OSAP Flex Plan Payments
I'm super confused by looking at my payment agreement, so I figured I'd come here for a little help.
Anyways, I chose the OSAP Flex Plan as I am using OSAP.
"Flex Plan - OSAP: Designed with the OSAP release schedule in mind. Required minimum payment is approximately 60% of your Net Fees total. Balance due no later than January 15."
So my net fees right now (after my entrance scholarship and residence deposit) is $15145.17
It says I am expected to pay $2,035.10 as my initial payment (due September 30th).
I don't get where this number comes from. It says that my required minimum payment is 60% of my net fees. What does this mean?
I'm getting approx. $7,000 from OSAP for the first release, so what should I do? When should I pay and stuff. Ugh, I'm so confused and stressed, I don't even know where to start...
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