Financial Aid

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Apply for OSAP
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Get help paying for university by applying for OSAP.  By filling out a very simple application form, you could qualify for enough grant and loan funding to pay for your entire tuition so that you can concentrate on what really matters most.

For information regarding eligibility requirements, and to submit an application, please visit the OSAP website.

Please be advised that multiple changes have been made to the OSAP program as of the beginning of the 2019-2020 academic year.  Below, you will find information as to how the changes will impact students.

 

Weekly maximum increase

The maximum weekly amount for a single student will increase to $400 per week. The weekly maximum for married/common-law and sole support parents will increase to $680 per week.

 

Ontario Student Grant

The non-need based portion of the Ontario Student Grant (OSG) will be eliminated. The family income threshold for the need-based OSG will also be reduced. This supports the Ontario government’s effort to provide grants to those students who demonstrate the greatest financial need.

 

Ontario component of OSAP Loan (Ontario Student Loan)

In addition to the federal component of OSAP loans, Ontario will meet a student’s assessed provincial need by providing a provincial loan component to low-income students, increasing the loan to grant ratio of the Ontario student loan as family income increases. 

 

Definition of an “Independent” student

The definition of an “independent” student will change for the Ontario component of OSAP assistance. A student will need to be out of high school six years to be considered independent for the Ontario portion of OSAP. Students who received OSAP funding in 2018-2019 as an independent student will continue to be assessed as an independent student. The federal component of OSAP will retain the current definition for independent status i.e., four-years out of high school.

 

Expected Parental Contribution

The calculation of the parental contribution in the Ontario need-assessment has been increase to the 2017-2018 parental contribution rates.

 

Student Fixed Contribution

The expected fixed contribution from students in the Ontario need-assessment will be increased to reflect the minimum wage increase.

 

Compulsory fees

In 2019-2020 the OSAP assessment will only include the mandatory compulsory and association fees. Optional fees cannot be included in the OSAP assessment.

 

Six-Month Grace Period

Students are not required to make any payments during this six-month grace period. To date, during the six-month grace period the federal component of OSAP loans have accrued interest, while the OSAP component of OSAP loans have remained interest free. To align Ontario’s repayment terms with the federal government, the Ontario component of OSAP loans will now accrue interest during the six-month grace period (as do the federal component of OSAP loans currently) (see “Affordability of Postsecondary Education in Ontario”).

OSAP for Full Time Students for the 2019 Spring/Summer session

 

Who Can Get This Aid

Full time students taking 60% (9 credits per term) or more of a full course load. Students with disabilities taking 40% (6 credits per term) or more of a full course load.

 

How to Apply

Please submit a new application via the OSAP On-line Application process at http://osap.gov.on.ca/ using the 2018-2019 application.

Please note that you must submit your application at least 60 days prior to the end of your study period, and your supporting documentation must be submitted at least 40 days prior to the end of your study period. If you are taking spring/summer courses at Laurentian University and another institution, you must also complete the Studies at Another Institution form.

 

OSAP for Full Time Students for 2019-2020 Fall/Winter sessions

 

Who Can Get This Aid

Full time students taking 60% (9 credits per term) or more of a full course load. Students with disabilities taking 40% (6 credits per term) or more of a full course load.

 

How to Apply

2019-2020 OSAP applications are available at http://osap.gov.on.ca/.  For complete details, see Filling out your Application.

Please note that you must submit your application at least 60 days prior to the end of your study period, and your supporting documentation must be submitted at least 40 days prior to the end of your study period.

 

How You Get Your Aid

You are required to sign and submit a declaration and signature page indicating that you have read and understood your rights and obligations. If you apply online, you will be able to print a copy from the website or request that the ministry mail it to you.  You will also be required to complete your MSFAA.   

 

Documents You Need to Provide

To view what documents you need to provide, click on the “View Application Details” link on your OSAP online account.  You will have access to your documents required under the title “Documents you must provide”.

You will be required to provide documents to support the information that you provide on your application. For example, if you are married, you will be required to provide a copy of your marriage certificate. When you complete an online application, the documentation that you must provide will be listed. It is important to note that some documents are required before OSAP can calculate your aid and others are required before your aid can be released.

OSAP for Part Time Students for Spring/Summer 2019

 

Who Can Get This Aid

Students who are taking from 20 to 59 percent of a full course load (less than 9 credits). Your program of study must be degree granting.

 

How to Apply

Use the 2018-2019 OSAP Application for Part-Time Students. This application is available online at http://osap.gov.on.ca/.

Please note that you must submit your application at least 60 days prior to the end of your study period, and your supporting documentation must be submitted at least 40 days prior to the end of your study period.

 

OSAP for Part Time Students 2019-2020 Fall/Winter sessions

 

Who Can Get This Aid

Students who are taking from 20 to 59 percent of a full course load.  Your program of study must be degree granting, and your total family gross income falls below the applicable maximum based on your family size.

 

How to Apply

Use the 2019-2020 OSAP Application for Part-Time Students. The online application will be available in Summer 2019.

Please note that you must submit your application at least 60 days prior to the end of your study period, and your supporting documentation must be submitted at least 40 days prior to the end of your study period.

Information and application forms are available at http://osap.gov.on.ca/ or from Student Awards Office, Laurentian University, Sudbury, Ontario P3E 2C6.

 

Documents You Need to Provide

To view what documents you need to provide, click on the “View Application Details” link on your OSAP online account.  You will have access to your documents required under the title “Documents you must provide”.

 

How You Get Your Aid

New beginning Fall 2019:

You are required to sign and submit a declaration and signature page indicating that you have read and understood your rights and obligations. If you apply online, you will be able to print a copy from the website or request that the ministry mail it to you.  You will also be required to complete your MSFAA.   

Eligibility

Students who are Canadian citizens or landed immigrants, who have been residents of Ontario for one year prior to beginning their studies, and meet admission requirements of a Canadian university or an eligible post-secondary institution in Ontario, may apply for financial assistance from OSAP.  Students must be studying in a degree-granting program in order to qualify for OSAP.

A student qualifies for OSAP on the basis of an established financial need; funds are provided to supplement a student's own financial resources and those of his or her immediate family. A student who intends to pay tuition fees with government loans should have applied for OSAP before the end of June of each year. If an application is submitted after this date, it is likely that funds will not be available in time for payment of registration. In this case, students are required to cover the first installment payment of tuition fees with their own resources.

Course Withdrawals and Changes

If you withdraw from or fail a course(s), your OSAP entitlement will be reduced and this may result in an overpayment. If you incur an overaward, you may be restricted from OSAP, and you will be required to repay the loan overpayment in full in order to apply to OSAP in subsequent terms (even if you change institutions or return to study several years later). Consult the Student Awards Office before you withdraw from a course.

Refunds

All tuition refunds for OSAP applicants will be returned to National Student Loans Service Centre on the applicant's behalf.

Payment of fees

Once your enrollment has been confirmed with OSAP, it is helpful to verify your Account Summary on your Self-Service account to ensure that your fees have been paid in full.  Students are responsible for paying any outstanding balance which was not covered through their OSAP distribution.

Full Time Status

If you're taking 60% (9 credits) or more of a full course load, please follow the following instructions. A person with a disability is a full-time student if he/she is taking at least 40% (6 credits) of a full course load.

In order to qualify for either Canada or Ontario student loans, you must register in and maintain a minimum course load of 60% in each term of study for which you are requesting assistance. In other words, you must be registered in 3 courses (or 9 credits) per term. For OSAP calculation purposes, a 6 credit September to April course is considered 3 credits in the 1st term an 3 credits in the 2nd term.

Information and application forms are available at http://osap.gov.on.ca/ or from Student Awards Office, Laurentian University, Sudbury, Ontario P3E 2C6.

Another important component of Laurentian University's awards program is the Work Study Program. Work Study is designed to create part time, on-campus jobs that provide students with valuable career and academic experience, while helping them meet the cost of their studies.

Over 200 employment opportunities are available to students who demonstrate financial need and who submit a Work Study application.

While we cannot guarantee employment, the Career and Employment Centre on campus will be pleased to assist you with your job search. Please contact the Career and Employment Centre for further information regarding the application process.