How do I get OSAP if my parents make too much?

[Cajous]

Can I get a student loan if my parents make a lot of money Canada? If it's possible, how do I get it?

 

[Honeybear]

I will suggest you go ahead and apply to see how much you can get.

 

[Ciara]

Can I get a student loan if my parents make a lot of money Canada? If it's possible, how do I get it?

Usually, students whose parents make more than $140,000 in Ontario are not eligible for student loan and other provinces in Canada also don't offer student loans to students whose parents make more than a specific amount of money.

 

[Ciara]

How much do your parent make annually?

 

[Cajous]

How much do your parent make annually?

100k annually in gross income

 

[Ciara]

100k annually in gross income

Then you should be eligible for OSAP.

 

[Breacche]

Usually, students whose parents make more than $140,000 in Ontario are not eligible for student loan and other provinces in Canada also don't offer student loans to students whose parents make more than a specific amount of money.

Is the $140,000 in gross or net income?

 

[Zain]

Can I get a student loan if my parents make a lot of money Canada? If it's possible, how do I get it?

OSAP also look at the amount of income you earn or receive each term to determine how much you are eligible to receive. All your income mustn't exceed $5,600 per term.

 

[Ciara]

Is the $140,000 in gross or net income?

It's gross income