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Part-Time Funding

Students enrolled in a 20%  59% course load may be eligible for part-time funding for educational costs through the Ontario Student Assistance Program (OSAP). Eligible students may apply for funding on a term-by-term basis by following the step-by-step application process

Eligibility Requirements

To be eligible for funding through the part-time OSAP program, you must meet the criteria below as well as certain residency and income requirements specified on the OSAP website:

  • Registered in an OSAP-approved degree program.
  • Previous OSAP loans must be in good standing (i.e. you have not defaulted on a student loan and/or you are not restricted from participating in financial aid programs).
  • You have maintained satisfactory academic progression requirements while receiving prior government financial aid.

Application Process

Course Load Changes

Any changes to the number of courses you are taking after you have submitted your part-time loan documents will require that your application be cancelled and resubmitted with the correct course load and fee information. This will cause a delay in the release of your loan certificates. Ensure you notify the Financial Aid Office immediately if you change your course load after submitting your OSAP application for part-time students.

Academic Progress Requirements

To remain eligible for future part-time OSAP funding, you must successfully complete all courses funded through part-time OSAP with a D grade (1.00 Laurier grade point) or higher. If you do not successfully complete your funded courses in a term, you must self-fund for one part-time term before being eligible for further part-time OSAP funding. 

Paying Laurier Fees

Part-time funding can take several weeks to release and may be released in multiple instalments throughout the term. We recommend paying your school fees to Laurier by your original invoice due date because the available funding may not cover your full invoice balance and will likely arrive after the end of the first month of classes making it ineligible for late payment fee reversal. If payment is not received by the invoice due date, late payment fees and financial holds may be placed on your student account.

Maximum OSAP Loan

Your outstanding Part-time Canada Student Loan balance cannot exceed $10,000 at any time. Once you have received this maximum amount, no further loan funding will be available.