Maximizing OSAP as a Mature Student?
I was thinking of opening an RESP and putting my funds there as both the subscriber and beneficiary if that's possible since it's on the "excludes" list(as well as primary residence, rrsp, etc). But most brokerages ive checked with disallow this. Although strangely it says to include the value of your savings accounts but not explicitly mentioning chequing accounts. (Not sure if this is a loophole)
However it also says "Do not report assets or savings from the following sources: ... ... money your parents or spouse transferred to you as their financial contribution to your studies" -- couldn't you technically claim all your money was contributed by your parents?
Looking for some other ideas, perhaps the last plan would be selling everything off and giving it to my parents or family friends.