09-12-2012 at 07:14 AM
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#1
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osap issued?
Hi,
On my payment agreement, it says beside my osap that it's "issued" and subtracts the amount from the tuition and asking me for the remainder. I'm not sure if the school actually received it or in the process of receiving it. Because when i check osap mobile, it says for next step, "income verifcation" so seems like the osap hasn't done processing.
Do any of you guys know about this?
Thanks
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09-12-2012 at 08:18 AM
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#2
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Because we don't have to line up anymore, no one is really sure about when osap is coming out. When did you submit your papers?
jake0405
says thanks to elaynag for this post.
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09-12-2012 at 08:40 AM
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#3
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If you click on "income verification" it says that that is done before the release of the second chunk, in January. As long as the school has confirmed your enrollment, the first 60% should have been released. You can always check your account statement to verify, although it could take a few days' lag time.
As for when funding is supposed to be released, it's not that no one knows...if you click on "when will my funding be released" or something like that in OSAP, it specifies a date. So basically, as long as the school has confirmed enrollment and it's after that date, you'll get the money.
jake0405
says thanks to starfish for this post.
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09-12-2012 at 09:58 AM
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#4
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OSAP gives out the first payment sometime in September, and then you are required to complete the income verification in order to get your SECOND payment from them (usually happens in January)
They say the sooner the better but you have until mid December (don't remember exact date) to verify your income, don't worry about that for now! 
jake0405
says thanks to abbas.kassam for this post.
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09-12-2012 at 11:45 AM
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#5
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I received my deposit into my bank account this morning- so they should all be coming out some time soon
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09-12-2012 at 11:57 AM
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#6
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Does anyone know if we get our OSAP deposited in more than one installment based on where the money is coming from? Because I have money that was deposited from Canada GSL today but I'm entitled to more than that after they've remitted to the school.
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09-12-2012 at 12:06 PM
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#7
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I also did not have the full amount deposited today that I was entitled. I contacted SFAS and they informed me that some of the amount issued is provincial, and some is federal- so the remaining amount may be deposited within the next few days. Otherwise, they told me to call National Student Loans
munawm
says thanks to MeganB214 for this post.
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09-12-2012 at 12:08 PM
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#8
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Quote:
Originally Posted by MeganB214
I also did not have the full amount deposited today that I was entitled. I contacted SFAS and they informed me that some of the amount issued is provincial, and some is federal- so the remaining amount may be deposited within the next few days. Otherwise, they told me to call National Student Loans
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Ok thank you! |
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09-12-2012 at 02:27 PM
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#9
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How long are the lines to get OSAP? And what's the best time to go?
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09-12-2012 at 03:50 PM
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#10
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Quote:
Originally Posted by rory1994
How long are the lines to get OSAP? And what's the best time to go?
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best to go at 7:30 AM
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09-12-2012 at 05:30 PM
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#11
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Quote:
Originally Posted by rory1994
How long are the lines to get OSAP? And what's the best time to go?
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Quote:
Originally Posted by giftedchick
best to go at 7:30 AM
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There are no lines to get OSAP this year...SFAS/OSAP sent out multiple emails and it's on the OSAP website, and on the MSFAA form you filled out. |
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09-12-2012 at 05:46 PM
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#12
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You will receive the money through cheque or direct deposit as stated above. (re: lines)
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Emma Ali
Honours Life Sciences
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09-13-2012 at 04:55 PM
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#13
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I'm kind of getting nervous that the money won't come in in time to pay my rent on the 1st... there have been a few unanticipated expenses recently and after paying tuition I'm pretty broke. I was expecting it to come in by now but now I'm not sure... I'm probably just prematurely freaking out. It's just that asking my mother for money is generally a terrible experience.
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09-13-2012 at 05:38 PM
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#14
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Quote:
Originally Posted by Kudos
I'm kind of getting nervous that the money won't come in in time to pay my rent on the 1st... there have been a few unanticipated expenses recently and after paying tuition I'm pretty broke. I was expecting it to come in by now but now I'm not sure... I'm probably just prematurely freaking out. It's just that asking my mother for money is generally a terrible experience.
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There's really nothing you can do about OSAP, but as people have posted that they've at least gotten a portion of their money, that should be enough to cover rent. If not, then pay rent late...if you just do it once, there aren't really any consequences, and it's not the end of the world. I think it's only a problem if you habitually don't pay on time. |
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09-14-2012 at 12:04 AM
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#15
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Quote:
Originally Posted by Kudos
I'm kind of getting nervous that the money won't come in in time to pay my rent on the 1st... there have been a few unanticipated expenses recently and after paying tuition I'm pretty broke. I was expecting it to come in by now but now I'm not sure... I'm probably just prematurely freaking out. It's just that asking my mother for money is generally a terrible experience.
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I haven't gotten mine yet either. It should be any day though |
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