Here's a trick I used to save nearly $10,000 in tuition at my time at the University of Guelph. This will depend on your university, and there are caveats/tradeoffs, so read the post in its entirety . OSAP defines a full-time student as someone who takes "60% of a full course load". At mos...
I've decided to get back to studying but I have some concerns about whether or not I'd be able to support myself during the study. I looked around and found OSAP's fund estimator: https://osap.gov.on.ca/AidEstimator2021Web/enterapp/enter.xhtml?lang=en Has anyone use it before and compare it with wha...
Hi RFD Users, Sorry for my bad English in advance I came to Canada on Dec 2018, and I applied for a program in Seneca college which starts on Jan 2019, Since the first day which I landed my address is different with my parents. I'm living with my girlfriend and we don't have any written rental agree...
I was recently told that OSAP eligibility is tied to family income and that families making close to or more than 100K per year are not eligible to sign as guarantors for their kids' osap loans.Is this true?Can someone please elaborate a bit? Thanks in advance for your time.
Hi there, i was wondering if anyone knows if OSAP can send you to collections if you have been paying less than the minimum for the past 6 months on your osap payments monthly? I have been been paying them less than the minimum and skipped two months. Will they send me to collections? I last paid th...
Oct 29th, 2019 9:54 pm
ok, I get it, school is expensive, but is it just expensive compared to the panacea of Wynn's "free tuition" of 2017-2109? I know that things have changed significantly when Ford introduced the new OSAP rules. What I am interested to know, is how are the new rules different from BEFORE Wyn...
I was just wondering can you have 2 addresses on osap application? I changed my address from Hamilton to Etobicoke because I go to Humber College. I got a car so I had to change my address back to my parents in Hamilton due to insurance costs it’s cheaper in Hamilton. But I still live in Etobicoke f...
I am apply personal support worker major in Seneca this May, Seneca emailed me to remind that to hold a guaranteed seat in this major, I have to pay $500 non-refundable fee before the end of March. Currently I am in the processing of OSAP and won’t get any money until school starts at May. It is com...
Hi guys! I am going to enter the repayment in coming November and I currently in grace period. I just got a letter from NSLSC about repayment agreement which I need to fill it out and mail back to NSLSC. But I have some questions about paying back the repayments, could anyone kindly help? I tried to...
Hi there, I am taking a 2 year program at Centennial College and I failed one course on my 3rd semester and another one on my 4th semester. Any ideas what I should so? I'm only wondering if I could still apply for OSAP to finish those 2 courses that I failed. I want to finish my college program and ...
I saw the sticky; but wasn't sure if it was meant more for info and input rather than distinct threads like this. but mods, please feel free to move it, along with my apologies. A friend of mine is 30. Her OSAP loans are somewhere around $30K - $40k. Her last semester was at least five years ago. - ...
Oct 17th, 2016 1:35 pm
Hello,
What would happen if I did not submit my documents?
Oct 1st, 2015 8:36 pm
Hi guys I have already started saving for the osap loan which I will pay back when I am done with my degree. Basically I am taking some portion from my paycheck and adding it in to my savings account. The reason why I am doing this is because after 2.5 years when I am done with my degree and unable ...
Sep 29th, 2015 6:03 pm
Hi, I had some left over OSAP ($6500) money from the previous school year that I put into a equities margin account (stock trading account) to trade stocks over the summer. I put the money in there roughly 2-3 weeks ago and was wondering, do I have to report this under "Other Assets"? I've...
Aug 18th, 2015 12:43 am
Hi, I have a multi-parter question: 1) OSAP only seems to ask for the amount of RESP i will be *withdrawing* in a year, and not the total amount of the RESP. In fact, in the "assets" section of the OSAP profile it tells me specifically to NOT list my RESP, RDSP, or RRSP amounts. Where woul...
May 10th, 2015 2:28 pm
-- No more vehicle deductions -- No more hit from working a part time job :cry: Why wasn't this around 2 years ago? That's because the new provincial budget eliminates the requirement for students to have to report their vehicle as an asset or part-time work as income deduction when they are assesse...
Hi all, My total OSAP debt is 43k @ 5.35% I just graduated in the end of December 2014, so I am still in the payment-free period but not the interest-free. So my interest will accumulate on the Federal portion ($40K @ 5.35%) for the next 6 months. Even though I haven't found a job yet, but I am stil...
Jan 30th, 2015 12:44 pm
I did graduation in August. As per OSAP i need to pay back from 1-Mar Currently i am jobless. And still looking for Job. I am making money by selling some items and making about 700$ per month only. Is there any way to extend 6 months OSAP grace period. Currently i can't pay any money. Is there any ...
Jan 13th, 2015 10:47 pm
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