Ontario Student Assistance Program (OSAP)
Managing Your OSAP Funding
It’s important to manage your OSAP funds carefully to ensure they cover your educational and living expenses. Remember that part of your funding may be in the form of loans, which you’ll need to repay after finishing your studies.
Your OSAP funding will be distributed in two or more installments throughout the academic year. The first installment typically covers tuition and fees, with the remaining amount deposited into your bank account to help cover other costs.