|Ontario Student Assistance Program (OSAP)|
Information and the online application procedure for the Ontario Student Assistance Program are available at osap.gov.on.ca.
It is not necessary to be accepted to a post-secondary institute to apply online. The advantage is increased processing speed and instant award assessment at the end of the application session.
Other information on financing education is at canlearn.ca.
OSAP/Canada Student Loan funding is released to the institute you are attending after commencement of studies. The institute is required to direct funds from a student loan towards program tuitions first. Any amount remaining would be remitted to the student as determined by the Financial Aid Office.
The 2009 Student Loan Default Rates for Harris Institute are:
Harris Institute - PEP (now APP) Default Rate: 6.7%
Harris Institute had 0% Student Loan Default Rates in 2006 and 2007
All Ontario post secondary Student Loan Default Rates by institution and program are click here.