The Ontario Government will extend OSAP funding for students affected by York University strike

Archived Release

The Ontario Government will extend OSAP funding for students affected by York University strike

Ministry of Colleges and Universities

TORONTO, Jan. 18 /CNW/ - The Ontario Government will provide extra financial assistance to help York University students complete their year, Training, Colleges and Universities Minister Dianne Cunningham announced today.
"I am pleased that the situation at York University has finally been resolved," said Cunningham. "Now that the University has formally extended the academic year, students in affected programs will be eligible to apply for further funding from the Ontario Student Assistance Program (OSAP) to cover their additional living expenses for the longer study period."
More than 9,000 York University students receive OSAP. Depending on their program of study, most of these students will be eligible to apply for an additional four weeks of financial support, taking them to the end of the new exam period on May 26, 2001.
The first $7,000 of a student's OSAP support is provided as a repayable loan. Any assistance above $7,000 for an academic year may be provided in the form of an Ontario Student Opportunity Grant. Depending on eligibility, this extension of OSAP could provide up to $6 million in additional funds for York University students. Of this, up to $5 million will go to as many as 5,500 students who will not be required to repay this assistance as they will qualify for the Ontario Student Opportunity Grant.
Information on how to apply for additional assistance will be available through York's Financial Aid Office. Students receiving OSAP for the Fall term only can request this assistance up to February 7, 2001. Students receiving OSAP for the Fall and Winter sessions may request this additional assistance any time up to March 30, 2001.

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For further information: Contacts: Tanya Cholakov, Ministry of Training, Colleges and Universities, (416) 325-7526; Kerry Kincaid Delaney, Minister's Office, (416) 326-1625; For more information visit www.edu.gov.on.ca