Overview and Available Funding
The Ontario Student Assistance Program (OSAP) is a financial aid program assisting students with the costs of post-secondary studies. OSAP consists of funding from both levels of government (the federal government and the government of Ontario). Eligibility for both repayable loans and non-repayable grants is determined based on financial need as defined by the governments via an OSAP application and is based on a number of factors, including family income.
Repayable loan and non-repayable grant funding is available for both full-time and part-time post-secondary students.
The full-time OSAP program is designed to supplement (not replace) the financial resources you, and your family (if applicable), are expected to contribute towards the costs of attending post-secondary studies such as tuition, books and basic living expenses.
Repayment of full-time OSAP loans does not begin until 6 months after you cease to be enrolled full-time. There are also programs to help you repay your loans.
The part-time program assists with education-related costs such as tuition, student activity fees and required text-books in addition to transportation costs and child care costs (if applicable).
Repayment of part-time OSAP loans does not begin until 6 months after you cease to be enrolled in part-time (or full-time studies).
For more information on these programs, including eligibility criteria, please visit the OSAP website.