The Ontario Student Assistance Program (OSAP) has been overpaying students, and it wants the money back. According to a Toronto Star investigation released on April 1, the student loan program has handed out over $700 million in overpayments since 2009. According to OSAP’s website, an overpayment is when a student has received more in loans than they are entitled to. […]
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Last week, the Toronto Star reported the results of its investigation that showed the Ontario Student Assistance Program (OSAP) has overpaid students by more than $700 million. I am one of the students who received more money than I should have. My heart sank last summer when I received my overpayment letter and its order that I repay funds — […]
RyersonianTV: April 1, 2016 : OSAP Mishap Coverage, Ryersonian’s #thesoylentproject Updates, and Polar Vortex Coming Up
RyersonianTV is a newscast produced by the School of Journalism’s masthead class. Watch us live, Wednesday to Friday, at noon EST.
The Ontario government took a step toward easing student debt in a decision last month to scrap late-payment fees and accumulated interest for college and university students. Beginning in the 2014-2015 school year, students no longer have to pay a deferral fee, late-payment fees or interest rates while they wait for their loans. But the decision comes too late for […]
The organizers of the Pan Am Games are so desperate for volunteers they’ve resorted to exploiting student debt to recruit for unpaid help. As the cost of the games continues to rise, the committee has decided to fork out $1.9-million for their volunteer program. Who knew it would cost so much for free help? Speaking of free help, here’s something […]
The Ministry of Training, Colleges and Universities will introduce policies to align tuition payment deadlines with the Ontario Student Assistance Program’s disbursement date in 2014-15 to eliminate late fees. “This (policy) would give more time for students to pay, and better align the deadlines for tuition payment with the OSAP funding release dates,” said Gyula Kovacs, OSAP’s senior media relations […]
Ryerson credit and collections services has been charging students late fees, apparently unaware that OSAP funding was late to arrive. “We weren’t even aware that there was any tardiness in the remittance of OSAP to our students,” said Ryerson’s credit and collections services manager Doug Furchner in an email. Gyula Kovacs, the senior media relations and issues coordinator for the […]
For the second consecutive year, four words have been sending Ryerson students into anxious fits. “School must confirm enrolment.” Those are the words that appear on one’s personal Ontario Student Assistance Program (OSAP) homepage when they have filed all their required paperwork, but still require confirmation from a post-secondary school that they are, in fact, a student. And for the […]