You may also call our office at , extension or email finaid uoguelph. Your OSAP account online will show the estimated release date of your funding. You will also see how much of your funding is being directed to the school and how much will be sent to your bank account. You will only receive funds in your bank account if your OSAP disbursement is greater than the amount you owe the university. If you have applied for OSAP for one term only, your full funding is released in one installment. The website will guide you in resetting your password.
The University of Guelph starts confirming student enrolments electronically the week before the start of each semester. You must be registered in your courses before the University can confirm your enrolment. If you are not receiving OSAP, but are a full-time student for the current study period and have previous OSAP loans, you must submit a request to maintain interest-free status.
You must request interest-free status for each semester you are in school full time but not receiving OSAP, including co-op terms.
While you are in school, you are not required to make part-time loan payments but interest will accumulate on your loan. To ensure that you remain payment free while you continue your studies, please submit a Schedule 2 form. The form is available online, or may be picked up at the Student Financial Services office. Note: If you are taking full-time OSAP, but have previous part-time loans, it is important to submit your Schedule 2 to keep your part-time loans payment free.
Alternatively, you can bring the completed form to Student Financial Services, 3rd Floor, University Centre, or fax it to Out-of-province students should consult their home province's government aid website for specific information, and may visit Student Financial Services for a Schedule 2, interest-free form please bring your government-issued photo identification.
It is best to bring the form at the start of your study period. Please note that forms cannot be processed if they are submitted later than 21 days before the end of your study period. You may also be asked to confirm your income on the OSAP website during your study period. You must report all external income, including part-time and Work Study jobs. It is important that you report your income promptly. Delay in reporting income may result in reduced eligibility for further aid.
Please note that you may not make further changes to your income after the study period has ended. It is very important to update your earnings before the end of your study period. Failure to update earnings can result in OSAP overpayments or restrictions. If you have completed the online Income Update and you have further changes, you may visit Student Financial Services, 3rd Level, University Centre, or email finaid uoguelph.
If you drop a course s your OSAP funding could be reduced, or you might lose eligibility for further funding. You might also be placed on OSAP probation or restriction. Contact Student Financial Services before you make any course load changes. Phone: , extension , or email finaid uoguelph. Pursuant to Ministry regulations, any tuition or fee refund will be returned to the National Student Loans Service Centre. Students must maintain a minimum academic standard to remain eligible for OSAP.
Most grants are awarded based on financial need. You are automatically considered for both loans and grants after you apply for OSAP. However, if you do not want a loan from OSAP, you can decline it after your application is approved, but still accept the grant. This may reduce your assessment. However, the portion of your income that OSAP considers as your financial resource, will be less than your total income. Therefore, it helps if you can work.
You just need to make sure that your estimated study period income is reported to OSAP. Therefore, submit your application and supporting documents on time. Once you have completed your application, you need to upload the completed signature forms and supporting documentation directly to the OSAP website.
Making changes to your banking information? Once your loan has been authorized, the NLSCS disburses the funds, and once you are no longer a full-time student, your loan repayments will be made to them. Success Tip: If you are returning to full-time studies and will not be applying for OSAP, submit a Continuation of Interest-free status through your OSAP web account to ensure your previous loans do not enter repayment. Check the application deadline on the OSAP web page. We will be back with part two of this series soon!
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