If you are receiving a Canada Student Grant for Part-Time Studies, you will be given two documents from your financial aid office:. Review both documents carefully and provide the information and signatures requested. If you received notification indicating that you are eligible for a Canada Student Grant for Part-Time Studies and your study period has already started, please allow two to three weeks for your certificate to be received at your financial aid office.
If you withdraw from studies or change from full- to part-time status within 30 calendar days of the first day of classes, the National Student Loans Service Centre will convert all or part of any Canada Student Grants that have been issued to you into a loan.
Furthermore, if a reassessment of your application determines that you are ineligible for previously issued Canada Student Grant s , all or part of those grant s will be converted to a loan in accordance with the conditions stated on your Certificate of Eligibility. You must successfully complete all of the courses that you received aid for in order to remain eligible for future aid consideration; otherwise, you will have to successfully complete one semester of self-funded studies before you can be considered for this grant in the future.
Students Attending a School located Outside of Ontario: Send your application to your school to complete Section E of your application. Deadlines The deadline that your financial aid office must receive your completed application and all required documents by is based on the length of your study period: Study Periods less than 30 days long: within the first 7 days of the study period start date.
Study Periods from 30 days to 20 weeks long: within the first 30 days of your study period start date. Study Periods 21 weeks or longer: no later than 90 days prior to the end of the study period. Typically funding received through stipends and fellowships is reported on a T4A.
And, this funding should be reported as scholarship income on your OSAP application. Please note that if you have a funding package, OSAP funding will not be redirected to cover your tuition and fees, since you have an agreement in place with the University to cover your tuition and fees already.
Find their contact information in the Financial Counselling Directory. If you did not receive the maximum amount of OSAP, there are a number of appeals available. Please note the following is not an exhaustive list. If you are experiencing circumstances that may not have been taken into account in your OSAP assessment, and you are concerned about your ability to fund your studies this year, please contact us to have a Financial Aid Counsellor review your OSAP application and help you determine your options.
That means that students are required to successfully complete the academic requirements of their program to continue to be eligible for OSAP. For the next academic year, after the OSAP Probation was applied, your academic progress will be monitored closely by Enrolment Services. However, you will be expected to remain in and pass the minimum course-load for the OSAP funded term s. If you meet the minimum course-load requirements, then the Academic Probation will be removed from your OSAP file at a later date.
You will then be restricted from further OSAP funding for a minimum of 12 months. Once you have obtained a passing grade in the course s , you may request a review of your academic progress.
OSAP also expects you to advance through your program. Frequent or multiple program changes, repeating courses, or failure to advance in your degree can result in an Academic Probation. OSAP provides funding for the length of your program plus one year.
If you take longer than this, you may be placed on probation or restricted from further funding for this degree. Students with documented permanent disabilities are exempt from this policy. If you defaulted on the Canada portion of your OSAP loan , you may be eligible to bring your loan back into good standing and get further funding.
Rehabilitation of your Canada Student Loans typically involves making the equivalent of two monthly payments on your loan, and either repaying all outstanding interest or adding the interest to your loan balance. If you defaulted on the Ontario portion of your OSAP loan , you must either repay your Ontario loan in full or rehabilitate your loan in order to receive future funding. Ontario Student Loan rehabilitation involves repaying all outstanding interest and making a series of monthly payments according to your agreed rehabilitation schedule.
Contact the following agency to determine the current status of their provincial debt and which private collection agency has the debt. If you have defaults for both the Canada and Ontario portions, you will need to complete both processes to regain full eligibility. It is your responsibility as a borrower to make your student loan payments on time to keep your loans — and your credit — in good standing.
Repayment of your student loans will begin on the first day of the seventh month after you stop being a full time postsecondary student. For example, if you leave or complete full time studies on April 30, your first student loan payment would be due in November.
If you are experiencing financial difficulties in meeting your repayment obligations, there are programs to help. For more information about your repayment options, visit the National Student Loans Service Centre website or phone Repayment information from the OSAP website.
If you ever think you may not be able to afford your payments, contact the National Student Loans Service Centre NSLSC at for information on their repayment assistance programs.
Remember that missing payments on your student loans has consequences, including affecting your credit rating and your eligibility for future OSAP assistance..
If you have a permanent disability and receive social assistance such as Ontario Disability Support or Ontario Works for your living expenses, applying to Part-Time OSAP may be the better option to fund your educational costs and limit your debt. Noah Meltz Bursary — available to undergraduate students registered in certificate, degree or diploma programs.
If you would like to delay your fee payment while your part-time funding is being processed, please do the following:.
If you have unmet need, OSAP will send you a notice requesting detailed information that is not in the OSAP application, such as your expected employment income during the school year. You can receive OSAP while on exchange, but you must provide some additional documentation. The instructions are available at the CIE Website. Students must maintain satisfactory academic progress. Note: You may not be eligible to receive the full amount of the credit balance refunded to you.
Normally when you make a student loan payment for your Canada-Ontario Integrated Student Loan, the payment is allocated proportionally between the federal and provincial portions of your debt. However, the federal government has announced that Canada Student Loans will be interest-free until March 31, In other words, your Canada Student Loan is not currently accruing interest. Ontario Student Loans, however, continue to accrue interest, As of July 7, , you can make a lump-sum payment to your Ontario debt.
Contact the National Student Loan Service Centre at for instructions on how to proceed. Your university fees consist of tuition, incidental and ancillary fees, and are based on several factors. If you are a Canadian citizen, permanent resident or protected person, there are many sources of financial aid available to help you cover the costs of your University of Toronto education — from OSAP and other government aid, to assistance provided by the University.
Explore your options. The University of Toronto is a publicly-funded institution and because of that cannot offer financial aid to international students. Submit your OSAP application, then print and sign the consents and declaration pages — and any other required supporting documentation — and upload to your account on the OSAP website.
Eligible high school students are automatically considered for a variety of admission scholarships when they apply to the University.
There are also admissions scholarships that require a separate application, and others that require you to complete an awards profile. Note, however, that the value of scholarships is rarely sufficient to cover all costs the student will incur while attending University of Toronto. Enrolment Services University of Toronto St. We are located on the west side of St. George Street, just north of the intersection of St. George Street and Bloor Street West.
The closest subway stop is St. George Station. Telephone inquiries are answered on Monday, Wednesday, Thursday and Friday from a. Please note that for the months of July and August our summer phone hours will be until p. Regular phone hours will resume in September. Where follow up appointments are necessary these will be held by phone. We are open with limited hours for in-person inquiries. Click here for more details about visiting in-person.
Fees Student Awards Financial Aid. Upload any required documents through the OSAP website. After applying and uploading required documents, please check your status on the OSAP website on an ongoing basis. The processing time for uploaded documents is around weeks. The status for early applications may only be updated around the middle of July. Should I indicate that all of my courses are online, through correspondence or distance education?
Are electronic signatures on OSAP documents acceptable for ? Students: The ministry will accept electronic signatures from students on any required documentation related to the OSAP Application, including the official OSAP consents and declarations forms. Parents: Parents and Spouses: The ministry will not accept electronic signatures from parents and spouses on any required documentation related to the OSAP Application, including the official OSAP consents and declarations forms.
Electronic, digital, typed in signatures, and signatures in pencil are not acceptable. What are some of the details of the OSAP assessment for ? This grant is being temporarily increased until This is for students out of high school for at least 10 years.
Subject to income thresholds and family size. What are the minimum requirements registration and course-load for full-time OSAP funding to be released? Course-load: You must be registered in a full-time course load in each term to receive your OSAP funds. Installments: OSAP funds are disbursed in two installments. What are the documents required for proof of Permanent Resident status? This document was accepted in and the exception will continue for You will be required to submit one of the other Permanent Residency documents in future years.
What can I do? I want to take this year off from my studies. Upload any other required documents as early as you can. If you are a returning applicant you may not need to submit any documentation. The session will help you understand: how OSAP works your roles and responsibilities if you become an OSAP recipient basic financial information to support you through your postsecondary education for example, creating a budget, understanding credit and debit Only full-time students making their first OSAP application for the school year, need to complete this module.
What are the full-time OSAP deadlines? The deadline to submit your supporting documents is 40 days before the end of the academic year. What should I do? Click on Search for program. Pursuant to Ministry regulations, any tuition or fee refund will be returned to the National Student Loans Service Centre. Students must maintain a minimum academic standard to remain eligible for OSAP. Dropping or withdrawing from a course does not count as successful completion of the course.
If you withdrew, or dropped to part-time status during your first semester, you must complete a form and submit it to Student Financial Services to reinstate your OSAP application. Please email finaid uoguelph. You may have incurred an OSAP academic penalty because of your withdrawal, and may be asked to write a letter of explanation and provide supporting documentation. If you have any questions about your status, please contact Student Financial Services.
Yes, you can. Contact Student Financial Services if you have questions. If you have difficulty applying through the website, you can complete a Continuation of Interest-Free Status form. Toggle navigation. Have a question? Ask Gryph! Where do I submit my signature pages and other supporting documentation? What is Supporting Documentation? How is OSAP issued? What is a Confirmation of Enrolment?
Part-Time Students: While you are in school, you are not required to make part-time loan payments but interest will accumulate on your loan. I am a graduate student. What if I change my income after I complete my online Income Update? What happens if I drop courses?
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