I want to get OSAP & a Bank Student Loan. Would having one of them affect the other?
what i mean is that, would the bank lower the loan if they knew i had OSAP? Or would OSAP lower the loan if they knew i had a bank loan?
OSAP primarily depends on how much your parents make. You should apply and get that first, and if you need more money then get a loan from the bank or a line of credit. I don’t think the bank cares if you have OSAP as long as they think you’ll be able to repay the loan.
