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Financial Aid

New Ontario Tuition Grant
As of January 2012, the Ontario government has introduced a new tuition grant to help offset tuition costs for dependent, full-time undergraduate students in Ontario. Click here for more info!

The primary focus of Saint Paul University's Financial Aid service is to provide students with financial counselling and financial aid on a timely and fair basis. Our goal is to facilitate access to post-secondary education and to assist students with the sound management of their financial resources.

As student service providers we

• administer the OSAP program and its various components, such as Excellence Scholarships, the Bursary for Students with Disabilities, and Canada Study Grants and Part-time Canada Student Loans, among others;

The online full-time application automatically considers you for the following OSAP programs:

• Canada-Ontario Integrated Student Loan
• Ontario Student Opportunity Grant
• Queen Elizabeth II Aiming for the Top Scholarship
• Ontario Access Grant
• Ontario Access Grant for Crown Wards
• Canada Student Grant for Persons with Dependents
• Canada Student Grant for Persons from Middle-Income Families
• Canada Student Grant for Persons from Low-Income Families
• Canada Student Grant for Persons with Permanent Disabilities
• Transition Grant
• Ontario Distance Grants – Travel or Commuting
• Textbook and Technology Grant

• distribute all other provinces' governmental loans and grants;

• manage, among other things, Saint Paul University Financial Aid Bursaries for Graduates and Undergraduates.

Government loans may not cover the full cost of tuition.

A student may only apply from the province of residence in which he or she has most recently lived for at least 12 consecutive months, excluding time spent as a full-time student at a post-secondary institution.

A loan application must be submitted for each academic year you attend. Student loan applications are produced by your provincial loan office and usually become available each year at the end of April. Applications are also available online on your provincial student loan program website, and are typically the preferred method of applying. Paper applications have, in some cases, been eliminated.

You may submit a loan application prior to receiving your acceptance letter from Saint Paul University’s admission office. Submit your application as early as possible (before mid-June) to ensure that your loan will be available the first week of classes. Processing times may vary and can take eight to 10 weeks.

You may obtain student loan information from your provincial loan office or by contacting an admissions and student services officer.

Additional loans

Private loans may be available through participating financial institutions. Please contact your financial institution for additional details.

OSAP Requirements and Compliance

Active student participation and satisfactory scholastic progress policy

All students receiving OSAP or other provincial loans are required to adhere to applicable OSAP regulations and conditions, including active participation and satisfactory scholastic progress to the full extent of SPU's satisfactory academic progress requirements. Students will be disqualified from eligibility for OSAP or government loans and withdrawn from loan arrangements if they fail to meet the requirement of full-time status (a course load of 60 percent or more at the undergraduate level). Graduate students must have full-time status regardless of their course load.

Students who are absent for 5 consecutive days of scheduled classes without a valid and documented reason will be withdrawn from their program.

Withdrawal from OSAP eligibility is automatic and does not require written notification.

In addition, all students receiving OSAP must achieve satisfactory scholastic progress at their institution (a minimum passing grade in each course) while maintaining all of the conditions stated above. Students not meeting the scholastic progress requirement will be subject to the following consequences and remedies, as required by the Ministry of Training, Colleges and Universities:

*CSG = Canada Study Grant

Important information on student loans

Saint Paul University complies fully with the performance requirements for the administration of the Ontario Student Assistance Program (OSAP) by Public Schools as set out by the Ministry of Training, Colleges and Universities (MTCU), to ensure proper administration of public funds and the prevention of program abuse and fraud.

Negotiation of student government loans

1. Pick up a loan/grant certificate from Admissions and Student Services room 154. You must present your SIN card and government-issued photo ID to negotiate your loan.

2. A financial aid agent as well as the student will sign the loan/grant certificate for the loan to be negotiated.

3. Take the loan/grant certificate to a designated postal outlet or agency approved to process your loan within 30 days of signing it. Outlets are listed on the Canada Student Loans website.

4. If loan documents have not arrived by the first day of class, the student can complete a Schedule 2 form to maintain interest-free status.

Deadline dates

Visit the OSAP website to find information regarding:

Other deadline dates: