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OSAP Estimate Accuracy

A photo of Canuklehead Canuklehead
Heya! Anyone have any idea of how accurate the OSAP Web Estimator really is?

I'm a little anxious because they're still processing and haven't given me an amount other than the estimate. Trying to make a budget to figure out what I'd get coming in and a better idea would be nice

Thanks





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A photo of iDream iDream

@Canuklehead wrote
Heya! Anyone have any idea of how accurate the OSAP Web Estimator really is?

I'm a little anxious because they're still processing and haven't given me an amount other than the estimate. Trying to make a budget to figure out what I'd get coming in and a better idea would be nice

Thanks









I received the same amount as the OSAP web estimator stated
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A photo of Anonymous Anonymous
It's an estimate. You'll only really "know" your loan amount when you officially declare your income in September/October when you pick up your loan certificate. It's generally accurate, but not perfect.
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A photo of Canuklehead Canuklehead
Thanks for the answers! Will OSAP give me a pre-pick up amount, then? Like, outside of the estimate, a number that I can expect to get once they've finished their final calculations?
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A photo of Anonymous Anonymous

@Canuklehead wrote
Thanks for the answers! Will OSAP give me a pre-pick up amount, then? Like, outside of the estimate, a number that I can expect to get once they've finished their final calculations?


Yes. In September when you pick up your loan they'll tell you how much you will be receiving, assuming your calculations were correct.
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