Financial Aid – Pembroke Campus

OSAP Transformation 2017-2018

Are you wondering about the upcoming changes to OSAP for the 2017/2018 academic year?

Please note the OSAP application portal is not yet open. You can Register Now for OSAP to create a profile and OSAP will let you know when it is time to apply.

You can also read further details about the changes to OSAP and use the new OSAP Aid Approximator to get an estimate of what you may qualify for.

The new OSAP will make average tuition free for lower-income students by providing more access to grants upfront. It will also make tuition more affordable for students from moderate to middle-income families by providing more generous grants than previous years. This will simplify the system to encourage more people to attend postsecondary education.

We will be updating our website as more information becomes available.


OSAP Applicants

Students who have successfully applied for OSAP should fill in the application for tuition deposit deferral form here: www.algonquincollege.com/ro/tde

The Registrar’s Office will advise you of the result of your application.

Out of Province Financial Aid Applicants

Students applying for government financial aid from a province or territory other than Ontario may also apply for the tuition deposit deferral.  Please apply through www.algonquincollege.com/ro/tde and be prepared to supply a copy of their needs assessment.

The Registrar’s Office will advise you of the result of your application.

Please review the Important Terminology page for a better understanding of the newly implemented language and policies.


Deposit and Tuition Fee Payment Information

IMPORTANT NOTICE: Tuition Deposit Payments for Domestic Students

All full-time students, new and returning, must pay a $500.00 non-refundable Tuition Deposit in their initial term of an academic year. This non-refundable $500.00 deposit payment secures their seat in that program for the year and is put towards the balance of fees owing for that term. Please view the Payment Due Dates site for more detailed due date information.

Upon payment of the $500.00 non-refundable Tuition Deposit, the remaining fees are deferred automatically and the student is provided with an email indicating their Balance Due Date. The Balance Due Date will be at the end of the first month of their term. If a student is late paying that remaining balance, they will be assessed a $150.00 late payment penalty.

Are you a New Student?
Are you a Returning Student (Initial Term)?
Are you a Returning Student (Subsequent Term)?
Are you a Sponsored Student?

Tuition Deposit Frequently Asked Questions

Payment Options: Learn more about your payment options >>Credit card payments are not accepted for students registered in full-time programs. All students whose fees are received after the Balance Due Date will be charged a late-payment fee of $150.

 


Christine Summers will assist you with questions about how to apply for and
receive your Ontario Student Assistance Program (OSAP) loan. She is the Financial Aid Officer here at the Pembroke Campus.

Financial worry can be a stressful experience for a student and Christine can help make that journey a little easier. She can assist you with questions regarding federal and provincial student loans as well as with applying for other bursaries and awards that are available to our students.

Christine can also provide you with information on budgeting or special financial planning. Check out our Financial Your Education info sheet >>

Pembroke Campus – Room 133
Call 613- 735-4700, Ext. 2709
Email: financialaidpembroke@algonquincollege.com


Direct Links/Applications

Full Time OSAP Information

Part Time Funding Information

 Other Information:


Budgeting Tips

Here are some budgeting tips as you prepare for your college experience:

  1. Pay your tuition deposit & get a Fee Deferment: A fee deferment is a process by which a student requests to have his/her fees for one term put on hold until they can be paid by a course of government assistance such as OSAP, a Part-time Canada Student Loan or Out-of-Province funding. Learn more >>
  2. Make a budget, and revisit it often: Preparing a budget is the best way to stay in good financial shape when you are away at school. There are a number of online budgeting and tracking tools that are available, including RBC’s Budget Calculator, which will help you define your budget and track of your spending so you can easily see if you’re sticking to your budget.
  3. Do your research: Check online sources to see if you qualify for free money that you don’t have to pay back–like scholarships, bursaries, or grants. A bit of research could save you thousands of dollars.
  4. Only borrow what you have to: Your budget will include all the money that you have for education, like savings, RESPs and scholarships. Compare that to the total cost of school, both hard and discretionary costs, and only borrow what you need to fill in the gap.
  5. Take advantage of your student status and become a savvy shopper: Ask for student discounts anywhere you go: hair salon, retailers and most restaurants around campus. Do you need to drive your own car every day or can you arrange a ride-share? Can you share your textbooks or buy used? Can you change your mobile plan to ensure you’re only paying for what you need?
  6. Don’t live beyond your means: pack a lunch daily instead of purchasing your lunch, choose cash over credit, and seek out free events to participate in. Every dollar counts!