Student Awards & Financial Aid

financial aid

Student Awards & Financial Aid provides financial support, information and advice to help students achieve their post-secondary goals. We administer and process:

Student Awards & Financial Aid staff are committed to assisting students with honesty, integrity and respect.

University of Waterloo support statement

The University aspires to identify students in need and ensure that all eligible students admitted to full-time undergraduate programs have the financial assistance necessary to complete their studies.

Find out more under Bursaries.

  1. Aug. 16, 2019When is fall 2019 OSAP issued?

    When will I receive my fall 2019 OSAP funding?

    Student Awards & Financial Aid will confirm your enrolment electronically with the Ministry of Training, Colleges and Universities. We start this process one week before classes begin and you could have your OSAP funding applied to your student account and/or receive funding as early as the first week of September. This process will continue regularly throughout the  term.

    What can I do to make sure I get my funding at the start of the term?

  2. June 21, 2019OSAP Changes for 2019-20

    In early 2019, the Government of Ontario announced several changes to OSAP, tuition framework, and interest free status effective for the 2019-20 academic year.

    To help you understand what these changes mean and how they may impact you, please review the summary of OSAP Changes 2019-20.

    The OSAP Aid Estimator is available as a tool to estimate your 2019-20 funding.

  3. Aug. 8, 2018Paying your fees with OSAP made easy!

    OSAP funding will be sent directly to the University to pay your fees starting Fall 2018.

    How much OSAP will be redirected?

    • OSAP funds will be redirected to Waterloo to pay the current term fees owing less any other anticipated aid listed on quest (e.g. scholarships, bursary).
    • Any remaining OSAP funding will be deposited in your bank account.
    • Allow a few weeks for OSAP payments to appear on your account summary.

    What if I made a payment to my account?

Read all news

Anticipated Aid for your Promissory Note

OSAP, award and scholarship amounts will be posted as Anticipated Aid on your Quest account each term. Amounts will be updated throughout the Promissory Note period.

OSAP Processing

Full-time OSAP 

  • Documentation received the week of Sept 16

Finance presentation