Previous OSAP loans will go into repayment six months after the end of the last term in which you received OSAP. Loans can be kept interest-free when you are in full time studies or on an official co-op work term and:
- Submit a Continuation of Interest Free Status application (a.k.a. Schedule 2) by logging into your OSAP account, or
- The Confirmation of Enrolment is completed on a new OSAP application
Note: For other provincial loan programs, please complete a Schedule 2 form available from the Student Awards & Financial Aid office.
Repay your loans
Loan repayment is administered through the National Student Loan Service Centre (NSLSC). Watch the OSAP repayment webinar.
The NSLSC website also offers information about:
- Repaying student loans
- Repayment assistance plans
- Managing student loan debt