Quote:
Originally Posted by N.Cheng
If you're saying 'first payment' does that mean you chose the flex plan option? If so, I would suggest you use your OSAP to pay as much of the remaining tuition as possible to reduce the amount of interest you'll pay until January.
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But only if their financial situation allows for it. They may need that portion of OSAP for things such as rent, utilities, food, books. Or if they do use OSAP to pay for the rest of their tuition and need money for essentials, then they should look into student loans. Not sure what the interest rate on undergrad student loans are, but they may be better than the 14.4% McMaster is charging.