Assets for OSAP

Financial assets to be reported on your OSAP application include:

• savings accounts
• tax-free savings accounts
• provincial savings bonds and Canada Savings Bonds
• corporate bonds, stocks, term deposits
• GICs, treasury bills and mutual funds

Do not report assets or savings from the following sources:

• value of your vehicle(s)
• money your parents or spouse transferred to you as their financial contribution to your studies
• Total Value of Registered Education Savings Plans (RESPs) and/or scholarship trust funds
• Registered Disability Saving Plans (RDSPs)
• the value of your principal residence and any other owned real estate
• clothing, furniture or personal belongings
• non-economic loss and/or pain and suffering awards
• savings through the Ontario Child Benefit Equivalent program