What else should I know after I apply for OSAP?

After you apply for OSAP, there are still things you may be wondering. We hope these answers help.

What if I don't feel my OSAP assessment is accurate? (I need more assistance!)


OSAP starts by using standard assessment criteria to determine your financial need and the amount of Canada and Ontario Student loan assistance available to you. If you feel the standard criteria do not adequately reflect your financial or family situation, there are options available to you. Get in touch with the Financial Aid Office  to discuss your situation. 

The deadline for submitting a review is 40 days before the end of your current study period.


Do I need to pay my non-refundable deposit if I'm getting OSAP?


OSAP funds are deposited into your bank account after your classes start. Until then, you will need to budget for your immediate expenses, including any deposit payments or program related expenses due before school.

In order for you to be considered a registered full-time student, a non-refundable deposit is required by the Registrar's Office by the due date as noted on your fee invoice. Plan to cover this expense yourself (it's usually due months before your OSAP funding will be available).


Do I need to pay my Residence deposit if I'm getting OSAP?


Since OSAP funds are deposited after your classes start, you will need to budget for your immediate expenses, including any deposit payments or rent due before school.

If you apply to Residence, you will be required to pay a $525 non-refundable residence application fee at the time of your application. Plan to cover this expense yourself (it's usually due months before your OSAP funding will be available).


Do I need to pay for my textbooks if I'm getting OSAP?


OSAP funds are available after your classes start, so you will need to budget for your immediate expenses. You should plan how you're going to purchase any necessary books or supplies before your OSAP is deposited into your bank account.

Check out Fanshawe's Retail Services course material page.


Why do I have to pay my deposits and other costs if I'm supposed to get OSAP?


REMEMBER: OSAP is not a replacement for your financial resources – it's meant to be part of your bigger budget plan. (Don't have a budget Click here

The Government of Ontario considers post-secondary education to be a shared investment and responsibility between students, their families, the government and post-secondary institutions. That’s why students are expected to help contribute to the costs of their own education.

In some cases, this contribution is waived for eligible applicants. Please see Students with special circumstances for more information. A review is available for students who demonstrate they have made reasonable efforts to make this contribution, but are not able to. Check out https://osap.gov.on.ca/OSAPPortal/en/PostsecondaryEducation/OSAP/Forms/index.htm.


How do I change information or withdraw from study?


Keep your OSAP profile current and up-to-date (it's your responsibility). Come speak with our Financial Aid Office to let us know about any changes to your situation (e.g. changing program or courses, course load, income, marital status, etc.). Reassessment calculations can take time, so inform us of any changes as early as possible.

If you stop attending all classes, you are considered to have withdrawn under current OSAP regulations. If you stop attending classes, handing in assignments, writing tests, etc., your OSAP course load will be recalculated and it may change how much assistance you're eligible to recieve. Click for information about withdrawing from Fanshawe.


What is Net Tuition?


The government on Ontario implemented a Net Tuition Billing system starting in the 2018-2019 school year. Net Tuition Billing involves 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.


When can I get my OSAP?


If you submitted your application and all your supporting documents at least 60 days before the start of classes, in most cases you should receive your OSAP funding during the first week of school.

Note: OSAP funding is paid directly to Fanshawe to cover your education expense. Any leftover amount will be deposited directly into your bank account.


How long can I get OSAP?


Fanshawe tells OSAP how many terms each program takes to complete, and OSAP allows you that plus one additional study period. If you did not apply or receive OSAP during a period of study, it will not be included in the calculation.

Note: If you have a permanent disability, you are exempt from this rule and your eligibility is calculated differently.

There are also maximum lifetime limits for receiving Canada Student Loan and Ontario Student Loan funding.



More Questions?

Contact the Finanical Aid Office with any question about OSAP.


* Download the Acrobat PDF reader free from Adobe.