Video Transcript – OSAP changes for 2017-2018

(This video begins with a woman sitting in front of a laptop at a desk, followed by a series of photos of University of Guelph students and landmarks.)

Are you a returning student applying for OSAP?
You might notice some changes.
8 things you need to know:

  1. More assistance than ever before through the new Ontario Student Grant. Some students’ tuition will be fully covered by the grant.
  2. Some previous OSAP grants, including the 30% Off Ontario Tuition Grant and the Ontario Student Opportunity Grant, have been consolidated to form the Ontario Student Grant.
  3. Students will not receive less than they did through the 30% Off Grant. The OTG-only application is no longer available. Students apply for grants using a single OSAP application.
  4. Students offered a combination of grants and loans can choose to accept only the grant funding.
  5. Grants and loans can be impacted if the income tax return(s) associated with the OSAP application is/are not filed on time.
  6. Eligibility for the new OSAP grant is not restricted to recent high school graduates. Mature students can qualify.
  7. The Ontario Student Opportunity Grant will still apply to loans received prior to Fall 2017. Changes to OSAP beginning Fall 2017 will not affect previous OSAP debt.
  8. The Education and Textbook tax credits are being phased out, starting in 2017.

Apply early and get ready for the Fall semester! We recommend applying at least 8 weeks before the start of the semester.

Questions? Contact Student Financial Services.