OSAP Presentation Information Sheet |
2020 OSAP Parent Presentation Slide Show |
What is OSAP?
The Ontario Student Assistance Program (OSAP) is a financial aid program that can make it easier for students and families to go to college or university.
The program offers funding for school through two kinds of money:
For the loan portion, there are also programs to help you repay your student loan once you’re done school.
Both the Ontario government and federal government provide this money.
The Ontario Student Assistance Program (OSAP) is a financial aid program that can make it easier for students and families to go to college or university.
The program offers funding for school through two kinds of money:
- grants: money you don’t have to pay back
- a student loan: money you need to repay
For the loan portion, there are also programs to help you repay your student loan once you’re done school.
Both the Ontario government and federal government provide this money.
What OSAP can help with?
OSAP can assist with your college and university costs, such as:
OSAP can assist with your college and university costs, such as:
- tuition
- books, equipment and supplies
- mandatory student fees a school may charge
- living expenses (full-time students only)
- child care (for students with children)
Who can get OSAP?
OSAP is open to Ontario residents who are:
OSAP is open to Ontario residents who are:
- Canadian citizens
- permanent residents, or
- protected persons
Who is not eligible?
You may not be eligible for OSAP if you:
You may not be eligible for OSAP if you:
- have enough financial resources to cover your expenses allowed by OSAP
- receive other government aid that covers your postsecondary education expenses
- don’t meet the academic progress requirements
- report income on your OSAP application that is significantly different from what you reported to the Canada Revenue Agency
- have defaulted on a student loan
- have multiple loan overpayments outstanding
- have outstanding grant or bursary overpayments
- failed a credit check
- declared bankruptcy or consumer proposal, or consolidation orders under the Orderly Payment of Debts
- have reached your lifetime limit of student loan funding
How much you can get?
The amount of money you can get depends on your:
Use our calculator to find out how much you could get.
Learn more about the maximum amounts of aid you could get – for full-time or part-time study.
The amount of money you can get depends on your:
- education expenses – the amount of money you need for tuition, books, child care, personal living expenses (full-time OSAP only), supplies and equipment
- personal financial situation – how much you and your family are expected to contribute, based on income, family size and other factors
Use our calculator to find out how much you could get.
Learn more about the maximum amounts of aid you could get – for full-time or part-time study.
How do I apply?
Students who are interested in applying for OSAP can do so after they have accepted a college or university program.
Click here to go to the OSAP website.
Click here to go to the OSAP website.