OSAP Question? Returning to school…?
I was previously at college for 3 years in which I took out an OSAP loan. I worked full-time for 2 years in which I’ve been paying that loan back. This fall I’m going back to university and will be taking out another OSAP loan. Will the National Student Loans Centre know I am a full-time student again and not force me to make payments on the previous loan? Do I have to tell someone? Will they still continue to force me to make payments on the previous loan?
If you are attending school you do not have to make payments on your previous student loans. NSLSC is supposed to realize this when you submit your new OSAP application, but as you have probably come to realize after dealing with NSLSC for a couple of year, you should never assume that they will do anything.
Get a ‘continuation of interest free status form’ , fill it out and send it in. Although the form is supposed to be for student who are in school and not getting OSAP, they will accept it as notification that you will be stopping your payments. Once you have sent it in, call the NSLSC and confirm which month they will stop taking your payments.