OSAP Repayment Explained | 2021 OSAP Update

I graduated from McMaster, how about you?

McMaster!

Incoming freshman at Western with Ivey AEO. just doing my due diligence so I'm fully informed before I deal with loans. Great Video!

OCAD University!

This video was super helpful and I love your editing style. cheers 💃

Hi I have a question so I have finished first year of uni and I am going into second year now but on my nslsc account it says estimated first payment date as November 2021 but I thought you don't have to start paying until 6 months after you have graduated so I was a bit confused regarding that

Thank you for sharing, very helpful

Kay Kay Uni

Sooo helpful. I was so confused by the federal and Ontario portion of loans. Also, I graduated from UofT Mississauga!

Thank you for the video I am a new student and this helped me allot thank you !

Graduated from Brock in spring 2020, wanting to begin investing but not sure if I should with my osap debt. Any thoughts?

Best video I seen on this topic! Just graduated as well and am planning to keep investing the money as long as the interest rate is so low. Question for you, how do I pay off my osap in a way that builds my credit score. I heard the CTFS credit card is the only one that you can use to pay off student loans. Do you have any tips on how to put the monthly osap payments on a credit card to build credit score?

BLESS YOUR SOUL

This was a great video. Well done!!

Thank you so much! My gf is in the same situation as you in the video (with different cost). This helps a lot.

What did you study?

i havent graduated but im taking a two year break...i just cant do online school. But i wanna start paying it off now

Thanks for the video!Do they deposit the Osap money into your personal Bank account or do they pay the school directly?

Thanks for the video!! I would like to know how the loan is divided into federal and provincial part ? Is there a general ratio?

I’m still a grade 12 student and not in uni yet! But I was curious how Osap worked :) thanks for this helpful video

Hi brother.. nice video .. one question. Does credit score matters to get the load ?? Does it make any difference??

From Alberta, graduated yay! This is good to watch. You are informative

Thanks for the helpful tips!
Q: I work fulltime on a minimum wage and I am single. I tried to enrol and I just got approved of 10k loan and NO Grant. Is that normal?

And is it better to have a full time job or cashjob, when trying to maximize Grant that you can have.
Thanks!

Can you make another video how to pay ossap at once using online banking

very helpful. thank you.

Is osap for Canadians only, can international students use osap

graduated trent in 2015 and im heading back to school for Seneca in september

you can predict prime rates going up or down depending on inflation

if you use stop losses to trade and make sure you dont lose profits and you CAN ALWAYS beat a loan interest % but this guy has a very good plan too and explains how its different for different people

buy BTC below 19k USD and sell above 40k USD lol

Great video! Thank you for pointing out making a choice suitable for your mental health.

This is a great informative video!

Mine says in collections how to find the full repayment amount

Keep it up, bud!

hahaha, I owe a whopping $19,925.93 just for 1 year of school, oh how I love "school" 😢😭 so far I've only paid $188.75 😂.

Just to let you know, I was young when I went to school in Ontario. I then had two children and was raising both kids on my own. OSAP wanted the money back, but I could not afford to pay my rent, food for my family, and return my student loans, Monthly payments are calculated so that all student loans MUST be paid back between 20-25 years. However, if it takes you LONGER to pay that amount because you start a family, your spouse gets sick, you have to care for your parents, or whatever, you will be BANNED FROM EVER getting OSAP again. That means no Masters Degree, No PHD ever! Vote for a party that wants to do away or reduce tuition fees!

Awesome video 🤑 Appreciate your explanation and in my rant free money is never free.

Nice video ❤ thank you

Mines says 0 even though it has been a year since I graduated. I even contacted OSAP and NSLSC and they said I’m good to go 😅

You can in fact pay towards the federal or the provincial portion of your loan, but you need to talk to NSLSC directly and send them a cheque with a memo. You can talk to an agent at the NSLSC about it