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Updating Your Income for OSAP

Friday, November 23, 2012

Earlier this week you may have received the following email message from the Ministry:

When you applied for OSAP you estimated your income. Now it’s time to update your income so that it reflects what you actually earned. It also lets you provide a better estimate of any earnings you expect while in school.

You can update your income online as well as check out any changes to your application status by logging-in your OSAP account and selecting your 2012-2013 application. Once logged onto your 2012-2013 application a new link labeled “update income” will be available.

Sample OSAP application displaying the Update Income link

If you would like to be considered for the winter 2013 automatic bursary, you are required to complete the income update on the OSAP website by Friday November 30, 2012.  Our office will be processing the automatic bursaries in early December. If you qualify it can be used for winter 2013 fee arrangement.

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Fall 2014 OSAP funding

The OSAP confirmation of enrolment process will continue regularly throughout the term. Once you are confirmed, it takes approximately 5-7 business days for your funding to be deposited directly to your bank account. 

Please note: you may receive several separate deposits depending on the type of funding you are receiving (provincial loans or grants, federal loans or grants).

Interactive budget calculator

This calculator has been designed to help you plan for the cost of your education.

Student Life 101 Presentation

International Student Life 101 Presentation

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Incoming first-year students, check out our live chat on tuition, fees and how to finance your education.