
Toronto, ON
A friend applied for osap 30% off tuition but got rejected since she was taking only 1 class for the fall semester. Can she re-apply in the winter semester since she has a full course load?
Jr. Member
May 22, 2012
111 posts
9 upvotes
lovetolearn wrote:
Nov 15th, 2016 5:15 pm
what amount triggers can overpayment? if you underestimated your income in the summer by 300$ does this result in an overpayment?
nah. Many people in coop have 15+k income in the summers (20-32/h), and they ussually miss income by a few hundred. its all good, dont worry lol
Member
Mar 26, 2013
297 posts
8 upvotes
Toronto
alright cause i underestimated my income from may-june by 300$ was worried...
Sr. Member
User avatar
Aug 31, 2006
897 posts
34 upvotes
How does RAP work, do you have to report to them when you've found a job, or do you stay on RAP until the 6 months end and then the payments automatically start?

And does interest accumulate while you're on the RAP?
Member
May 31, 2010
405 posts
20 upvotes
Hey guys,

Question.

So it seems free tuition is starting for next year. My question is, for those of us who are Ontario residents, but will be studying at a public institution out of province..would we be screwed?
Newbie
Dec 18, 2016
1 posts
Question.
for income the first section I wrote I made 3,00 but I made 5,000. and the second section I put 5,000 but I made 4,000. together it is really 1,000 off. but will it screw me over
Member
May 31, 2010
405 posts
20 upvotes
hellookbye wrote:
Dec 19th, 2016 2:07 pm
Question.
for income the first section I wrote I made 3,00 but I made 5,000. and the second section I put 5,000 but I made 4,000. together it is really 1,000 off. but will it screw me over
no
Newbie
May 3, 2015
41 posts
18 upvotes
Toronto, ON
What's the limit for how much you can make in the summer before osap starts limiting your funding?
Member
Jun 10, 2015
470 posts
178 upvotes
AeloHpars wrote:
Nov 16th, 2016 9:18 pm
A friend applied for osap 30% off tuition but got rejected since she was taking only 1 class for the fall semester. Can she re-apply in the winter semester since she has a full course load?
Did she apply for OSAP for both semesters when she got rejected for the 30% off tuition? If not, I believe you can. Just put that you have a full course load and you are applying for the winter semester
Deal Addict
Jan 21, 2014
2282 posts
536 upvotes
What does loan forgiveness mean? My daughter just got a revised notice from OSAP and it gave her additional $2K but it's forgiveness. Does it mean the $2K will not count toward her loan total?
Newbie
Jan 24, 2010
61 posts
7 upvotes
Toronto, ON
dreamingstars wrote:
Dec 23rd, 2016 10:01 pm
What's the limit for how much you can make in the summer before osap starts limiting your funding?
As of now, all income earned by students, whether it's during the school year or during the summer, does not affect the loan amount. Neither does the value of the student's car.
Newbie
Dec 23, 2010
3 posts
Ontario
Question regarding the OSAP rebate that brings your total owed per semester to $3,400,

When is this issued for those who finished their fall semester?

I know OSAP only requires you to pay back a max of $3,400 per semester, I've only taken OSAP for the fall semester, when would I see a rebate / grant that would bring me down to the $3,400?

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