Please enable javascript to view this page in its intended format.
The Ontario Student Opportunity Grant (OSOG) is designed to reduce a student's annual OSAP debt. For complete information including eligibility and conditions please visit the OSOG section of the OSAP website.
OSOG limits a student's annual repayable OSAP loan debt to be no more than:
Below is an example how OSOG would affect a student's OSAP debt load at the end of an academic year. This example is based on an full-time undergraduate student (studying over the Fall-Winter), who received maximum OSAP funding. Please note that OSOG is assessed on a case by case basis.
|
OSAP Maximum Loan |
$360 per week* x 34 weeks of study |
| TOTAL OSAP LOAN FUNDING RECEIVED BY STUDENT | $12,240* |
| Non-repayable Ontario Student Opportunity Grant | $12,240- $7,300* = $4,940 |
| Repayble OSAP Loan | $12,240 - $4,940 = $7,300* |
*Effective 2010/2011.