Guidance counselor FAQs
- Where can I get financial aid information?
- What is OSAP?
- What are the eligibility requirements for receiving OSAP?
- How and when should students apply for OSAP?
- Is every student entitled to OSAP funding?
- Do students have to apply for OSAP each year?
- Does OSAP cover all expenses associated with post-secondary studies?
- How long does it take to process an OSAP application?
- What is a Master Student Financial Assistance Agreement?
- How do students apply for the 30% Off Ontario Tuition Grant?
- What other types of financial asssistance are available from UOIT?
- What awards does UOIT offer and how do students apply?
- What bursaries does UOIT offer and how do students apply?
- Who can I contact for more information?
Information about federal and provincial government financial assistance is available on the Ontario Student Assistance Program (OSAP) website. For information on UOIT's financial aid programs visit the scholarships and bursaries section of this website.
The Ontario Student Assistance Program (OSAP) is a government program that provides financial aid to qualified students to help pay for education-related costs such as tuition, books, living costs and transportation. OSAP offers two kinds of aid:
- Grants that a student does not have to repay
- Loans that a student must repay
OSAP is open to Ontario residents who are a:
- Canadian citizen
- permanent resident, or
- protected person
Students should apply on the OSAP website as soon as they have been accepted into a program and know they will be attending UOIT. We recommend applying four to six weeks before their program starts.
No. OSAP eligibility is based on financial need. The Ministry determines the level of financial need based on the information submitted in each student's OSAP application.
Yes. A student must submit a new OSAP application each new academic year.
No. OSAP is designed to supplement the expected contributions of students and parents.
The application process takes from four to six weeks:
- Students must submit their Master Student Financial Assistance Agreement (MSFAA) to the National Student Loans Service Centre (NSLSC) in person through a designated Canada Post outlet.
- UOIT Student Awards and FInancial Aid must process their signature pages and all supporting documents.
- Applications must go through a Social Insurance Number, Ministry of Transportation and credit check.
Application times vary. We encourage students to apply early.
The MSFAA is a lifetime student loan agreement for full-time students that generally has to be completed only once during a student's post-secondary studies. The agreement contains the terms and conditions a student must agree to, in order to receive and repay his or her OSAP loan.
The Ontario government offers a 30% Off Ontario Tuition Grant for eligible full-time undergraduate students. If a student applies for OSAP assistance, he or she will be automatically considered if they meet the eligibilty criteria. If a student is not applying for OSAP he or she can apply on the OTG web page.
The Student Awards and Financial Aid (SAFA) office offers several forms of financial assistance including:
- Financial counselling
- Financial literacy workshops
- University Works on-campus employment programs
UOIT offers a variety of awards and scholarships that recognize student achievement including: awards of recognition, in-course scholarships and application-based scholarships. Visit the Scholarships and bursaries section of our website for information and application instructions.
Bursaries are awarded to UOIT students based on financial need and include (but are not limited to):
- Aboriginal Student Bursary
- General bursaries
- UOIT International Education Scholarship (approved travelling abroad)
Visit our Bursaries web page for more information.
Contact the Student Awards and Financial Aid office at 905.721.3141 or by email:
- email@example.com (Financial aid/OSAP inquiries)
- firstname.lastname@example.org (Student award inquiries)