Originally Posted by knguyens2
So my first question, which sounds kind of stupid, but is there a difference between the 2? Cause when I look at my payment agreement page, it says that my OSAP is still pending, and the amount is N/A. But then the Flex Osap plan says $7357.09.
Also on the MUGSI page, it says that most recent OSAP updates for your account will be on MUGSI for your convenience. Well, on my OSAP page, it says I do not require financial assistance, and therefore will not be receiving it, but then on MUGSI, it says that I am entitled to it.
And about the Flex OSAP plan, does it mean that I will not be charged interest if I pay the payment agreement amount in full? And the remaining owing would be owed to OSAP only, in which OSAP will not charge interest?
There isn't a difference between the two in terms of what money you're getting. The only difference is the payment method...I have payment in full, and that's basically paying everything in one go. I believe the flex plan is paying part in september, and the full amount is not due until January (I think?), but there is still interest with the flex plan. I think it's 1.2% per month.
I'm not sure about mugsi and osap :S, but for me, I never go on the osap page...I just always go on mugsi to check out my osap. Sorry, Can't help you here :(
As I said before, the flex plan has interest. For payment in full, interest won't start until september 30th. I'm not a 100% on this, but I think OSAP doesn't start interest until you graduate. Anyone wanna confirm this?