OSAP: Objective and Purpose of Student Loans

The objective of student financial assistance is to help students from lower and middle income families meet the costs of postsecondary education. The intention is to promote equality of opportunity for postsecondary studies by providing financial assistance for educational costs and basic living expenses. You (and your family, if applicable) are responsible for meeting the basic costs of your post-secondary education.

The purpose is to supplement, not to replace, the financial resources that you (and your family, if applicable) are expected to contribute.

Assistance is based on:

financial need as established by the federal and/or provincial governments and as determined by the Ontario Student Assistance Program (OSAP) through an assessment of your application.

Educational costs (such as tuition fees, books and supplies, basic living expenses) and the resources that you (and your family, if applicable) are expected to contribute are taken into consideration.

It is not the purpose of student financial assistance to supply all the assistance you may need to meet your educational and living costs.

As the amount of assistance you are entitled to receive is based on the information you provide, it is essential that you promptly notify the ministry or your financial aid office of any change to your financial, academic, family, and/or study period status.

The Great Lakes International Marine Training Centre at Georgian College is an eligible institution for students applying to the Ontario Student Assistance Program or any other home province student loan program.

Dates and Deadlines:

You must apply to OSAP no less than 6 weeks prior to the start of school. To be eligible for certain awards and bursaries there are specific deadlines required by OSAP.

Please see the OSAP website for details on scholarship and bursary deadlines:
OSAP Grants, Bursaries and Scholarships.

To apply to OSAP, click here.

To speak to a Financial Aid Officer, in Owen Sound, call: 519-376-0840 ext. 2057

For more information see the Georgian College Financial Aid web site.