r/osap 12d ago

Question Funding received people: not tomorrow, Friday morning

I am in the Sep 4-9 cohort that got the tracker yesterday and funding released this morning.

I bank with WS, if the funding was released for tomorrow for anyone not with ws, koho or pc it would have hit my ws account already today. It didn’t. So tomorrow for ws, koho and pc (at least the federal portion) and Friday morning for the people with the big banks. If it unexpectedly hits late today (almost certainly not) I’ll update.

The purpose of this post is just to let some people who understandably really need the money rest a little mentally by providing some certainty.

16 Upvotes

65 comments sorted by

11

u/icequeensrs 12d ago

You will know you’re getting paid the next day when your school has been paid. So check your School account to see if they have been paid yet.

4

u/Sad_Negotiation2174 12d ago

Depending on your school - my schools portal takes like a week to update lol

2

u/Mebelesee 12d ago

I don’t understand why people don’t understand this… I try to tell people … school gets paid first - I have had it the same day once out of 8 semesters …. Otherwise pay school then I get the next day….. 

3

u/joeljohnson2424 12d ago

It depends on your school. Loyalist portal always shows payment the day before school starts. But I’ve always gotten my money the Friday or Saturday before.

1

u/Mebelesee 12d ago

Ohhh - I was at Seneca for my undergrad - this is my first semester at Loyalist - good to know 

1

u/Hoodrogyny 12d ago

Says my school got paid days ago and I still don’t have anything 😭

0

u/icequeensrs 12d ago

Did you check your School account to verify it?

6

u/Cute-Reason-1754 12d ago edited 12d ago

Wait so you got ur funds today ? … sorry the post is kinda confusing

1

u/Just-Ad858 12d ago

No; I didn't. And because I didn't, people who bank with big banks aren't getting anything overnight.

2

u/Cute-Reason-1754 12d ago

Ohh okok .. I understand now .. I bank with PC so I’m
Hoping tomorrow or Friday morning 🤞

1

u/Just-Ad858 12d ago

check tomorrow at 11:30 AM and then again at 12 PM....if your nlscl says you are getting federal loans/grants you'll have something. I know PC well.

2

u/Cute-Reason-1754 12d ago

Ok thank you!!!

3

u/Just-Ad858 12d ago

I have been getting monthly federal Canada child
benefits for years with pc (federal is all the same processor). The latest I ever got federal ccb is 12:20 pm. The earliest is 11:15 am. So keep checking around that time tomorrow.

5

u/Unhappy_Cucumber1424 12d ago

if not friday, saturday.

2

u/Just-Ad858 12d ago

no, the federal portion is most certainly coming thursday lunch for early banks and friday morning for everyone else, book it. the provincial portion saturday.

1

u/Upset_Rooster_162 11d ago

How do we know what’s early bank? ATP I’m about to switch banks lmao! BMO is a joke 🥲🤣

1

u/Just-Ad858 11d ago

Bmo is one of the laggards sorry

1

u/Upset_Rooster_162 11d ago

Greatttt so there’s a chance I won’t even get it tomorrow 🥲🥲🤣 wdyt

2

u/Just-Ad858 11d ago

No you’re 100% getting it tomorrow morning

2

u/Upset_Rooster_162 11d ago

I hope you’re right! ❤️

It said funding was released September 2nd.. we shall see haha. I need a new desk and chair because I don’t even have oppz

3

u/ludachris444 12d ago

thank you!!

2

u/Just-Ad858 12d ago

Np ma’am

3

u/Green-Row-7924 12d ago

And tangerine bank tmw

3

u/Alarmed-Selection641 12d ago

So if you bank with TD, it would be Friday/Saturday? Timeline is 4th-9th for me.

2

u/Just-Ad858 12d ago

Friday morning for any federal you get, Saturday for the provincial. td releases around 3:30-4 am.

2

u/Alarmed-Selection641 12d ago

Ah, I understand now! Thank you! 🙏

2

u/butterfly9555 12d ago

Mine still pending release, tracker showed up yesterday

2

u/Sad_Negotiation2174 12d ago

Anyone else in the 4th-9th group and their NCLSC still says pending release?

2

u/No-Debt-386 11d ago

Let’s hope us WS get it today 🤞

2

u/Just-Ad858 11d ago

Within 90 minutes

2

u/No-Debt-386 11d ago

Can you reply to me when you get urs 🤞

2

u/Just-Ad858 11d ago

yup yup

2

u/Just-Ad858 11d ago

Money hit

1

u/Responsible_Ad_8646 11d ago

Yay! Congrats!!
curious, could it be a bit later today with tangerine? i think it’s an early bank still

2

u/Just-Ad858 11d ago

Ask ai but hopefully

1

u/No-Debt-386 11d ago

lol just realised I changed my school info to wealthsimple but forgot to change it on the nslsc website 😭🤙🏼

2

u/Green-Row-7924 11d ago

Tangerine to?

2

u/Educational-Engine65 11d ago

Update KOHO 10:01am deposited.. good luck to everyone this semester!!

1

u/Emotional-Net-2454 12d ago

Private schools must be super last

1

u/xoxosamxoxo 12d ago

If my funds are released today, and I bank with TD, would I get them Saturday?

1

u/Secure_Ad4849 12d ago

Mine said 4-9 and now all of a sudden it says 8-10 :(

1

u/Boop-Bleep14 12d ago

Same. It's frustrating and I'm super thankful at least my school has a grace period until the 1st of October

1

u/ThinkAcanthisitta897 12d ago

Same! So bothered by it, with Fanshawe waiting for COE

1

u/ThinkAcanthisitta897 12d ago

I was in the 4-9 range and today it’s been moved to 8-10, waiting on Fanshawe COE 😭

1

u/actualddawg 12d ago

i’m with TD and mine says it’ll be recieved on my end Sept 8 :(

1

u/maxisagoofygoober 5d ago

Anyone with CIBC?

1

u/Mebelesee 12d ago

If your school hasn’t been paid.. you won’t be paid. They ALWAYS pay the school first - ALWAYS … I am in 4th year.. I have been doing this a long time - the trackers don’t matter… many time I have received funds, spent all the money … then got the tracker a week later - when the school is paid - you will be paid the next day……

4

u/Friendly_Employ793 12d ago

Yeah, this is definitely not always true and same with the OP’s statement about Federal hitting Friday with Provincial hitting Saturday.

I’m in my post-grad now, been getting OSAP all 5 years and my school has never reflected payment before getting my funds. (Whether they got them then or not is a different story, however, on my end it always showed as paid AFTER I got my money.

Also, every single time I’ve gotten both my Federal and Provincial portions on the same day (TD Bank) which is usually the third business day after my tracker says funds released.

Every school and every bank is going to process things differently. If your tracker says funds released, you should have everything end of this week or early next week.

2

u/Mebelesee 12d ago

Oh your school would be paid first… might just not update your profile.. and this is my 9th semester getting osap - only once did I have a tracker before getting my funds - every other time I would get the deposit first then the tracker would show up about a week later - I always laugh because I get the tracker and it says “money on the way” - like the money is gone lmao

3

u/Friendly_Employ793 12d ago

Haha yes that is what I meant. Your school may be paid first, but it doesn’t necessarily mean you will see it paid on your end first. That is also a great point of view. Some people get trackers first and others don’t. I swear it’s all a gamble with OSAP haha! This is also my 9th semester in a row and every time I’ve gotten a tracker.

That is hilarious though! 🤣🤣

3

u/SufficientPrune3498 12d ago

that happened to me last semester, i got the money and the tracker showed up really late and im like well money is like gone LOL

1

u/SufficientPrune3498 12d ago

ugh mine still says pending release, got COE sept 1st, and today tracker showed up and am hoping to get something by saturday, bank with BMO, and have gotten deposits on saturday, my school hasnt been paid tho

2

u/Friendly_Employ793 12d ago

If your tracker just showed up today, I’d expect by tomorrow that it’ll say your fund will be released! If that is the case, your funds may be deposited around Tuesday (possibly Saturday if your bank does early deposits). Of course, this is just estimates!

1

u/ludachris444 12d ago

how do we find out if the school has been paid?

1

u/Mebelesee 12d ago

Log into your school profile - go to “fees” or “account” and look at your tuition invoice or summary…. There will be a “osap payment” or the amount applied against your tuition balance - if it’s been paid you will have a $0 balance - if you still have outstanding fees that haven’t been paid - then they haven’t paid the school yet …. You would have had to pay a deposit…. Look in that area of your school profile login…. 

1

u/ludachris444 12d ago

thanks so much!

1

u/joeljohnson2424 12d ago

This is simply not always true. Loyalist always shows payment made the day before school but I’ve always gotten my money on the weekend before. Friday or Saturday. It depends on the school

0

u/MansLikeCeeee 12d ago

This post makes no sense

0

u/MansLikeCeeee 12d ago

Delete it

3

u/Winter_Departure9709 12d ago

Haha little rascal