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Am I charged interest on my OSAP loans during my study period?

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OSAP  Discussions
Public Space  ·  Financial Aid
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Posted in: Repayment

Am I charged interest on my OSAP loans during my study period?

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  • gerald.encabo
    Gerald Encabo
    2/23/2022

    Am I charged interest on my OSAP loans during my study period?

  • gerald.encabo
    Gerald Encabo
    2/23/2022
    Answered

    No. You are not charged interest on your OSAP loans during your full-time study period. However, you will be charged interest for the federal portion of your OSAP loans each day after your confirmed full-time OSAP or interest-free application study period ends. For example, if your OSAP or interest-free study period ended on April 1st. Interest will start being charged on April 2nd.

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