TUITION OSAP Dont let worries about paying for

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

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.

OSAP IS FINANCIAL ASSISTANCE

WHO IS ELIGIBLE FOR OSAP

AID IS BASED ON STUDENTS’ UNIQUE CIRCUMSTANCES

NEW OSAP CALCULATOR

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

APPLYING FOR OSAP

HOW DO I APPLY? There are THREE basic steps the first time you apply for OSAP… 1. 2. 3. 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 2017 -2018 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.

MANAGE FINANCIAL ASSISTANCE ANYWHERE, ANYTIME

THE NEW OSAP WILL MAKE POSTSECONDARY EDUCATION MORE ACCESSIBLE AND AFFORDABLE

THE NEW OSAP

INCREASE OSAP ASSISTANCE LEVELS

AVAILABILITY OF GRANTS BASED ON FAMILY SIZE AND INCOME

NET TUITION

FOUR COMPONENTS OF NET TUITION

LOOKING FOR MORE INFORMATION?

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

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

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

OTHER TYPES OF ASSISTANCE… Entrance Scholarships / Bursaries Lots of Scholarships available: Check out dsssonline/Student Services/ Scholarships and Financial Aid RESP Banks

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

REPAYING LOANS Repaying OSAP video