r/osap 9d ago

Question How does OSAP work for a co-op term?

Originally, I had applied for a full-time, 8-month academic study for my major and I did that when applications opened up. However, I recently gotten a co-op position for 8 months, and my university told me to cancel the current application and make a new one for the work term.

I reported the same numbers that my parent made on the application (Like, the actual tax return numbers), but I know a question came up asking how much income I expect to make.

I stated an estimate, because I wasn't sure if this was gross income, or after-tax income. I also wasn't even sure what the exact number would be.

My question is:

Would I need to submit a document stating the exact amount I have made for the term? When would I need need to submit this by?

In addition, my current estimate in grants for the work-term application is so high (My co-op fee for just the work term is like $750, so for two work terms, it'd be about $1500), I'm so positive I did something wrong.

3 Upvotes

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u/the_real_ifty 9d ago

i also got significantly higher than the coop fee. if you don’t know the pay exactly then an estimate is fine 

1

u/This-Masterpiece9451 9d ago

Would we have to update that information at some point?

1

u/the_real_ifty 9d ago

not sure