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Important Changes to the Ontario Student Assistance Program

With the government's educational reforms taking effect this year there are some major changes to the Ontario Student Assistance Program that anyone interested in a post-secondary education should be aware of. For the first time in Canadian history OSAP now offers citizens without $50,000 of family income or an existing post-secondary degree, assistance up to and beyond, total tuition coverage for an eligible institution. provided that they don’t already possess a post-secondary degree.


The use of “citizen” (although there are also allowances for permanent residents and protected persons) instead of “student” is important, as this offer applies to "mature students" as well, there are no requirements that an applicant currently be a student.  “Eligibility for the new program will not depend on the numbers of years out of high-school or program level” assures Sean Greson issues manager for the Ministry of Advanced Education and Skills development. In addition to this, assistance to applicants with children are more accommodating; Childcare costs factored into assistance.


If you are interested in learning more, follow the link to the general information website and OSAP calculator here: https://www.ontario.ca/page/osap-ontario-student-assistance-program?_ga=1.209252434.1951252719.1489095943

Frequently Unused Tax Credits and Deductions
Sale of Principle Residence


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Thursday, 11 August 2022