What is OSAP
The Ontario Student Assistance Program (OSAP) is a financial aid program delivered by the federal and provincial government for post-secondary students. OSAP provides Ontario students with financial assistance to help pay for college or university.
Through one application, you are assessed for non-repayable grants, as well as a repayable loan.
How OSAP Aid is Determined
The amount of money you can get from OSAP is based on your assessed financial need. To determine this, OSAP looks at two factors:
Your education expenses: the amount of money you need to cover tuition, books, childcare, personal living expenses, supplies, and equipment.
Your personal financial situation: how much you and your family are expected to contribute, based on income, family size, and other factors.
The online OSAP Aid Estimator can provide you with a funding estimate based on a few factors. Submitting an application will provide you with an accurate assessment based on your individual situation.
To be eligible for OSAP funding, you must
Be a Canadian citizen, Permanent Resident or Protected Person
Meet Ontario’s provincial residency requirements
Be enrolled in a degree, diploma, or certificate program that is approved for OSAP purposes and studying full-time or part-time at an OSAP approved institution.
All Undergraduate, master’s, and doctoral degree programs at Saint Paul University are approved for OSAP purposes. If you are enrolled as a Special Student, or in a diploma or certificate program, please contact us to determine your eligibility for OSAP funding.
For a detailed explanation of citizenship and provincial residency requirements, please view our OSAP eligibility definitions.
If you do not meet Ontario’s residency requirements, you may be eligible for government financial aid through your home province or territory. See below for a list of government financial aid programs by province and territory.
The 2018/2019 OSAP application is now open!
You can read more details about the changes to OSAP and use the new OSAP Aid Approximator to get an estimate of what you may qualify for.
The New OSAP – Ontario Student Grant (OSG)
To help more students qualify for grants and access the student loan system, the government will create a single major upfront grant – the Ontario Student Grant (OSG) – starting in the 2017–2018 school year.
The Ontario Student Grant (OSG) will be created by redirecting 100 percent of the funding from the 30% Off Ontario Tuition grant, Ontario Student Opportunity Grant, Ontario Access Grants and other grants offered by OSAP.
Under the new Ontario Student Grant (OSG),
Average tuition will be free for students with financial need from families with incomes of $50,000 or less
No Ontario student will receive less than they are currently eligible for through the 30% Off Ontario Tuition grant (OTG)
In addition, the 2017-2018 OSAP Transformation will
Increase Ontario weekly assistance maximum levels for individuals and for married and sole-support parents
Expand financial support for mature and married students. Eligibility for grant support will no longer be tied to the number of years a student has been out of high school.
Reduce the amount a student’s spouse is expected to contribute
Increase access to interest-free and low-cost loans for middle- and upper-income families by reducing expected parental contributions
What is Net Tuition?
The government will be implementing a Net Tuition Billing system starting in the 2018–2019 school year.
Net Tuition Billing is a new system that will involve applying students’ non-repayable OSAP aid (grants) and institutional aid (bursaries, scholarships, awards), if applicable, against their tuition fees upfront and billing them only for the remaining amount.
With Net Tuition Billing, Ontario families will know the total amount of support they are eligible for when they apply for post-secondary education and will be aware of the actual cost of their education well before the start of the school year.
Government loans may not cover the full cost of tuition
A student may only apply from the province of residence in which he or she has most recently lived for at least 12 consecutive months, excluding time spent as a full-time student at a post-secondary institution.
A loan application must be submitted for each academic year you attend. Student loan applications are produced by your provincial loan office and usually become available each year at the end of April. Applications are also available online on your provincial student loan program website, and are typically the preferred method of applying. Paper applications have, in some cases, been eliminated.
You may submit a loan application prior to receiving your acceptance letter from Saint Paul University’s admission office. Submit your application as early as possible (before mid-June) to ensure that your loan will be available the first week of classes. Processing times may vary and can take 8 to 10 weeks.
You may obtain student loan information from your provincial loan office or by contacting an admissions and student services officer.
Private loans may be available through participating financial institutions. Please contact your financial institution for additional details.