FORUM ARCHIVE
MacInsiders Logo

Similar Threads
Thread Thread Starter Forum Replies Last Post
Paying my tuition fees... Driftking24 First-Year / Prospective Student Questions 1 09-26-2011 06:51 AM
Stats Can Release on Tuition Fees lorend MacInsiders Announcements 11 09-21-2010 07:12 AM
Tuition Fees and Possible Tuition Reduction due to Headstart/LEAP MacPack First-Year / Prospective Student Questions 2 06-10-2010 09:07 PM
Flat Tuition Fees @ UofT jhan523 General Discussion 17 06-10-2009 01:27 PM
Tuition and Student Fees receipt Matt Hills General Discussion 3 10-20-2008 09:51 PM

OSAP and School Tuition Fees Interest

 
Old 02-16-2013 at 07:23 PM   #1
lalalola2011
Senior Member
Join Date: Jun 2012
Posts: 227

Thanked: 0 Times
Liked: 4 Times




OSAP and School Tuition Fees Interest
Hello! so ive just noticed that i have to pay an interest for every month so far, but i think i remember reading that if you have OSAP paying for your tuition then there will be no interest on your tuition fees. This also makes sense since OSAP will pay once it obtains or sets aside money for me.

So im just wondering is there something wrong here? or is there an interest rate even when OSAP is funding your education?

Thanks!
Old 02-16-2013 at 07:24 PM   #2
rpg51
Elite Member
Join Date: May 2012
Posts: 450

Thanked: 48 Times
Liked: 139 Times




Interest on your tuition has nothing to do with whether you have OSAP are not. Everyone will have to pay interest if you do not pay in full on sept 1
Old 02-16-2013 at 07:25 PM   #3
rpg51
Elite Member
Join Date: May 2012
Posts: 450

Thanked: 48 Times
Liked: 139 Times




I know this because I have been paying interest on tuition
Old 02-16-2013 at 07:36 PM   #4
lalalola2011
Senior Member
Join Date: Jun 2012
Posts: 227

Thanked: 0 Times
Liked: 4 Times




OH wow that sucks ...
Old 02-16-2013 at 07:41 PM   #5
starfish
Elite Member
Join Date: Aug 2012
Posts: 3,062

Thanked: 505 Times
Liked: 572 Times




You should take the time to read your payment agreement as well as the details of your payment plan.

On the payment agreement it states "Note that all options other than 'pay in full' involve interest" or something along those lines.

drpatel likes this.



Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
vB code is On
Smilies are On
[IMG] code is On
HTML code is Off



McMaster University News and Information, Student-run Community, with topics ranging from Student Life, Advice, News, Events, and General Help.
Notice: The views and opinions expressed in this page are strictly those of the student(s) who authored the content. The contents of this page have not been reviewed or approved by McMaster University or the MSU (McMaster Students Union). Being a student-run community, all articles and discussion posts on MacInsiders are unofficial and it is therefore always recommended that you visit the official McMaster website for the most accurate up-to-date information.

Copyright © MacInsiders.com All Rights Reserved. No content can be re-used or re-published without permission. MacInsiders is a service of Fullerton Media Inc. | Created by Chad
Originally Powered by vBulletin®, Copyright © 2019 MH Sub I, LLC dba vBulletin. All rights reserved. | Privacy | Terms