Okay so for some reason my OSAP isn't going to fully cover all my fees so I have to pour money out of my own pocket. Now what I'm confused about is that in the payment agreement, it says there's an amount they will deduct based on OSAP's estimate. What does that mean? Since it's about $700 away from my installment plan.

Does that mean that I don't have to pay the full installment? And how can I pay for the rest of the amount through my own pocket, will they just take it from me?

Originally Posted by sinnersdrown

Okay so for some reason my OSAP isn't going to fully cover all my fees so I have to pour money out of my own pocket. Now what I'm confused about is that in the payment agreement, it says there's an amount they will deduct based on OSAP's estimate. What does that mean? Since it's about $700 away from my installment plan.

Does that mean that I don't have to pay the full installment? And how can I pay for the rest of the amount through my own pocket, will they just take it from me?

Your tuition will be reduced by 60% of your OSAP entitlement. If you are paying in full then you will have to pay the rest on September 1st (It'll automatically deduct the amount for you and provide you with the exact amount you have to pay). Then you will be able to pick up the 40% of your OSAP entitlement in January and do whatever you want with it.

All the information on the plans are stated on the payment agreement.

You can pay by cheque, online banking or interac.

I can't pay in full, I just have enough money to put for what OSAP's lacking. So should I put the rest of the money in and tell them to deduct it from that?

Originally Posted by sinnersdrown

I can't pay in full, I just have enough money to put for what OSAP's lacking. So should I put the rest of the money in and tell them to deduct it from that?

I suggest you read the payment agreement completely. It's a contract and should be treated as such.