Georgian College

Afford More Financial Aid Booklet

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FIND YOUR SOURCES OF FUNDING Savings | Plan to save for school including possible contributions from family Student Lines of Credit | These are lines of credit offered by financial institutions specifically designed for students. www.canada.ca/en/financial- consumer-agency/services/loans/ student-lines-credit.html Employment | Plan to work while studying or during any break terms RESP | The Registered Education Savings Plan (RESP) is a tax-sheltered education savings account. www.canada.ca/en/services/benefits/ education/education-savings.html LLP | The Life Long Learning Program allows you to use money from your RRSPs without tax implications. www.canada.ca/en/revenue-agency/ services/tax/individuals/topics/rrsps- related-plans/lifelong-learning-plan. html External awards | Many companies and organizations offer awards to college-bound students. Search our website for a list. www.georgiancollege.ca/ finance-and-fees/awards/#external Find out how much you can get with the online OSAP Aid estimator! OSAP 3 OSAP | GeorgianCollege.ca Apply for OSAP (domestic students only) The Ontario Student Assistance Program (OSAP) provides help through loans and grants based on your calculated financial need. Learn more about eligibility, when to apply, how to apply and more – including other ways to pay your way to graduation. OSAP OFFERS FUNDING THROUGH • grants (money you don't have to pay back) • student loans (money you need to repay once you're done school) OSAP CAN HELP YOU PAY FOR • tuition and ancillary fees • books, supplies and equipment • living expenses (full-time students only) • child care (full- and part-time students with children) You apply for OSAP each academic year that you're in studies and need financial assistance. The new application opens in April/May each year. Apply early – it takes about eight weeks to process an OSAP application. GeorgianCollege.ca/financialaid

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