New Method to Maintain Interest-free Status

The Ministry of Advanced Education and Skills Development has launched a new online Continuation of Interest-Free Status Application. Full-time students who have received full-time OSAP in the past and want to keep their OSAP interest-free without requesting more funding may now submit an online application by logging in to their account at: www.ontario.ca/osap.

To be eligible for interest-free status on previous loans, students must be registered in 60% of a full course load or greater in each term (if part-time) or have full-time status. Students with documented permanent disabilities are eligible with a course load of 40% or greater in each term.