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OSAP/ Scholarships

 
Old 08-13-2008 at 07:58 PM   #1
stevenback7
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OSAP/ Scholarships
Two things:

1. It says on my PA that OSAP has been issued (I'm not using it as a funding option - I just applied for OSAP to get another scholarship). Does that just mean they have approved my OSAP, but when they tell me to go pick up my OSAP loan I can just refuse to accept it and that's it.

2. umm I'm resisting the urge to jump up and down in joy. But originally on my PA ( a couple days ago) I had the 2000 dollar entrance scholarship for my high school average. That number on my PA has just gone to 5500 today, where the heck did that extra money come from. When I go to "scholarships and awards" it just has the two thousand.

Please tell me I can jump up and down in joy and that this isn't just a McMaster error?
Old 08-13-2008 at 08:03 PM   #2
jhan523
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Holy crap... I wish that happened to me and I wish it wasn't a mistake. Lol

For the OSAP I think you have to collect the check and pay it back to OSAP. I suggest you just collect the check and put it in your bank. Make sure you continue to let OSAP know you are in university until you graduate and then pay them back. You can probably make a few hundred dollars over 4 years.
Old 08-13-2008 at 08:09 PM   #3
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Quote:
Originally Posted by jhan523 View Post
Holy crap... I wish that happened to me and I wish it wasn't a mistake. Lol

For the OSAP I think you have to collect the check and pay it back to OSAP. I suggest you just collect the check and put it in your bank. Make sure you continue to let OSAP know you are in university until you graduate and then pay them back. You can probably make a few hundred dollars over 4 years.
Okay, so if I accept the cheque for OSAP - could I just pay it back in one payment right away?
Old 08-13-2008 at 08:10 PM   #4
aya017
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yep u can pay back right away (after school)
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Old 08-13-2008 at 08:15 PM   #5
stevenback7
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What about my sudden increase in my Mcmaster Scholarship, anyone know where that extra money came from because I'm paying my tuition tommorow morning?
Old 08-13-2008 at 08:27 PM   #6
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Quote:
Originally Posted by stevenback7 View Post
What about my sudden increase in my Mcmaster Scholarship, anyone know where that extra money came from because I'm paying my tuition tommorow morning?
Based on the amount of the difference I'd say it looks like the maximum Queen Elizabeth II scholarship (3500$)
Old 08-13-2008 at 08:33 PM   #7
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Sweet, congratulations! (hopefully )
Old 08-13-2008 at 08:46 PM   #8
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Quote:
Originally Posted by Nosferatu View Post
Based on the amount of the difference I'd say it looks like the maximum Queen Elizabeth II scholarship (3500$)
Umm, neither MUGSI's OSAP page or the actual OSAP page through the goverment says that I've received anything from that scholarship, even though I did apply.
Old 08-13-2008 at 08:48 PM   #9
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Quote:
Originally Posted by jhan523 View Post
Sweet, congratulations! (hopefully )
Yup, it's confirmed. It's the QE II. Congratulations, especially since it is renewable, without having to re-apply.
Old 08-13-2008 at 09:13 PM   #10
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Quote:
Originally Posted by Nosferatu View Post
Yup, it's confirmed. It's the QE II. Congratulations, especially since it is renewable, without having to re-apply.
Thank you

How do you know that it's the QE II? Just based on that it is an extra 3500?

*Begins to jump up and down in joy
Old 08-13-2008 at 09:36 PM   #11
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Quote:
Originally Posted by stevenback7 View Post
Thank you

How do you know that it's the QE II? Just based on that it is an extra 3500?

*Begins to jump up and down in joy
No, I checked my QE II entitlement in MUGSI (I only have 100$ ) and that is exactly how much my 'McMaster Scholarship' did increase.
Old 08-13-2008 at 10:07 PM   #12
Sync
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You actually check under "OSAP and Government Assistance" to see how much you have for QEII scholarship.
Old 08-13-2008 at 10:14 PM   #13
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so if there is no information about the QEII scholarship yet then does that mean i didnt get it?
Old 08-13-2008 at 10:25 PM   #14
raine
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I think I got that, too! My entrance scholarship is now $5500 as well (it was $2000 before). Yay free money
Old 08-13-2008 at 10:30 PM   #15
raine
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Does this mean I have to update my OSAP information since I got more scholarship? Would this reduce the loan amount?



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