OK, thanks a lot for your info -studyroad(road of study) @卡尔加里华人论坛:卡尔加里枫下论坛 The Rolia Forum of Calgary

OK, thanks a lot for your info

studyroad(road of study)

But I don't understand the meaning of No. '2' yet. Since as you said, the gov't has considered a student's financial situation as a whole, how does it distinguish the different parts and then designate the specific No.?

I think there might be a standard value in each aspect of your financial need. If the sum of your loan and all your other funds surpassed all your expenses related to study, including tuition and rent, the surplus will be compared with those standard values and it can not exceed the sum of any 3 standard values. I guess the NO. perhaps be made in this way.

At last, could you please tell me when will be the proper time to apply for the loan? Before or after the beginning of the 1st term? Thanks.

(#432563@0)
Last Updated: 2002-4-2
This post has been archived. It cannot be replied.

It really depends on how much you can make this year before the study. The principle of OSAP is that your earning and deposit could not cover your tuition and living expenise -jkmazy(Jack思念大闸蟹); 2002-3-31 (#429061@0)

OK, thank you very mcuh. I just do a part-time job and my income is really little. I don't think my money will cover my tuition and expenses. -studyroad(road of study); 2002-3-31 {256} (#429079@0)
另外，
1、如果在安省连续住满12个月后，再回国一段，直到回来上学，是否算上学前连续住满12个月；或者中间回国一段，但上学前总计在安省的时间是12个月以上，是否符合要求？

2、如果落地后一直居住在安省，而所要上的学校在别的省份，是否还有资格申请安省贷款？

谢谢

Sorry, no idea about this. Help you up it. -jkmazy(Jack思念大闸蟹); 2002-4-1 (#429276@0)

1.no problem 2.sure -dreamlei(没什么事); 2002-4-1 (#430415@0)

First of all, you fill up how much you have in the bank account. And most likely gov't won't check it. e.g. In my first year, I have $5000 bucks in my bank account, first year scholarship = $10500. -jeffrey815(Smartiecat); 2002-4-1 {633} (#429373@0)

OSAP still gave me 4400 loan for the first semester, because
1. I said I have no scholarship
2. I said I have no money in the bank.
3. I'm living outside of my home and paying rent.

oh well, all 3 of them aren't true.. But I did get the loan.

By OSAP, you can have 2 overpayment. But if you have more than two overpayments, they won't ever loan you again.

So later on they found out (about my scholarship and income tax return, but not my bank savings) and gave me assessment and saying that they can only give me $0 which means loaned me 4400, but I don't really care anymore since I have coop and don't need osap.

Then why did you lie to get OSAP when you acturally did not need it? -roo(baloon); 2002-4-1 (#429435@0)

free loan, why not? I can save it and earn interest... (but in fact, lost most of it in the stock market during 9.11 :( ) -jeffrey815(Smartiecat); 2002-4-1 (#430018@0)

再冒着被老板干调的危险发一贴, 加肥校友: 有很多人真的很需要OSAP, 您伟大一个, 放后来的同学们一条路吧, 多嘴一句, 希望您会考虑 -slimpiggy(瘦猪犹如插翅虎); 2002-4-1 (#430029@0)

第一学期后就不申请了，因为我知道有coop申请不到。 -jeffrey815(Smartiecat); 2002-4-1 (#430120@0)

yeah, I was denied repeatedly -slimpiggy(瘦猪犹如插翅虎); 2002-4-1 (#430125@0)

DG, 这么做也太危险了吧？ -studyroad(road of study); 2002-4-1 {246} (#430468@0)
1、3对我自然都是真的；不过要说自己银行里一点存款都没有，怎么让人信啊？万一要查出来可不全毁了？再者你说自己什么都没有，最后怎么才贷了4400？真要那么困难，我想你能贷到一万！最后，您的贷款都是省的吗？不知联邦贷款和省贷款怎么个关系？不知对错，请指正。

差不多，第一学期贷了4400，一年就是8800，差不多10000。 -jeffrey815(Smartiecat); 2002-4-1 (#430653@0)
唉，我就不相信政府真是去查，好好想一想，政府去查一个银行户口并不容易（加拿大的银行机构很多，它又不知道你在哪间有户口，再说，银行也不是让你政府想查就查的）。那么多麻烦，政府不会因为这点小事去查你。 -jeffrey815(Smartiecat); 2002-4-1 (#430665@0)

放后来的同学们一条路吧 -slimpiggy(瘦猪犹如插翅虎); 2002-4-1 (#430673@0)

lol..... -jeffrey815(Smartiecat); 2002-4-1 (#430694@0)
你知不知道，我原来也是要读会计的。在你眼里，你肯定说，好采你没读。 -jeffrey815(Smartiecat); 2002-4-1 (#430698@0)

好采你没读 -slimpiggy(瘦猪犹如插翅虎); 2002-4-1 (#430730@0)

some thoughts -mssg(mssg); 2002-4-1 {543} (#430691@0)
1. OSAP checks four or five biggest banks in Canada using your SIN number. the result should come back within one day or two through computer transactions.

2. OSAP keeps a very long blacklist, and it shares with other government agency as well.

Don't be too smart. you can keep money or integrity, not both in this case.
Once you lose your creditability, you will find it very hard to earn back.

You may be able to take advantage of the system once or twice, but you will never know when and how the system will come back get you.

My though -jeffrey815(Smartiecat); 2002-4-1 {1510} (#430718@0)
本文发表在 rolia.net 枫下论坛1.
If you work for OSAP, I have nothing to say.

But if you are guessing, theoratically osap will not likely to check your bank account since why would they just check the big 4 or 5 but not the small one? People can get around this thing so easily. OSAP knows that and they are not stupid. Second, bank doesn't simply give away this information, including gov't. Banks protect our privacy.

So OSAP is operating in a mannar of trust. They trust what you wrote down on the paper. The only source where OSAP is able to find out is from your income tax which they have direct access to. In my re-assessment, it clearly stated that they found out the information is incorrect from my income tax, not my bank account.

2.

If you have over two overpayment (UW financial officer told me that), OSAP does put you into blacklist. However, this won't affect your credit history. Unable to make the repayment on time will certainly do affect your credit history. But overpayment to you won't. If they want to share this list with other gov't agencies, let it share. Since after schooling, I won't deal with other gov't agencies for money anymore. I only deal with banks and private financial institution and credit buerau.

But as I said before, make sure you don't get the 3rd overpayment since you may want OSAP again if you are doing Master. So I don't suggest you go on the blacklist.

Taking the advantage of the system is good if you know what you are doing and able to work around it.更多精彩文章及讨论，请光临枫下论坛 rolia.net

Again, Don't be too smart. -mssg(mssg); 2002-4-1 {308} (#430742@0)
1. I am not guessing.

2. I don't think you will know things in advance since you are still in school. The worse is yet to come for people being too smart.

3. The system will disappear if everyone thinks the same way as you do.

4. I hope most people will choose to keep the integrity, not the money.

Thought -jeffrey815(Smartiecat); 2002-4-1 {187} (#430747@0)
em... If I told you that while I'm in school, TD Bank gave me a VISA Gold Select credit card and Citibank gave me a Plantium Mastercard.

Does that prove I have a good credit history?
System won't disappear, since we have to pay the loan back. In fact, you should judge those who declare bankrupcy after school and get away from repayment. I intend to pay it back as soon as I graduate. -jeffrey815(Smartiecat); 2002-4-1 (#430748@0)
Never mind. AOE TIME! -jeffrey815(Smartiecat); 2002-4-1 (#430749@0)
my point -amail(乌龙tea); 2002-4-1 {294} (#430758@0)
this's always a sensitive topic in rolia, and rolia does always want to keep it's "integrity" in public, my point's " do we all have the right to know how exacty the org runs?"
people will choose what's the next step after he understands how everything's working, and the consequence.

You want to balance the risk and benefit. My point is "Don't be too smart" -mssg(mssg); 2002-4-1 (#430760@0)

不好意思，再请问一下这里说的overpayment指的是什么？ -studyroad(road of study); 2002-4-2 {200} (#432489@0)
是指银行的贷款给多了是吗？不过那是怎样来衡量超过哪项、没超过哪项的呢？这三项好象就是奖学金、存款、房租，2 overpayment就是指贷款总额超过上述3项里的两项是吗？这样理解好象有问题，到底是什么意思呢？谢谢。

Detailed -jeffrey815(Smartiecat); 2002-4-2 {697} (#432504@0)
When OSAP agree to give you a loan, they would give you the loan now but keep re-assessing your financial situation in the future. For example, OSAP paid me 4400. But at year end, they had my income information on hand and did a reassessment on my financial need. And found out that I was eligible for $0. So they over-payed me 4400. This is called overpayment.

OSAP assess your whole financial situation as a whole. So they take into consideration of your income, scholarship income, rent, tutition, etc... They don't break it down into detail.

OSAP normally allowed 2 overpayments. And dump you into a black list in the third one. That's what the financial officer in my school told me.

OK, thanks a lot for your info -studyroad(road of study); 2002-4-2 {739} (#432563@0)
But I don't understand the meaning of No. '2' yet. Since as you said, the gov't has considered a student's financial situation as a whole, how does it distinguish the different parts and then designate the specific No.?

I think there might be a standard value in each aspect of your financial need. If the sum of your loan and all your other funds surpassed all your expenses related to study, including tuition and rent, the surplus will be compared with those standard values and it can not exceed the sum of any 3 standard values. I guess the NO. perhaps be made in this way.

At last, could you please tell me when will be the proper time to apply for the loan? Before or after the beginning of the 1st term? Thanks.

Where did you get those "NO." from? I made them up as "1, 2, 3". But there are no such number. -jeffrey815(Smartiecat); 2002-4-2 {119} (#432616@0)
Yes, you are right at what you said.

I applied it before my first term so I would have it ready when paying tuition.

The NO. is indicated to the amount of overpayments you mentioned. -studyroad(road of study); 2002-4-2 {93} (#432644@0)
BTW, which month did you submit your application in? And how long did you wait for the loan?

Sorry. I couldn't remember which month I submitted and how long I waited. It was 16months ago. -jeffrey815(Smartiecat); 2002-4-2 (#432655@0)

@Calgary

OK, thanks a lot for your info

Replies, comments and Discussions:

More Topics