Financial need

OSAP is a needs-based program. This means that financial aid for full-time students is based on a formula that compares your education cu_event_costs with expected financial contributions. The formula is: OSAP allowable educational cu_event_costs & allowances MINUS Expected Financial Contribution = Financial Need OSAP allowable educational cu_event_costs & allowances 

• tuition and compulsory fees
• books and supplies
• equipment
• computer
• personal living expenses
• child care
• transportation

Expected Financial Contribution

• student income
• student assets
• parental or spousal income
  (if applicable)
• spousal assets
  (if applicable)

Source: OSAP definitions