1. “Don’t let worries about paying for school follow you around.”
TUITION & OSAP
“Don’t let worries about paying for school follow you around.”

2. What is OSAP? What types of financial Aid are available?
OSAP is a financial aid to help students pay for college or university
OSAP is a combination of grants and loans
Grants = money that you WILL NOT have to pay back.
Loans = money that you will have to repay. Loans are interest – and payment-free while you are in school full time.

3. OSAP is financial assistance

4. Who is eligible for OSAP

5. Aid is based on students’ unique circumstances

6. New OSAP calculator

7. The New OSAP
If your parents’ income is under $50,000 a year, your tuition is covered
Even if they earn more, the new OSAP is still there to help you
Available at ontario.ca/osap

8. Applying for OSAP

9. How do I apply?
There are THREE basic steps the first time you apply for OSAP…
Start your application today at Ontario.ca/osap by registering as a new user. You will be assigned an OSAP Access Number and create your OSAP profile.
In Spring of 2017, after you have been accepted to college or university, complete your OSAP application and gather your supporting documentation.
Upload, mail or drop-off the required supporting documentation to the financial aid office at the college or university you plan to attend
NOTE:
The applications for full-time students will be available online at Ontario.ca/osap starting in spring of 2017
The earlier you start your OSAP application, the sooner you can find out if you qualify and how much aid you can get.

10. Manage financial assistance anywhere, anytime

11. The new OSAP will make postsecondary education more accessible and affordable

12. The new OSAP

13. Increase OSAP assistance levels

14. Availability of grants based on family size and income

15. Net Tuition

16. Four components of net tuition

17. Looking for more information?

18. How Much can I get?
OSAP funding is calculated by comparing your educational costs and your personal financial situation.
For a typical two-term academic year, full-time single students will be eligible for up to $13,260 in loans and non-repayable grants
While married students and sole support parents can get up to $22, 440.
Check out the calculator

19. What else do I need to know about osap?
Both full and part time students can apply
When you apply for OSAP for full-time studies, you can choose to receive only non-repayable grants if you do not want the loan
If there are unexpected changes to your situation after you apply, you can request a review of your assessment

20. Documents needed You’ll need to get started:
your Social Insurance Number
your parent(s) Social Insurance Number(s)
the amount of your parent(s) 2016 tax return(s)
information about your parent(s)’ total gross income
bank account info for direct deposits

21. Other Types of assistance…
Entrance Scholarships / Bursaries
Lots of Scholarships available:
Check out dsssonline/Student Services/ Scholarships
Scholarships and Financial Aid
RESP
Banks

22. Scholarships and Bursaries
Listen to announcements
Check Student Services Office Regularly
Visit
Student services section of dsssonline.com
Announcement screen in the cafeteria
Check eligibility criteria and deadlines
You may base your final decision about the post secondary institute you will attend on the entrance scholarship offered
Be sure to check the post – secondary websites to review scholarship and bursary information

23. Repaying Loans
Repaying OSAP video