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OSAP - Missing Money?

 
Old 09-14-2010 at 09:56 PM   #1
MacAttk
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OSAP - Missing Money?
Okay so I just checked my bank account today and about half of my OSAP is missing. No don't tell me I get 60% now and 40% later. I'm taking about my 60% - my remit amount for my tuition and then after that, I'm missing half of what I'm suppose to have. Anyone experience this before? I'm gonna call SFAS tomorrow but I just want to see if this has happened to anyone in the past or is happening right now
Old 09-14-2010 at 09:58 PM   #2
feonateresa
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Both me and my friend are missing part of our money too. I'd wait until after Thursday, since that's when we were supposed to get it.
Old 09-14-2010 at 10:03 PM   #3
giftedchick
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osap is kind of split into parts..grants then the actual loans.. maybe u only got one part and the other hasnt been processed yet
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Old 09-14-2010 at 10:11 PM   #4
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I'm having the same issue.

I think they'll eventually send us the rest of the amount sometime this week. This small, but crucial, deposit by OSAP could've been made so that students can pay off time-sensitive bills like your rent, book costs etc etc
Old 09-14-2010 at 10:28 PM   #5
Shmowen
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I think that the above statement about not all of the OSAP money being released is probably true. On my account, it says I received money from "Canada GSL", which I think is grant-money. I can't say for sure, though......financial matters hurt my brain.
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Old 09-15-2010 at 08:40 AM   #6
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Yeah same thing happened to me, I was missing about a grand that I was supposed to get, but a couple days later the rest was deposited under a different name... one said CANADA and one said ONTARIO
so I would wait a few days and see if you get it then
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Old 09-16-2010 at 12:40 AM   #7
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My OSAP funding suddenly decreased by $1000 a couple days ago...So I'm going to ask the Financial Aid office about that.
Old 09-16-2010 at 05:38 AM   #8
L'Étoile
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my osap is immediately paid to uni and they only paid about 80% of the 60% :S I am so worried now what shall i do
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Old 09-16-2010 at 08:09 AM   #9
feonateresa
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Quote:
Originally Posted by noor_toglaw View Post
my osap is immediately paid to uni and they only paid about 80% of the 60% :S I am so worried now what shall i do
What do you mean exactly? Did you select to pay your tuition in full? Or in parts?

My friend paid in full, and most of her 60% went to pay tuition - but she still had some money left over. Perhaps that's what happened to you? Which is supposed to be the norm.
Old 09-16-2010 at 10:52 AM   #10
L'Étoile
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no i am on the osap plan and i picked up 60% of my osap and then payed it all to uni (like immediately i did not get it to my account) and on my student account it shows that only some of the money is paid so I am supposed to get 7200 they only paid 6800 ... :(
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Old 09-16-2010 at 12:00 PM   #11
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It will probably come in two payments and the rest should go towards it within the next couple of days



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