Based on my parents income, will I qualify for OSAP?
Maybe. Parental income is only one factor used to determine a student’s eligibility. If you are a single, dependent student, your parents may be expected to contribute a portion of their annual income toward your educational expenses. The amount they are expected to contribute is calculated based on the number of people in your family and the Gross Income of your parents. The calculated amount is used to offset your costs for the year. Therefore, if your parents' expected contribution exceeds your estimated costs for the school year, you will not be eligible for a student loan.
Last update: 2007-06-25 13:29