Interest-free status

Previous part-time OSAP loans will remain interest-free during each subsequent term in which you receive part-time OSAP funding.

If you're studying part-time, but no longer receiving OSAP, submit the Canada Student Loans Program Confirmation of Enrolment (Schedule 2) form.

Repay your loans

Loan repayment is administered through the National Student Loan Service Centre (NSLSC). The NSLSC website offers information about:

  • Repaying student loans
  • Repayment assistance plans
  • Managing student loan debt

Anticipated Aid for your Promissory Note

OSAP, award and scholarship amounts will be posted as Anticipated Aid on your Quest account each term. Winter 2021 full-time OSAP funding will be added as anticipated aid on Quest accounts and will continue to be updated throughout the Promissory Note period.

Processing

Full-time OSAP 

  • Documentation received the week of Feb 15
  • Appeals received the week of Feb 15
  • Winter extensions received the week of Feb 15

Full-time Bursary

  • Please allow 6-8 weeks from the start of the winter 2021 term for a decision.

Academic Readiness Bursary

  • Please allow 4-6 weeks for review

Financing your education presentation