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There are many options to help you create a plan to finance your education. Here are two different financial plans, with a variety of funding sources you could use to pay for your education.
Your own plan may not be identical to these, but they are good examples of how several funding options can fit together to help you finance your education.
Class of 2015
Family Income:$50,000
Family Size: 4
First of 2 children attending University
Total cost of first-year: $22,800

Family Income: $120,000
Family Size:4
First of 2 children attending University
Total cost of first-year: $22,800

^ OSAP grants may comprise both an up-front Access Grant, and the Ontario Student Opportunity Grant, which is available to reduce a student’s annual OSAP debt by limiting the repayable debt to $7,300 for a two term academic year.