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payment options

 
Old 08-15-2011 at 10:22 PM   #1
ymich
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payment options
which payment options should I choose? I think the payment in full sounds good. And according to box 6, I needa pay six thousand somehting. Do I only pay this amount? What about Osap? I don't understand why people would choose flex plan-Osap if osap is deducted according to box 6. why do people need to wait for osap money??? I don't get it
Old 08-15-2011 at 10:38 PM   #2
jhan523
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Quote:
Originally Posted by ymich View Post
which payment options should I choose? I think the payment in full sounds good. And according to box 6, I needa pay six thousand somehting. Do I only pay this amount? What about Osap? I don't understand why people would choose flex plan-Osap if osap is deducted according to box 6. why do people need to wait for osap money??? I don't get it
You can choose any payment plan you want and can follow through with.

With any payment option, you just have to follow the payment schedule. This is the minimum you have to pay, so if you choose anything other than payment in full you can pay more than what it states in order to lower interest charges.

If you choose OSAP as a funding option, it has already been deducted in Box 5.

People choose the OSAP-flex plan because they cannot pay in full. They need both OSAP releases in order to pay for their fees.
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Old 08-15-2011 at 11:33 PM   #3
ymich
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Posts: 74

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Quote:
Originally Posted by jhan523 View Post
You can choose any payment plan you want and can follow through with.

With any payment option, you just have to follow the payment schedule. This is the minimum you have to pay, so if you choose anything other than payment in full you can pay more than what it states in order to lower interest charges.

If you choose OSAP as a funding option, it has already been deducted in Box 5.

People choose the OSAP-flex plan because they cannot pay in full. They need both OSAP releases in order to pay for their fees.
the amount deducted is the amount from osap right? or we can get more money from osap???
Old 08-15-2011 at 11:36 PM   #4
jhan523
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Quote:
Originally Posted by ymich View Post
the amount deducted is the amount from osap right? or we can get more money from osap???
It's only the first release of OSAP which is to be picked up and forwarded to McMaster. The second release happens in January.
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Jeremy Han
McMaster Alumni - Honours Molecular Biology and Genetics
Pennsylvania College of Optometry at Salus University Third Year - Doctor of Optometry



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