University of Waterloo default rates

Our students have consistently maintained an excellent reputation for repaying their loans after graduation. This has resulted in the University of Waterloo enjoying one of the lowest loan default rates in Ontario.

To view the most current rates available, visit the Institutional Analysis and Planning website.

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 May 11
  • Spring extensions received the week of May 11

Part-time OSAP 

  • Applications received the week of May 4
  • ​​​​​​​Please allow 4 weeks for processing

Financing your education presentation