Other assets

2020-21 OSAP Application for Full-time Students

Report the total value of all other financial assets or savings from:

  • the savings portion in all bank accounts, including chequing accounts, tax-free savings accounts (TFSAs) and foreign bank accounts
  • Guaranteed Investment Certificates (GICs)
  • Canada Savings Bonds (CSBs), provincial savings bonds or corporate bonds
  • stocks
  • term deposits
  • treasury bills
  • mutual funds
  • trust funds (withdrawals/payments, interest or dividends)
  • awards/settlements for economic loss (past or future loss of income) or income replacement benefits or for punitive damages

Do not report the following assets or savings:

  • your vehicles
  • Registered Education Savings Plans (RESPs)
  • Registered Disability Savings Plans (RDSPs)
  • Registered Retirement Savings Plans (RRSPs) and other retirement accounts
  • the value of your principal residence and any other owned real estate
  • clothing, furniture or personal belongings
  • awards/settlements for non-economic loss and/or pain and suffering
  • savings through the Ontario Child Benefit Equivalent program