Student Awards

OFFICE OF THE UNIVERSITY REGISTRAR

Student Awards

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Changes to OSAP for the 2019-2020 Academic Year

The Ontario government recently announced changes to the Ontario Student Assistance Program for the 2019-2020 academic year.  How will this impact students?

Weekly maximum increase:

The maximum weekly amount for a single student studying at Queen’s University will increase from $395 per week to $400 per week.  The weekly maximum for married/common-law and sole support parents will increase from $670 per week to $680 per week (see the OSAP website).

Ontario Student Grant:

The non-need based portion of the Ontario Student Grant (OSG) will be eliminated.  In addition, the family income threshold associated with eligibility for the need-based OSG will be reduced.  This supports the Ontario government’s effort to provide grants to those students who demonstrate the greatest financial need (as determined by the OSAP assessment) (see “Affordability of Postsecondary Education in Ontario” backgrounder to news release).

Ontario component of OSAP Loan (Ontario Student Loan):

In addition to the federal component of OSAP loans, Ontario will meet a student’s assessed provincial need by providing a provincial loan component to low-income students, increasing the amount of the Ontario student loan as family income increases (see “Affordability of Postsecondary Education in Ontario”). 

Definition of an “Independent” student:

The definition of an “independent” student will change for the Ontario component of OSAP assistance.  A student will need to be out of high school six years to be considered independent for the Ontario portion of OSAP.  (The federal component of OSAP will retain the current definition for independent status i.e., four-years out of high school) (see “Affordability of Postsecondary Education in Ontario”). 

In 2019-2020, students who are four years out of high school will be considered “independent” for the federal component of OSAP assistance but “dependent” for the provincial component of OSAP assistance.

(Please note:  Students who are currently four years out of high school who have applied for 2018-2019 OSAP assistance, will still be considered “independent” for 2019-2020 OSAP (see OSAP website).

Expected Parental Contribution:

The calculation of the parental contribution in the Ontario need-assessment will be restored (increased) to the 2017-2018 parental contribution rates) (see “Affordability of Postsecondary Education in Ontario”). 

Student Fixed Contribution:

The expected fixed contribution from students in the Ontario need-assessment will be increased to reflect the minimum wage increase (see “Affordability of Postsecondary Education in Ontario”). 

Compulsory fees

For the 2018-2019 academic year, an OSAP assessment includes service and education-related fees charged by Queen’s University and paid by the student (i.e., mandatory and optional fees paid by the student).  In 2019-2020 the OSAP assessment will only include the mandatory fees related to the campus-wide services all students must pay (see the OSAP website).

Second-entry programs (in Ontario) & All Students Attending Post-Secondary Institutions Outside of Ontario (but within Canada)

The grant to loan ratio will change for students in second-entry programs (i.e., Law, Medicine, Consecutive Education, Graduate studies, etc.) and for those students studying in Canada but outside of Ontario.  Students will receive a minimum of 50% of their provincial assistance (as determined by their OSAP assessment) in loan (see “Affordability of Postsecondary Education in Ontario”). 

Six-Month Grace Period

The six-month grace period after a student ceases full-time studies remains.  Students are not required to make any payments during this six-month grace period.  To date, during the six-month grace period the federal component of OSAP loans have accrued interest, while the OSAP component of OSAP loans have remained interest free.  To align Ontario’s repayment terms with the federal government, the Ontario component of OSAP loans will now accrue interest during the six-month grace period (as do the federal component of OSAP loans currently) (see “Affordability of Postsecondary Education in Ontario”). 

Created: February 21, 2019

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