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Part-time Loans and Grants
I am a part-time student. Am I eligible for OSAP?
As a part-time student, you are not eligible to apply through the full-time OSAP program. However, there is a federal Part-time Canada Student Loan and Canada Student Grants Program that you may be eligible for. Generally speaking, to be eligible to apply under this part-time program, you will need to meet the following criteria:
- Registered in 20 to 59 per cent of a full course load (three to eight credits per term); 20 to 39 per cent of a full course load for students with permanent disabilities (three to five credits per term).
- Canadian citizen, permanent resident of Canada (landed immigrant) or a protected person (international students are not eligible).
- Resident of Ontario and have resided in Ontario at least 12 months immediately prior to the part-time study period, excluding periods of full-time study.
- Registered in an OSAP-approved degree program (most degree programs at York are eligible).
- Previous OSAP student loans are in good standing (i.e. you must not have defaulted on a student loan) and/or you are not currently restricted from participating in financial aid programs.
- Maintained satisfactory academic progress while in receipt of previous government financial aid.
- Combined gross family income and assets do not exceed the applicable program amounts, which are based on family size. The chart below contains the maximum income and/or asset limits. Students with income and/or assets higher than these limits are not eligible.
| Family Size |
Canada Student Grant Eligibility |
Part-time Canada Student Loan Eligibility |
| 1* |
$14,100 |
$26,100 |
| 2** |
$23,300 |
$34,800 |
| 3 |
$31,900 |
$43,600 |
| 4 |
$37,800 |
$50,500 |
| 5 |
$43,700 |
$56,300 |
| 6 |
$48,600 |
$62,400 |
| 7 |
$53,000 |
$68,300 |
| 8 |
$56,800 |
$72,600 |
| 9 |
$60,100 |
$75,200 |
| 10 |
$62,700 |
$78,200 |
* single student.
** married student or sole-support parent with one child.
As a part-time student, what application should I complete to receive financial aid?
Complete and submit the Part-time Loan and Grant Application. Read all the instructions carefully as it will not be processed if the required supporting documentation is not attached.
The Part-time Canada Student Loan and/or Canada Study Grant Application is used to apply for the following programs:
- Part-time Canada Student Loans Program
- Canada Student Grant for Part-time Studies
- Canada Student Grant for Part-time Students with Dependants
- Canada Student Grant for Persons with Permanent Disabilities
Complete and submit this government form by placing it in the drop box located just inside the southwest entrance of the Bennett Centre for Student Services (the building is open 24 hours a day) or mail it to the following address:
Student Financial Services - York University
Bennett Centre for Student Services
4700 Keele Street
Toronto, Ontario
M3J 1P3
Canada
As original signatures are required, you cannot fax the completed form to the University. It is not necessary to see someone when submitting the application.
Are there any other financial aid opportunities for part-time students?
Yes. Visit the Grants and Bursaries section of the OSAP Web site for information and applications.
What are the application deadlines for the part-time student loan applications?
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If length of your study period is... |
Deadline to apply is... |
| Less than 30 days |
Six weeks before the beginning of your study period start date to allow sufficient time to obtain necessary documentation and to process the application. |
| Up to 20 weeks |
Within the first 30 days of the your study period start date. |
| 21 weeks or longer |
No later than 90 days before the end of your study period. |
For complete details, visit the Part-time Canada Student Loan section of the OSAP Web site.
Is there anything else I should be aware of regarding part-time financial aid from the government?
Interest is charged on your loan beginning 30 days after you receive your loan while you are still pursuing your studies and will continue to be charged until you pay back your loan in full. Effective in the 2009-2010 academic year, you may choose to defer payments on your Part-time Canada Student Loans until six months after the end of your studies.
Any questions about interest on part-time student loans should be directed to the National Student Loans Service Centre by phone toll free at 1-888-815-4514.
What are the maximum amounts for the government part-time loans?
The table below shows the maximum amounts of assistance you may receive for an academic year, based on the government's calculated need.
* The maximum outstanding principal for all Part-time Canada Student Loans cannot exceed $10,000 at any time (does not include accruing interest).
For details on eligibility requirements for each of the above programs, visit the OSAP Web site.
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