I'm not a new student. What else should I know about OSAP?

If you are a current student or if you're coming back to classes after time away, you may have questions about how OSAP works. We hope these answers help.

If your academic standing is Required to Re-Apply, please drop by or contact the Financial Aid Office so we can ensure your OSAP file is up-to-date.

If you're returning to school and you received OSAP last year, you still have to fill out an OSAP application for this academic year too.

If you are returning to full-time studies in 2019-2020 with a 2018-2019 OSAP application, login to ontario.ca/osap to reapply and confirm the profile information including name, date of birth, SIN, address, consent to release information etc. (or follow the steps if changes are needed). Next you'll complete the application questions and submit the application. After that, check your account for any documentation you're required to submit (it's possible you might not have any – sometimes information is pulled forward from a previous OSAP application).

To keep your previous student loans interest-free while you're still in school, you must notify your lenders (e.g. your bank or the National Student Loans Service Centre) that you are still registered as a full-time student. Apply for Continuation of Interest-Free Status (CIFS) online through the OSAP website. The deadline to submit an application is no later than 21 days before your study period ends (but you can start sooner – in fact, you can submit the application as soon as you start classes).

You must maintain satisfactory academic requirements to stay eligible for OSAP funding. Currently the standard is a minimum 2.0 average per semester (more technically, successful completion of at least 60% of a full post-secondary course load). If you do not maintain this requirement, your current OSAP funding will be affected and you may lose access to future OSAP funding.

Note: If you have a permanent disability, your satisfactory academic progress requirement is successful completion of 40% of a full course load.

Apply for OSAP as early as possible to allow enough time for your application to be processed.

If you are a full-time student, submit your application no later than 60 days before your study period ends, and submit your supporting documents no later than 40 days before your study period ends.

If you are a part-time student, your deadlines will depend on the length of your study period. If you're studying for 21 weeks or more, follow the full-time dates above. If you're studying for 20 weeks or less, submit EVERYTHING (application and supporting documents) no later than 6 weeks before the end of your study period.

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.

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.

NSLSC: Transition Customer Experience:
This module demonstrates the experience that a student already registered with the NSLSC will go through to register with the new electronic identity verification process.

 

There is a planned June 2019 launch of the new National Student Loan Service Centre (NSLSC) features. NSLSC and CSLP have provided training modules associated with the planned launch. The modules take approximately 20 minutes each to complete and cover topics associated with the changes in the planned June 2019 launch.

Here is a quick description of each learning module:

NSLSC: New Customer Experience:
This module demonstrates the experience that a new student would go through registering with the NSLSC for the first time.

More questions?

Contact the Finanical Aid Office with any question about OSAP.

 

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