You can apply online for full or part-time OSAP. You may also call our office at , extension or email finaid uoguelph. Your OSAP account online will show the estimated release date of your funding. You will also see how much of your funding is being directed to the school and how much will be sent to your bank account. You will only receive funds in your bank account if your OSAP disbursement is greater than the amount you owe the university.
If you have applied for OSAP for one term only, your full funding is released in one installment. The website will guide you in resetting your password.
The University of Guelph starts confirming student enrolments electronically the week before the start of each semester. You must be registered in your courses before the University can confirm your enrolment. If you are not receiving OSAP, but are a full-time student for the current study period and have previous OSAP loans, you must submit a request to maintain interest-free status.
You must request interest-free status for each semester you are in school full time but not receiving OSAP, including co-op terms. While you are in school, you are not required to make part-time loan payments but interest will accumulate on your loan.
To ensure that you remain payment free while you continue your studies, please submit a Schedule 2 form. The form is available online, or may be picked up at the Student Financial Services office. Note: If you are taking full-time OSAP, but have previous part-time loans, it is important to submit your Schedule 2 to keep your part-time loans payment free.
Alternatively, you can bring the completed form to Student Financial Services, 3rd Floor, University Centre, or fax it to Student ID cards are not acceptable.
Generally, declaration and signature pages and other documents are required to support the information you provided on your application e.
Your school must confirm that you have enrolled and started classes. For most students, this will happen at the start of their studies e. Most students have to confirm their income before the release of the second half of funding, which is generally halfway through the study period e. You may be able to revise the terms of repayment or apply for the Repayment Assistance Plan. If you are enrolled in full-time studies, which is at least 60 per cent of a full course load or 40 per cent of a full course load for students with permanent disabilities please submit a Continuation of Interest-Free Status application online through your OSAP account.
An overpayment normally occurs when you are reassessed by the Ministry of Colleges and Universities MCU and it has determined you are no longer eligible for the amount of funding you initially received.
Why this may occur can include: your income changed and was not updated, your course load is no longer eligible, or there is a discrepancy between the income you entered on your OSAP application and the income information from the Canada Revenue Agency. If you would like to repay a payable loan overpayment, please contact the National Student Loan Service Centre at Once you have repaid your overpayment, you will need to provide proof to the Financial Aid Office so we can update your account to remove any restrictions.
You are not eligible for OSAP if you have been restricted for one of the following reasons:. Be aware that the amount of funding is lower than is typically given by OSAP. However, each day after your confirmed full-time OSAP or interest-free application study period ends you are charged interest on the Federal portion of your OSAP loans.
Interest will start being charged April 2nd. Once you drop below the eligible course load either from full withdrawal or individual courses your study period for that application ends and the following day interest begins on the federal portion of your OSAP loans. Seneca is not responsible for the interest charged to the student by National Student Loan Service Centre during the processing time of any eligible refunds.
Paying for Your Studies. Previous Next. Frequently Asked Questions. Unless you are a new immigrant to Canada who has landed directly in Ontario from your original country of residence. You plan to enrol in at least 60 per cent of a full course load per term.
Does OSAP cover all expenses associated with postsecondary studies? As a student what are my responsibilities with regards to OSAP?
What is the difference between a part-time and full-time student? The email will include all the necessary information and instructions.
How long does it take to process an OSAP application? What is the application deadline for OSAP? What are the eligibility requirements for full-time OSAP? I'm not taking a full-time course load. Why was I not informed by Seneca of the academic requirements or documents needed for my application? When is the deadline to upload or submit the required documentation for my full-time OSAP application? The deadline is 40 days from the end of the study period of your application.
I have a permanent disability. What grants and bursaries are available through OSAP? Does my tuition get automatically deducted from my OSAP? When will I know how much funding I will receive? Note: Your funding may change with any updates to your information. My OSAP funding has changed. Why is that? However, all or part of your OSAP grants may be converted into a loan if:.
Ensure that all the income information you provide is accurate and complete. Respond promptly to information requests or warnings from your financial aid office or the ministry about your grants being converted into a loan.
If you received grants through OSAP for your micro-credential program, your grant will not be converted to a loan. However, you will be responsible for repaying any grant overpayment. To have a better experience, you need to: Go to your browser's settings Enable JavaScript.
Home Education and training Postsecondary education Student aid. After you apply for OSAP Check the status of your application, get your money or cancel your application. On this page Skip this page navigation.
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