College and University Will Become More Accessible and Affordable
Changes to the Ontario Student Assistance program (OSAP) will make university and college more accessible and affordable for low and middle-income students.
Starting in the 2017-18 academic year, a single, targeted non-repayable Ontario Student Grant will replace a number of existing provincial assistant programs.
Changes to OSAP will make the average tuition free for more than 150,000 eligible low and middle-income students, and will also reduce the cost for others.
- Eligible students whose parents earn an annual income of $83,300 or less, will receive enough in grants to cover their tuition costs
- Eligible students whose parents earn less than $50,000 will see their provincial student load debt eliminated
- Eligible students won’t receive less non-repayable aid through this new grant than they currently do through the 30% Off Ontario Tuition Grant. (The 30% Off Ontario Tuition grant is for undergraduate students attending an Ontario public university, college, or private postsecondary school).
The Ontario Student Grant provides added support for full-time mature and married students, with eligibility no longer tied to the number of years a student has been out of high school.