As you all may already know, OSAP release dates are divided into 2 - one in Sept. and one in Jan.
My question is, what happens to the money I receive in Jan. if I'm going to pay in full in Sept. ?

I can't really remember what happened last year...everything is a blur to me haha

Originally Posted by syan9184

As you all may already know, OSAP release dates are divided into 2 - one in Sept. and one in Jan.
My question is, what happens to the money I receive in Jan. if I'm going to pay in full in Sept. ?

I can't really remember what happened last year...everything is a blur to me haha

You provide your banking information which appears on your cheque and they'll direct deposit it.

From what I recall, the remaining 40% went to the school..not in my bank account.

Originally Posted by syan9184

From what I recall, the remaining 40% went to the school..not in my bank account.

If you pay in full then you don't owe money to the school in January so it goes into your bank account. You could have it go to your student account and get the school to send you a cheque for the balance in your account, but you're just delaying getting your money.

Originally Posted by jhan523

If you pay in full then you don't owe money to the school in January so it goes into your bank account. You could have it go to your student account and get the school to send you a cheque for the balance in your account, but you're just delaying getting your money.

Ah I see!
Thanks.