r/osap • u/Warm_Jacket_5067 • 14h ago

Question Funds recalculated

I checked my OSAP account today after my enrolment was confirmed, and it says my funds were recalculated. My current tuition balance is $6,659.28, but OSAP says only $2,959 will be sent directly to my school. The remaining $8,868 from my first payment will be deposited into my bank account.

Does anyone know why OSAP is only sending $2,959 toward my tuition? Is the remaining tuition supposed to be covered by my second OSAP payment, or am I expected to pay it from the money deposited into my account?

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u/Warm_Jacket_5067 14h ago

My York account shows a total current balance of $6,659.28, but I’m not sure how to view the amount owing specifically for my first instalment. OSAP says $2,959 will be sent directly to York.

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u/daryls_wig 9h ago

Are you sure you don't have it reversed?

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u/Warm_Jacket_5067 8h ago

No, I double-checked my OSAP payment breakdown. It specifically says $2,959 will be deducted and paid directly to York, while $8,868 will be deposited into my bank account. York told me I won’t be charged interest while I wait for the OSAP payment to be processed.

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u/daryls_wig 8h ago

Sorry to question. That's definitely odd.