Exemption threshold for study period income ($5,600 per term)

2022-23 OSAP Application for Full-time Students

This threshold applies if you are earning or receiving more than $5,600 per term during your study period (including income from employment, Teaching or Research Assistantships, child support and/or spousal support, rental income, investment income including interest and dividends, support provided through the Wage Earner Protection Program). Your OSAP assessment will take into account any amount of income you earn or receive over $5,600 per term when calculating the amount of OSAP funding you are eligible to receive.