Ontario Student Assistance Program (OSAP)

Total Financial Need

OSAP is a needs-based program. This means that your financial aid is based on a formula that compares your educational costs to expected contributions from your parents/spouse (if applicable) and your own income and assets.

Allowable Educational Costs & Allowances
Expected Financial Contribution
Calculated Financial Need
  • Tuition and compulsory fees
  • Books and supplies
  • Equipment
  • Computer
  • Personal living expenses
  • Child care
  • Transportation
  • Student income
  • Student assets
  • Parental income (if applicable)
  • Spousal income (if applicable)
  • Spousal assets (if applicable)