ALL OF THE INFORMATION YOU NEED ABOUT NOTARIZATION DOCUMENTS IN ONE PLACE
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Helpful information about notarization documents
What is an OSAP Affidavit?
If you're applying for student financial aid through the Ontario Student Assistance Program (OSAP), you' might need to submit an Affidavit as part of your OSAP application. The specific details and requirements regarding this affidavit may vary based on individual circumstances and you'll surely want to avoid delays and secure your financial aid in the application process. Therefore, OSAP may require a notarized affidavit to confirm such things as your income, expenses or if you have dependent children to support. In general, an affidavit is a legal document that must be sworn and signed in the presence of a lawyer or paralegal in Ontario, a commissioner of oaths (who may or may not be a lawyer or paralegal , or a notary public. When preparing an affidavit, you are obligated to solemnly swear or affirm that the information contained within is accurate and truthful. This will ensure that your OSAP application process runs smoothly and avoids un-necessary complications.
What are the most common documents required to submit as part of your OSAP application?
It's important to note that OSAP requirements and forms can vary depending on individual circumstances, such as residency status, family income, and other factors. Some common documents that applicants may be required to submit as part of their OSAP application include:
1. Income Verification: This may include submitting financial
documents such as income tax returns, Notice of Assessment,
T4 slips, or other proof of income for the applicant and/or their
family.
2. Confirmation of Enrolment: This is a document provided by
the educational institution to verify that the applicant is
enrolled in an eligible program.
3. Consent Forms: These forms authorize OSAP to gather and
verify information from other government agencies,
educational institutions, and financial institutions.
4. Supporting Documents: Depending on the circumstances,
additional documents may be required, such as proof of
residency, proof of disability, or documents related to a
change in marital status.
It's also worth noting that these requirements may change over time, and there may be additional or updated affidavits introduced by OSAP, we recommend visiting the official OSAP website or contacting the OSAP office directly.

What are the most common types of OSAP Affidavits?
- OSAP Affidavit of Marital Status (Separated or Married)
- OSAP Affidavit of Common-Law Status
- OSAP Affidavits of Parental Income
- OSAP Affidavit of Sole Support Parent
- OSAP Affidavit of Spousal Income
- OSAP Affidavit of Student’s Foreign Income
- OSAP Affidavit of No Student Income
- OSAP Affidavit of Indigenous Identity
More Programs
- Repayment Assistance Plan (RAP): OSAP offers a Repayment Assistance Plan to help borrowers manage their loan repayment. This plan adjusts monthly loan payments based on the borrower's income and family size, making it more affordable and manageable. It provides flexibility for those who may be experiencing financial difficulties.
- Interest-Free Status: Borrowers who are facing financial hardship, returning to school, or experiencing other approved circumstances can apply for interest-free status. This allows them to temporarily pause their loan repayment without accumulating interest on their loans during the approved period.
- Second Career Program: OSAP provides financial assistance to individuals who have been laid off and are seeking retraining or education for a second career. The Second Career Program helps eligible individuals cover tuition, books, transportation, and living expenses while they pursue education or training that leads to better job prospects.
- Indigenous Student Bursary: A dedicated bursary for Indigenous students. The Indigenous Student Bursary provides additional financial assistance to help Indigenous students access and complete their post-secondary education. Eligibility criteria may vary, and it's important for Indigenous students to explore the specific supports available to them through OSAP.
- Course Load Requirements: Specific course load requirements for full-time and part-time students. To maintain eligibility for OSAP funding, full-time students typically need to take at least 60% of a full course load, while part-time students need to take 20-59% of a full course load. It's essential to be aware of these requirements to ensure continued eligibility for financial assistance.
- Academic Progress Requirements: Students must make satisfactory academic progress, as defined by their educational institution, to continue receiving OSAP assistance. Falling below the required academic standards can result in funding restrictions or loss of eligibility.
- Non-Repayable Grants: As part of its financial aid packages. These grants, such as the Ontario Student Grant (OSG), are based on financial need and do not need to be repaid. They can significantly reduce the amount of loan borrowing required by students.
Additional programs and initiatives related to financial aid and support in Ontario
Here's a brief explanation of each:
- One Year OSAP Grace Period for Entrepreneurs: This program provides an extended grace period of one year for entrepreneurs who have recently completed their studies and are starting a new business. During this grace period, the borrower is not required to make loan payments, allowing them to focus on establishing their business before beginning loan repayment.
- One-Year OSAP Grace Period for Not-for-Profit Employees: Similar to the grace period for entrepreneurs, this program offers a one-year grace period for individuals employed in eligible not-for-profit organizations. It provides temporary relief from loan repayment obligations, recognizing the unique circumstances and financial challenges faced by individuals working in the not-for-profit sector.
- Ontario First Generation Bursary: The Ontario First Generation Bursary is designed to support students who are the first in their family to attend post-secondary education. It provides additional financial assistance to help cover the costs of tuition, books, and other educational expenses. The bursary aims to remove financial barriers and support access to higher education for students whose parents or guardians did not attend college or university.
- Ontario Graduate Scholarship: The Ontario Graduate Scholarship (OGS) is a merit-based scholarship program that provides financial assistance to graduate students in Ontario. The OGS aims to attract highly qualified individuals to pursue their graduate studies in the province. The scholarship helps offset the cost of tuition and living expenses for eligible students.
- Ontario Student Loan Rehabilitation Program: The Ontario Student Loan Rehabilitation Program offers borrowers who are in default on their student loans an opportunity to rehabilitate their loans and restore their eligibility for financial assistance. By successfully completing the rehabilitation program, borrowers can regain access to financial aid and improve their loan repayment status.
These programs and initiatives provide specific financial support tailored to different groups and circumstances. They aim to address unique challenges, encourage entrepreneurship, support specific sectors, and promote accessibility and affordability in higher education. It's important to note that eligibility criteria, application processes, and program details may vary, so it's advisable to consult the official OSAP website or contact the OSAP office for the most up-to-date information on these programs.
FAQs
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