Many students count on government financial assistance to pay for their studies. Applying for government financial assistance could be to your advantage because being approved for this assistance is one of the eligibility criteria for some bursaries. In addition, the loans can remain interest free while you’re a full-time student and you aren’t required to make any payments on them as long as you’re a full-time student in an approved postsecondary program.
If you’re a Canadian citizen, a permanent resident or a protected person living in Ontario, you may be able to apply for financial assistance through the Ontario Student Assistance Program (OSAP).
Residents outside Ontario
If you’re a Canadian citizen, a permanent resident or a protected person living in a province or territory outside Ontario, check the financial aid programs of your province or territory of residence. You may qualify for assistance even if you move to Ontario to study.
If you’re an American citizen studying full time at the University of Ottawa, you may be able to apply for student loans through the William D. Ford Federal Direct Loan Program.
The Financial Aid and Awards Service doesn’t offer access to loan programs for international students who don’t fall into an eligible citizenship category. However, this doesn’t mean there aren’t loan options available to you in your home country. It’s worth checking with your government representatives to find out if there are any options you can benefit from.