The Ontario Student Assistance Program Essay

1310 Words Apr 7th, 2015 6 Pages
What is OSAP? The Ontario Student Assistance Program or OSAP is an Ontario and federal government funded program aiding students with funding their post-secondary education. OSAP offers grants; free money that does not have to be paid back and student loans that have to be paid back. OSAP offers money to students attending any public or private postsecondary schools in the world, as long as OSAP recognizes it. When filling in an application a student has access to different financial aid programs and can have their entire education covered depending on the student’s situation.
Who Can Get OSAP? Ontario residents who are protected, permanent or Canadian citizens are eligible for OSAP. Eligibility and specific funding are based upon parental income, personal income and assets, whether you have children, are married or in a common law relationship, the post secondary institute and program you are participating in, your course load and other expenses such as residence, meal plans, ect. Reasons why students may not qualify for OSAP are if they have failed a credit check, declared bankruptcy, defaulted on a student loan or are an international student. To see if you are eligible visit ontario.ca to calculate an estimate.

What is OSAP used for? OSAP can be used for any costs relating to post-secondary education. Recipients can choose to use money borrowed from OSAP to pay for any costs related to postsecondary education as long as your original application remains true-this…

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