You also must meet Ontario residency requirements to apply for OSAP. You are considered an Ontario resident if as of the first day of their study period, Ontario is the most recent province in which you have resided for 12 consecutive months, not including any time as a full-time postsecondary student.
How long do I have to live in Ontario to get OSAP?
12 consecutive months
OSAP eligibility for degree students
be a Canadian citizen, permanent resident or have protected person status; international students are ineligible. have Ontario residency, that is, have lived in Ontario for at least 12 consecutive months without attending full-time postsecondary school.
Can I get OSAP if I just moved to Ontario?
Residency in Ontario
You must meet certain requirements to be considered a resident of Ontario for OSAP purposes. You may also be eligible if your spouse or parent(s) meet certain residency requirements. If you have lived in another province, you must contact that province’s student assistance program.
Can you get OSAP if you live out of province?
OSAP funded students may attend post-secondary institutions in another Canadian province, or in another country. Students attending a public institution in another Canadian province are eligible for full OSAP funding.
What makes you not eligible for OSAP?
You may not be eligible for OSAP if you: don’t meet the academic progress requirements. have enough financial resources, including other forms of government aid, to cover your expenses allowed by OSAP.
Who is considered a resident of Ontario for OSAP?
You also must meet Ontario residency requirements to apply for OSAP. You are considered an Ontario resident if as of the first day of their study period, Ontario is the most recent province in which you have resided for 12 consecutive months, not including any time as a full-time postsecondary student.
How long do you have to live in Ontario to be considered a resident?
To meet the minimum qualifications you must: be physically in Ontario for 153 days in any 12‑month period. be physically in Ontario for at least 153 days of the first 183 days immediately after you began living in the province.
What qualifies you as a resident in Ontario?
as individuals who spend a total of 183 days or more in a year in Canada or who are employed by the Government of Canada or a Canadian province.)
How do I get proof of Ontario residency for OSAP?
A photocopy of your Permanent Resident Card. If you have dependent children living with you full-time during your study period. A copy of the transcript of your marks that proved you successfully passed the course(s) that you received the grant. A photocopy of your Social Insurance Number card.
Can OSAP deny me?
New applicants for OSAP, who are 22 years of age or older, will undergo a credit check by the Ministry. Their position is that applicants are ineligible for OSAP if they have been in arrears for 90 days or more on three or more personal loans in the past three years with a combined value of $1,000 or more.
How much income is too much for OSAP?
Your OSAP assessment will take into account any amount of income you earn or receive over $5,600 per term when calculating the amount of OSAP funding you are eligible to receive.
How does OSAP check your income?
The Ministry verifies student income as reported on the OSAP application against income information provided to the Canada Revenue Agency (CRA) by the student.
Is OSAP forgiven after 15 years?
Repayment Assistance Program
After 15 years, any remaining student loan debt is forgiven.
Does OSAP ask for proof of rent?
Proof of the amount of room and board or rent payments that you will make to your parents for your study period showing the financial transfers that occurred between you and your parent(s) for at least two months (for example, bank statements or electronic funds transfers). Receipts will not be accepted as proof.
What is the income limit for OSAP 2022?
Your OSAP assessment will take into account any amount of income you earn or receive over $5,600 per term when calculating the amount of OSAP funding you are eligible to receive.
Does OSAP look at your credit?
All new OSAP applicants will be subject to a check of their credit history to ensure that funding is not issued to individuals with a history of serious credit abuse. failed the credit check on the Ontario portion of the Canada-Ontario Integrated Student Loan.
Am I qualified for OSAP?
You may be eligible for OSAP if you meet all of the following criteria: Canadian citizen, Permanent Resident or Protected Person. Ontario resident (have lived in Ontario for 12 months prior to commencing your post-secondary education).
What is the difference between a resident and nonresident student?
For financially dependent undergraduate students, resident determination is derived from the residence of their parents. Because you and your parents are currently residents of another state, you are a nonresident for tuition purposes.
How do I declare residency in Ontario?
economic ties in Canada, such as Canadian bank accounts or credit cards. a Canadian driver’s licence. a Canadian passport. health insurance with a Canadian province or territory.
Significant residential ties to Canada include:
- a home in Canada.
- a spouse or common-law partner in Canada.
- dependants in Canada.
What happens if I stay out of Ontario for more than 6 months?
If you stay out of the country (or even out of province) for too long, you can risk being ineligible and losing your health card privileges.
What is 183-day rule?
Understanding the 183-Day Rule
Generally, this means that if you spent 183 days or more in the country during a given year, you are considered a tax resident for that year. Each nation subject to the 183-day rule has its own criteria for considering someone a tax resident.