Need to repay OSAP?

Be sure to consult the OSAP website if you have questions about when and how to pay back your OSAP loan.

There is a six-month grace period after your last confirmed study period ends. During your six-month grace period:

  • no interest is charged on the Ontario portion of your loans
  • interest is charged on the Canada portion of your loans
  • no payments are required

Your study period is confirmed if your application for one of the following programs is approved and U of T confirms your enrolment:

  • OSAP for Full-Time Students, or
  • Continuation of Interest-Free Status

Learn more.

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