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Decreasing the amount of OSAP you owe Options
mehta85
#1 Posted : Sunday, October 16, 2011 3:26:36 PM
Rank: Frosh


Joined: 10/16/2011
Posts: 1
Hi,
I have a quick question in response to some information regarding OSAP. I am currently paying back the amount that OSAP had given me as I have graduated a little over a year ago now.
I am currently not working in the field that I had studied for (Human Resources Management) but a fellow employee had told me that I can contact OSAP and get the total amount I owe back decreased since I haven't found a position in my field yet.
I am trying to search online to see if this is true but I also took it with a grain of salt since this is the first time of heard of this.
If anyone knows anything about this can you get back to me with more information.

Thank you.
ktel
#2 Posted : Monday, October 17, 2011 12:36:24 PM
Rank: Student Body President


Joined: 6/3/2011
Posts: 2,118
I sincerely doubt that's the case. Sounds far fetched to me.
ARMY101
#3 Posted : Monday, October 17, 2011 3:37:53 PM
Rank: Student Body President




Joined: 12/20/2010
Posts: 1,572
No, that's not true. They gave you a loan. They didn't guarantee you'd find a job with that loan.
Emlily
#4 Posted : Friday, October 21, 2011 2:28:34 PM
Rank: Frosh




Joined: 1/13/2011
Posts: 44
Actually, OSAP does have aprogram where they can (under some circumstances) decrease the amount you need to pay back. Go to your former university's financial aid office and ask them about it. They should have a form for it and can instruct you about the procedure to take.
University of Ottawa: International Economics and Development (Third Year with Co-op)
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ARMY101
#5 Posted : Friday, October 21, 2011 11:06:51 PM
Rank: Student Body President




Joined: 12/20/2010
Posts: 1,572
Emlily wrote:
Actually, OSAP does have aprogram where they can (under some circumstances) decrease the amount you need to pay back. Go to your former university's financial aid office and ask them about it. They should have a form for it and can instruct you about the procedure to take.


Yes, that program is for low-income students struggling to make the minimum monthly payments. Nothing like what the OP asked about.
KaituoKid
#6 Posted : Monday, February 27, 2012 2:49:03 AM
Rank: Frosh




Joined: 12/3/2010
Posts: 22
ARMY101 wrote:
Emlily wrote:
Actually, OSAP does have aprogram where they can (under some circumstances) decrease the amount you need to pay back. Go to your former university's financial aid office and ask them about it. They should have a form for it and can instruct you about the procedure to take.


Yes, that program is for low-income students struggling to make the minimum monthly payments. Nothing like what the OP asked about.


I'm pretty sure "unemployed" passes as "low-income"
ARMY101
#7 Posted : Monday, February 27, 2012 9:30:12 AM
Rank: Student Body President




Joined: 12/20/2010
Posts: 1,572
KaituoKid wrote:
ARMY101 wrote:
Emlily wrote:
Actually, OSAP does have aprogram where they can (under some circumstances) decrease the amount you need to pay back. Go to your former university's financial aid office and ask them about it. They should have a form for it and can instruct you about the procedure to take.


Yes, that program is for low-income students struggling to make the minimum monthly payments. Nothing like what the OP asked about.


I'm pretty sure "unemployed" passes as "low-income"

Being unemployed is his fault. Why should I (the taxpayer) pay for that?
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