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  • News
  • November 14, 2017

OSAP Applications Now Open for 2018-19 School Year

Post-Secondary Students Can Apply for Financial Assistance Four Months Earlier This Year

Applications opened on November 8 for the new OSAP for the 2018-19 school year – allowing students from Cambridge and North Dumfries to apply for financial aid at the same time they are submitting their college and university applications.

The new OSAP is more generous than ever before, providing free tuition to about one-third of all full-time university and college students this school year.  And almost all students who get OSAP get grant funding – money they don’t have to pay back.

In Waterloo Region, 51 per cent of OSAP recipients are receiving free average tuition in 2017-18 for their studies at the University of Waterloo, Wilfrid Laurier University and Conestoga college.

And 98 per cent of OSAP recipients at Waterloo Region schools are receiving a grant toward their education this school year.

“Students in Cambridge and North Dumfries -- and across the province -- can now apply for OSAP months earlier than last year, meaning they’ll know sooner what financial support they can get for college or university,” said Kathryn McGarry, MPP Cambridge.

“Understanding how much financial aid is available to help pay for college or university this early is a game changer for students and will help them plan for their future. Through the new OSAP more students than ever are qualifying for free tuition or generous grants, making college or university a reality and putting dreams within reach.”

This year’s OSAP application process will also give students an estimate of costs (including tuition), available financial aid and scholarships for each academic program they apply to -- giving students and their families the information they need to plan for their future.

Making postsecondary education more affordable for students and families is part of our government’s plan to create jobs, grow our economy and help people in their everyday lives.

“The opportunity to attend a college or university should be based on a student’s potential, not their ability to pay,” said Deb Matthews, Minister of Advanced Education and Skills Development.

“For some students, knowing they can get the financial support they need to attend postsecondary can be the difference in getting to go at all. Early applications to the new OSAP will help them find out if they qualify for generous grants or free tuition. And applying for the new OSAP is now easier than ever, giving students and their families more time to explore their options and plan for a brighter future,” Minister Matthews said.

QUICK FACTS

  • 15,511 OSAP recipient attending college or university in Waterloo Region are receiving free tuition in 2017-18 school year;– that’s 51 per cent of students at University of Waterloo, Wilfrid Laurier University and Conestoga College.
  • 29,474 OSAP recipients in Waterloo Region are receiving a grant toward their education – that’s 98 per cent of local OSAP recipients.
  • It’s not too late to apply for OSAP for this school year - students have up to 60 days before the end of their program of study to apply for OSAP.
  • The new OSAP calculator lets students quickly see what financial assistance they could qualify for.
  • Students from families with a combined income up to $175,000 will benefit from more generous grants and loans to assist with college and university expenses.
  • The minimum salary a borrower needs to make before they are required to start repaying the provincial portion of their student loan is increasing from $25,000 to $35,000.
  • OHIP+ will provide pharmacare coverage for children and youth under 25 who are covered by OHIP starting September 1, 2018.

LEARN MORE

Ontario Student Assistance Program

Ontario’s colleges and universities

 

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