OSAP Receiving Your Funding and Your Responsibilities

Receiving your Funding

If you have applied for Full-time OSAP

Funding is typically released in two installments. Generally, you would receive your first installment in the first week of September (for the fall term) and your second installment in the first week of January (for the winter term).

If you apply after your study period has begun, your funding will be released as soon as your application has processed.

Confirmation of Enrollment

Before your funding can be released each term, the Awards Office must confirm your enrollment at Carleton with OSAP. This is typically done a few days prior to your funding release date each term.

• If you have not submitted all required documents or are not registered in the appropriate course load, your OSAP will be placed on hold and your enrollment will not be confirmed.

You should regularly check your Carleton email account for messages from the Awards Office regarding your OSAP application.

If you have applied for Part-time OSAP

Part-time OSAP funding is generally released in one large installment at the beginning of the fall term, although a small portion of your grant funding may be held until the beginning of your second term.

Confirmation of Enrollment

Before your funding can be released each term, the Awards Office must confirm your enrollment at Carleton with OSAP. This is typically done a few days prior to your funding release date each term.

• If you have not submitted all required documents or are not registered in the appropriate course load, your OSAP will be placed on hold and your enrollment will not be confirmed.

You should regularly check your Carleton email account for messages from the Awards Office regarding your OSAP application.

Paying your Fees with OSAP

OSAP funding is automatically applied to your Carleton Student Account to pay down any tuition and fees that you owe. If there is any funding remaining after your tuition and fees are paid, then it will be deposited directly into your bank account.

Deferral Date

Your payment due date can also be extended so that it aligns with when your OSAP is released. This is called a payment deferral. You must be approved for OSAP funding to receive a payment deferral. This means:

• you must submit your application and have it approved before the standard payment due dates.
  • August 25 for the fall term.
  • November 25 for the winter term.
• If you’re applying for Summer OSAP, then the standard payment date is April 25.

If you meet all of the conditions for a payment deferral, then your fee payment will be automatically deferred. You can log into Carleton Central to see if you have been approved for the payment deferral.

• You can find this information under Registration > Calculate Amount To Pay. It will be at the top of the page.

For more information about the conditions required to receive the payment deferral, visit the Student Accounts Fee Payment page and scroll down to the OSAP section.

If your OSAP application is on hold or you have not been approved for funding before the fee payment deadline, you will not receive a deferral and will be expected to meet the standard fee payment deadline.

Your Responsibilities

Report Changes to Your Application

Notify the Awards & Financial Aid Office immediately if:

• You reduce your course load
• You change your program of study
• You withdraw from your program
• You or your family’s financial information changes
• Your income changes during the study period
• Your marital status changes
• You decide to attend a different post secondary institution
• You do not want your student loan funding

Meet OSAP’s Minimum Academic Requirements

While you are receiving funding from the Ministry, you have a responsibility to maintain satisfactory academic progress in your program of study.

Failure to meet this standard can result in you being placed on academic probation. This can impact your eligibility for future funding.

Keep Your Loans in Good Standing

If you are registered in full-time studies and will not be applying for, or receiving, government assistance you must inform the National Student Loan Service Centre (NSLSC) otherwise your previous loans will enter repayment sooner than you expect. You can notify the NSLSC by completing a Continuation of Interest-Free Status application, which can be found on the OSAP website. Instructions on how to apply can be found on the Government of Ontario website.