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Full-Time OSAP

The Ontario Student Assistance Program (OSAP) provides loans and grants to help you come to university. Visit the OSAP websiteNew window to learn more and apply! If you’d like an early estimate, review the OSAP Aid EstimatorNew window to help you plan ahead.   

The program changes slightly from year to year, so check out our guides below - they’ll tell you everything you need to know. You can also visit the OSAP How To Apply guideNew window to get started on your application!

2019-2020 Full-Time OSAP

The Ontario Student Assistance Program (OSAP) provides loans and grants to help you come to university. For Full-Time OSAP, you need to take a 60% course load, or 3 courses per term (40%, or 2 courses, if you have a disability)*. If you are taking less than that, you can apply for Part-Time OSAP. Follow our step-by-step guide for full-timeOSAP below.

*Note: Graduate students in a full-time program, regardless of their course load, must apply for full-time OSAP.

1. Apply for OSAP online

We recommend submitting your application by early June to ensure your OSAP is processed and ready to go for September. You can still apply after this date, however, your funding may be delayed. Check the Important Dates page for final deadline dates.

Although the OSAP process is the same for most students, we do have some additional information for specific student groups. Please review the information on the linked page before you start your application.

2. Upload required documents directly to your OSAP account

At the end of your application, scan and upload any required documents to your OSAP account.

3. Receive your assessment

Within a few days after you apply, you will receive your assessment. OSAP will email you when your assessment is available. Don’t want the loan portion? Log in and select the “no loan option” to receive grant-only funding. Not getting enough OSAP funding? You might be eligible for an OSAP review.

You can also visit the After You Apply for OSAP websiteNew window for more information about what happens after you upload required documents receive your assessment.

4. Ryerson will confirm your enrolment to release your first installment (September)

Starting the last week of August, Ryerson will begin confirming enrolment for the Fall term. When you have been confirmed, you will see an update on your OSAP account. Keep an eye on your bank account – OSAP should deposit 5-10 business days after confirmation.

5. Check your RAMSS account to make sure your tuition is paid (September)

Check your RAMSS account to make sure your funds arrive. OSAP doesn’t cover all your fees? Remember to pay the outstanding balance by the beginning of October (when monthly interest of 1.25% will begin).  

6. Check your email and OSAP message centre

You may receive communications by email - and your OSAP message centre - regarding your file throughout the year. Mid-year, OSAP may also request additional information to determine your eligibility for extra grant funding.

7. Ryerson will confirm your enrolment to release your second installment (January)

The week before the annual mid-year closure, Ryerson will begin confirming enrolment for the Winter term. When you have been confirmed, you will see an update on your OSAP account. You can expect to receive your OSAP in the first week of January.

A note for graduate students: if you are in a graduate program that ends in the summer, you will receive your final OSAP installment in January that covers both the winter and spring/summer terms. Be sure to budget accordingly.

8. Check your RAMSS account to make sure your tuition is paid (January)

Check your RAMSS account to make sure your funds arrive. OSAP doesn’t cover all your fees? Remember to pay the outstanding balance by the beginning of February (when monthly interest of 1.25% will begin).    

9. Pass your courses

We check your academic progress at the end of every school year. As an OSAP recipient, you are expected to pass 60% of a full course load, or 3 courses per term (40% or 2 courses, if you are a student with a permanent disability). Don’t worry – we’re not checking your academic average; progress is assessed on a pass/fail basis. If you don’t pass 3 courses per term, you may be placed on OSAP Academic Progress/ProbationNew window.

10. Receive OSAP again or apply for interest-free status or enter repayment

If you’re returning to full-time studies - within six months of the end of your study period - you have two options to stay out of repayment and maintain interest-free status:

  1. Apply for OSAP again. When we confirm your enrolment, the loan center is notified that you are still in full-time studies.
  2. Apply for interest-free status. If you don’t apply for OSAP again, you can submit a Continuation of Interest-Free Status application through your OSAP account onlineNew window to keep your loans interest-free and defer repayment.

Not returning to full-time studies? Learn more about repaying your loans on the OSAP websiteNew window.

Changes to OSAP in 2019-2020

In early 2019, the Ontario Ministry of Training, Colleges, and Universities announced that there will be some changes to OSAP effective the 2019-2020 academic year. To help you understand what these changes mean and how they may impact you, please review the following updates:

Interest-free grace period

The six-month loan repayment grace period remains unchanged. During the first six months of discontinuing full-time studies (e.g. after finishing the final year of your program), students are not required to make any loan payments.

During the six-month loan repayment grace period, however, students will accrue interest on the provincial portion of their loans.

Changes to grant eligibility

All OSAP applicants will receive a minimum of 10% of their funding as a loan (however, students can still continue to select the “grant only” option on their OSAP application to not take on any debt). The percentage of funding that will be a loan will depend on a few factors, including the student’s income (and if applicable, their family’s) and the student’s status (dependent, single independent, married/common-law, or sole-support parent).

Students whose families have a household income of $140,000 or more will no longer be eligible for the Ontario Student Grant (compared to $175,000 or more in 2018/2019).

Change of the definition of 'independent student’

Independent students will now be defined as a student who has been out of high school for six years (compared to four years). This means that students will need to continue to report their parents’ income on their OSAP application if they have been out of high school for six years or less.

Grant-to-loan ratio for graduate students

Graduate students’ OSAP funding will be, at minimum, 50% loan or more. This means graduate students may receive less grant funding compared to previous years..

Changes to expected student, family, and spousal contributions

The purpose of OSAP is to supplement a student's contribution to their educational costs. The amount that students will be expected to contribute will increase from $3,000 to $3,600 for 2019-20. This expected contribution is automatically calculated into students’ OSAP assessments.

The expected family and spousal contributions (if applicable) will increase in 2019/2020, which may impact students’ OSAP assessment differently compared to previous years (see “Affordability of Postsecondary Education in OntarioNew window”).

Compulsory fees

For the 2018-2019 academic year, an OSAP assessment included service and education-related fees charged by Ryerson University and paid by the student (i.e., mandatory and optional fees paid by the student). In 2019-2020 the OSAP assessment will only include the mandatory fees related to the campus-wide services all students must pay (see the OSAP websiteNew window).

Scholarships, awards, and bursaries

We are aware that the changes to OSAP in 2019/2020 may have significant impacts on your funding compared to previous years. There are other supports available to help you pay for your education. We encourage all students to explore our scholarships and awards website, as well as other resources available on campus such as Career Boost on-campus jobs and the Good Food CentreNew window.