OSAP Glossary & Common Terms

Ontario Student Assistance Program (OSAP)

Applying for OSAP

What Is OSAP
Who is Eligible for OSAP
When to Apply
How to Apply
What If I Am Not Eligible?

Paying Your Tuition with OSAP

Paying Your Tuition
Tuition Deposit
Tuition Fees
Registration
Confirmation of Enrolment for OSAP Purposes

Maintaining Your OSAP

OSAP Eligibility
Academic Progress Requirement
Full-time Academic Probation for OSAP
Academic Restriction

Managing Your OSAP Funding

Your OSAP Funding
National Student Loans Service Centre
Master Student Financial Assistance Agreement (MSFAA)
OSAP Repayment
Continuation of Interest-Free Status (CIFS)

Glossary/Common Terms

Glossary/Common Terms

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Questions about your OSAP application?

Glossary/Common Terms

Understanding OSAP terms is essential for navigating the application process. Below is a list of commonly used terms related to OSAP.

Grant: Non-repayable financial aid.
Loan: Repayable financial aid.
Enrolment Confirmation: Verifies your student status for OSAP.
Interest-Free Status: A period when no interest accumulates on your loan.
NSLSC: National Student Loans Service Centre.