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What You Need to Know: OSAP Edition (Ontario Students)

Posted: Thursday, June 21, 2018 - 09:49

Today we’re breaking down who is eligible for OSAP, how it works, when to apply and some other important finance-related dates.

1. What is OSAP?

OSAP is a financial aid program designed to help Ontario students pay for college or university through grants (money you don’t have to pay back) and loans (money you need to repay once you finish school).

2. Who can apply for OSAP?

You can apply for OSAP if you are an Ontario resident that is either a Canadian citizen, permanent resident or a protected person. If you live outside of Ontario, we suggest looking into options available in your province.

3. When can I apply for OSAP?

The OSAP application is open right now! We recommend you submit your application at least 6 weeks before you start school to be eligible to receive assistance for this year – and in time to pay your tuition bill in September.

4. When do I have to repay my loans?

OSAP repayment begins 6 months after you finish your full-time studies.

Visit the OSAP website or our Student Financial Services website for more information on options for funding your education.

Now for some important financial deadlines ALL students should take note of:

  • Your tuition summary will be available on WebAdvisor July 25th –you’ll be able to see your student fee statement and view the balance due for Fall Semester tuition
  • Your $200 Registration Deposit is due August 10th – You need to pay by this deadline to hold your spot in the courses you registered for
  • Fall Tuition payment is due September 14th – You must pay this by the deadline to remain registered for your courses.

Student Financial Services will be your go-to contacts for information on how to pay these fees, as well as information on scholarships and bursaries and other alternatives to help find your education. Connect with them today:

Web: uoguelph.ca/registrar/studentfinance

Phone: 519-824-4120 x58715

Twitter: @UOGStudentfin

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University of Guelph
50 Stone Road East
Guelph, Ontario, N1G 2W1
Canada
519-824-4120