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Rank: Frosh
Groups: Member
Joined: 3/7/2008
Posts: 23
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Hey I just finished applying for osap and i figured i'd get something because my dad is retired, therefore his income is low, and my mom works parttime, therefore her income is low, but they estimate that I will get $0 (i think it is because i have a scholarship and a lot saved up). I don't really care about getting nothing but I am concerned about the Queen Elizabeth II scholarship - will I still be considered for it? Do I mail in my signature pages, knowing I will get $0?
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Rank: Senior Student
Groups: Member
Joined: 3/4/2008
Posts: 140
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was there a section where we had to fill out how much money we saved up in our bank? b/c i don't remember seeing one...
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Rank: Frosh
Groups: Member
Joined: 3/7/2008
Posts: 23
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quester wrote:was there a section where we had to fill out how much money we saved up in our bank? b/c i don't remember seeing one... Yeah where you have to fill in 'assets' the word assets is a link to a definition that says something like 'all account balances at financial institutions' etc.
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Rank: Senior Student
Groups: Member
Joined: 3/4/2008
Posts: 140
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leafsbrechin wrote:quester wrote:was there a section where we had to fill out how much money we saved up in our bank? b/c i don't remember seeing one... Yeah where you have to fill in 'assets' the word assets is a link to a definition that says something like 'all account balances at financial institutions' etc. uh oh... should i transfer all my money to my parents' account and leave only $50...? seriously, is $50 considered as an asset? b/c i REALLY don't want to cancel and application and redo it.
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Rank: Senior Student
Groups: Member
Joined: 3/13/2008
Posts: 222
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I believe you can still get around 100 bucks or something like that.
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Rank: Senior Student
Groups: Member
Joined: 3/4/2008
Posts: 140
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Future Eng wrote:I believe you can still get around 100 bucks or something like that. so anything below $100 ish shouldn't be a big deal? if that's the case, i'm gonna transfer all of my money to my mom's account and leave only $100 in my account (for an emergency spending)...
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Rank: Student Body President
Groups: Member
Joined: 3/4/2008
Posts: 1,133
Location: Ottawa
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leafsbrechin wrote:Hey I just finished applying for osap and i figured i'd get something because my dad is retired, therefore his income is low, and my mom works parttime, therefore her income is low, but they estimate that I will get $0 (i think it is because i have a scholarship and a lot saved up). I don't really care about getting nothing but I am concerned about the Queen Elizabeth II scholarship - will I still be considered for it? Do I mail in my signature pages, knowing I will get $0? You can get $100 from QEII based on no financial need. And I believe the estimate they show you isn't always perfect, perhaps your $0 could change into a small loan.
 
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