I chose to pay 60% of the tuition first term. Am I going to be charged interest because I haven't paid my full tuition yet? Or does it mean if I don't pay the 60%?

Originally Posted by Rich0591

I chose to pay 60% of the tuition first term. Am I going to be charged interest because I haven't paid my full tuition yet? Or does it mean if I don't pay the 60%?

You are charged interest on all outstanding balances in your account statement on the last day of every month at a rate of 1.2% per month.

So if I'm on the Flex - OSAP plan, I would have to pay my Balance forward and also the other 40% to my Student Account to avoid interest right?

Oh and does your ontario access grant appear second term when you pick up your osap? Because right now it says $0.00 on my Mugsi Osap details. I went to talk to Financial aid and they said I'll get it second term, but my friends told me they already got it.

Originally Posted by doublefudge

So if I'm on the Flex - OSAP plan, I would have to pay my Balance forward and also the other 40% to my Student Account to avoid interest right?

Oh and does your ontario access grant appear second term when you pick up your osap? Because right now it says $0.00 on my Mugsi Osap details. I went to talk to Financial aid and they said I'll get it second term, but my friends told me they already got it.

That's correct.

I don't know about the second question.