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AMA: Brock BAcc Graduate, Carleton MAcc Graduate, Big 4 Employee
My name is Neal, and I graduated from Brock's Bachelor of Accounting Co-op program in 2016 and Carleton's Master of Accounting program in 2017. I was a yconic Student Ambassador for 2016-17. Although I work full-time at PwC now, I'm still around answering questions about accounting as a career and universities. 

My co-op work experience includes:
-Corporate Accounting, Henkel (Germany)
-Assurance and Tax, Collins Barrow
-Risk Assurance, Ernst and Young

I currently work at PricewaterhouseCoopers in Assurance. . 

A snapshot of my time at Brock:  
-Served as an executive for several clubs  
-Participated in numerous internal/external case competitions and conferences  
-Served as a Tutorial Leader for Brock's first-year Macroeconomics course  
-Inducted into Beta Gamma Sigma (the top 10% of Goodman get invited)  
-Did co-ops and internships with 3 different companies in corporate accounting, assurance, tax and risk assurance located in Germany and Canada  
-Participated in a short-term exchange to France  
-Volunteered for the business school's Career Services office, where I critiqued students' resumes  
-Lived in residence (first-year) and off campus

A snapshot of my time at Carleton:  
-President of the Sprott MAcc Society  

Feel free to ask me questions below! Or you can add me on LinkedIn if you'd like to send a private message (https://www.linkedin.com/in/nsengupta).
#Askyconic - What to Expect from University or College
Should you live at home or rez? Is attending Frosh worth it? Is it hard to make friends in uni? When am I expected to pay for tuition? how do manage my loan?

First year is a challenge, but you are up to the task! With a little help from our student hosts...

Follow us and join us on Facebook LIVE for a very special edition of #Askyconic on Wednesday August 2nd at 6 pm EST. as our student hosts answer all your questions about starting post-sec.

No question is too hard or stupid. Leave 'em all in the comments below! Don't forget to come back to this thread after the show, as we will be posting the resources we shared. 

PS. Be nice! Inappropriate comments will not be tolerated.
Osap Free tuition question
My parents make less than 30k combined and osap knows that but my I'm only getting 5k in grants and 5k in loans. I thought I would receive free tuition from osap.

Thanks for the help 
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AMA: McMaster Health Sciences, Level 1 Student
Title says all. I empathize heavily with the premature, second-week-of-Grade-12 anxiety about university admissions. Not to mention, I relied on these forums to ease whatever feelings I had last year, so it's only natural that I give back.

Seriously, AMA. (ex. What Grade 12 courses did I take? What are some tips for the supp-app? What is BHSc even like? Is it the right program for me and my learning style?) 

Even if I'm not  the best source of info regarding a topic, I'm surrounded by enough people everyday that someone's ought to have an answer for you.
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Current Carleton Student, Ask Me Anything!
I found that these threads really helped me when choosing the schools I would apply to and eventually attend, as I was getting the point of view of a current student. A little about me, I am in the Honours Math program studying Stats with a concentration in Actuarial Science, I also live in Residence. 
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will osap cut off my funding
So I go to mcgill, I am taking 4 courses currently, I am doing good in everything except one course, I got a 22 on the midterm. I feel like I will not pass the course. If I drop the course will osap cut my funding?
OSAP Question
I got accepted to all the schools I applied to, but was not able to afford it. Thankfully, the school I wanted allowed me to defer my admissions offer to next year so that I could take a year off to save money. My parents are in a bad place financially (they're in a lot of debt) and they can't help me with any of my finances, meaning I am responsible for all of my tuition, taxes, living expenses ect. Unfortunately, OSAP didn't care about my financial situation and the fact that my parents weren't helping with my tuition, they just cared about how much my parents make and the savings I had. My parents make a fair amount (middle class), so I didn't get enough from OSAP. I am currently working full-time (40 hours a week) and I plan on continuing to do so until I start school in September and then i'll go down to part time during the school year. .However, I am scared that since I have been working all year and saving up all my money, OSAP will take away all my grants. I am trying to apply for every scholarships but I don't meet the requirements for the majority of them. If OSAP takes away my grants, then I will not be able to afford school at all. Staying home for school isn't an option, because they don't offer the program I want at my local university. I save every penny I can and I never spent money on anything that isn't 100% necessary (not even coffee). I didn't get that much to begin with, but considering how much I'll have saved up during the school year, OSAP will probably take it out of the money they give me, starting with the grants. Is there any way I can make OSAP understand my situation and have them consider the fact that my parents are not helping me whatsoever?
Note: I originally didn't plan on taking a gap year, so I applied to OSAP and the final amount given was $7000 less than what I needed. Depending on how hard the school is and the work load, i'm not sure what kind of hours i'll be able to work during the school year and since I have to move away I won't be able to keep my job, so I'm not sure how long it will take me to find another one, meaning I could be out of work for a long time (it took me 10 months to find the job I have now). I'm also not sure whether or not my current job will allow me to come back during the summers (they typically don't do transfers so that's not an option either). I'm not just the first year i'm worried about but the three subsequent years as well (maybe more depending on whether or not I decide to get my masters). I know I should have started looking for a job earlier on but it's too late to do anything about that. If anyone has any tips or suggestions on what I can do about OSAP please let me know. Thank you!
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OSAP Asking for Proof of Academic Progress
Hello! 

I just received a letter in the mail asking me to provide proof of academic progress because they are claiming I'm not maintaining satisfactory academic progress. In my first year (2015-2016) I was in four courses in the fall and then in the winter I attempted to take five, which resulted in me withdrawing from two. I never got a letter, as I was still considered a full time student with a permanent disability. 

However, in the fall of 2016 I received a concussion that forced me to withdraw from my three classes upon medical advice. I returned in January 2017, so I never entered loan repayment as I was only off for two months roughly. I took my three courses in the winter and then another three in spring and summer. Financial aid is saying that because I took spring and summer I was required to have 21 passed credits to remain eligible for OSAP instead of the usual 18. I'm really stressed out because without funding for winter I will have to drop out, which would mean I'd lose my on campus job as I need OSAP to be able to keep that job. 

If I write the letter of proof outlining why I was off as well as that I am healthy and participating in classes now (and my averages are much higher, I'm at a 3.2 GPA) as well as get a note from my doctor do you think that'll be enough to have my funding reinstated? This is the first time this has ever happened. Thanks! 
Financial Aid: How are you paying for school?
Hey everyone! I am one of your yconic Student Ambassadors for this school year. Today I will be discussing financial aid and sharing my thoughts on how you can pay for school.

Before you even apply to university, you have to pay fees to get your applications processed. In some cases, you might even have to pay more to complete supplementary applications (Check out my post last week about university applications: http://bit.ly/2jKJt6m). Unfortunately, this is only the beginning. 

I am currently in my third week of university and have spent A LOT of money. Textbooks alone can cost you hundreds of dollars. Thankfully, there are many ways for you to finance your education. 


1. OSAP (Ontario Student Assistance Program) 

OSAP is a financial aid program set up by the government to assist families and students to fund their education. You get grants and loans from OSAP and the amount depends on your family's income. That said, you might qualify for FREE tuition. 

When you're applying for OSAP, hand in your required documents ASAP to ensure that your OSAP money comes on time to pay your tuition and buy your course materials. 

Check out this page to get more information and to calculate roughly how much you can get from OSAP: https://www.ontario.ca/page/osap-ontario-student-assistance-program 

2. RESP (Registered Education Savings Plan) 

An RESP is like a savings account for your parents to contribute to for your post-secondary education. In addition to the amount your parents contribute, the government adds to it as well. 

3. Bank Loan 

Getting a bank loan is another option to help you pay for school, especially if you'll be studying as an international student abroad. It is important to note that the interest rate might be higher than OSAP and varies from bank to bank. 

4. Part-Time/Summer Job 

Working part-time or having a summer job is a great way to save and pay for school. It definitely helps reduce the amount you have to borrow to pay your tuition fees and course materials. An added bonus is that instead of asking your family for money, you have your own to spend for textbooks and of course, food! 

5. Scholarships and Bursaries 

Free money is awesome! Bursaries are offered to students who demonstrate financial need. Just like OSAP, it takes your family income into consideration. A lot of post-secondary institutions have a financial aid section on their websites, which gives students information on how to apply for them. 

In addition, you can get an entrance scholarship, which is based on your Top 6 for Grade 12. They might range from $500 to $4000 though it depends on the post-secondary institution. This is one of the reasons why it is important to maintain your grades after getting accepted into your program of interest. 

There are many scholarships available here on yconic, so if you're reading this, I would highly recommend that you start applying to them. Last year, one thing that I found surprising was the fact that many scholarships go unclaimed due to people not applying for them. Writing essays might seem unappealing and a lot of work now, but your future self will be thanking you later for doing so. 


Let me know in the comments how you plan to or are currently paying for school. If you have any questions, please check out my AMA as well: http://bit.ly/2fknIsA 

Hope to hear from you soon! 

Alyssa Vidal 
yconic Student Ambassador
Can I pay OSAP back while I'm still at school?
Is it possible if I can pay OSAP back after the school year is done? Let's say I have extra money left in the bank. I usually don't need all of it since I have the same summer job every year. 

Is it possible if I can give the money back to OSAP? Will it do anything? 

I'll still be going to school in the next 2 years. I'm still going to apply for OSAP for the next two years.  I just don't to make the wrong choices. I'm trying to make my debt lower as I can before I graduate. 

Also, I don't work part-time, just the summer. 
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Should I stay Home or Live on Res?
So Im from Scarborough and will be attending York University this fall. I consider myself as an outgoing person and fun to be with and I will be commuting from home in about 1 hour and 20 mins. Do you think I should commute or live on res?
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McMaster Bursary
Would anyone know or be able to give me an estimated value of how much McMaster would typically give in bursaries for students who received OSAP?
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Required documentation help.
Last month OSAP said I didn't have any required documents to hand in, everything was completed. Today OSAP updated and it said I still need to send in required documents. What I don't get is that I believe I sent everything in. This is what it says: 
" Master Student Financial Assistance Agreement (MSFAA) Status: Jul 5/17 Done No action required Your Declaration and Signature Pages Status: Jun 21/17 Approved No action required Additional uploads Use this section to upload additional documents that are required if you want to change information on your application and/or if you've requested a review or clearance. Go to the Upload history page for a list of all the documents you've uploaded. Changes to your application For documents requesting a change to the information on your application. Review documents For documents required for a review of your eligibility or funding. Status: Mar 30/17 Upload received."

And when I click on the funding summary it just states that the school is required to confirm enrollment,
How does one achieve success?

Over the past year, I have been blindsided with the reality that I have accomplished so little compared to other individuals in my situation and age-level. I have looked at the Loran scholarship, TD scholarship, and Schulich scholarship winners/nominees, and have been astounded at the amount of accomplishments they have achieved over their 4 years of high school. As well, I watch a lot of sports and I have also seen the success that these teenagers in many different sports have had. As well, there are also all of those other successful people around the world who reach prestigious universities (Oxford, Harvard, etc.), or accomplish something else amazing in the world. I have been naïve about my accomplishments because throughout most of high school and elementary school I have been called "smart", and have had the highest average compared to my fellow students. I have been mostly surrounded by those who did not care about school, and did not accomplish much (except 3-4 athletes and maybe 1 student), and I think this had a part in my believe that I am a hard-working individual, and someone who had accomplished something in his life so far. I always considered myself as being equal to these previous achievers mentioned, and that I would be someone who would win one of these scholarships (or accomplish my dream of becoming a pro soccer player). I am an immigrant, live in a very low-income situation, and do not have a lot of social confidence, and I think this has played a part in reducing my accomplishments so far (like not being able to actually play on an actual competitive soccer team). However, I know that others go through much more during their lives, and they have found those slim opportunities to accomplish much more than me despite the enormous obstacles in their paths. Anyways, I thought I should ask the question of how I can go about pushing myself to accomplish my goals and to achieve a lot more on a daily basis ? How do successful individuals push themselves on a daily basis, not get side-tracked, focus on their goals, don't procrastinate, time-manage, have confidence in themselves, go and grab the opportunities at hand, overcome any obstacle that blocks their path, and live everyday knowing they have succeeded? How do they direct their lives so that days and weeks and months do not pass by, but that they control time? Should I live by a mantra, look at a quote everyday, plan what happens in every single minute of my life? How do I become a success? How do I accomplish the big goals I have planned in my head? I have always wanted to be part of the solution of all of these seismic problems in the world, but have never had the self-believe, ambition, or determination to accomplish them. How can I change myself so that I can go and accomplish these tasks, and eventually leave this world knowing that I did everything I could to have the most impact I could in the time that I had living in this world?



I am going into first-year of university this September, and therefore want to make sure I reach my accomplishments in this important time in my life.



  - Any advice form those who go and achieve their goals would be helpful?


P.S. I know this is probably not the best place to ask this question, but maybe that successful athlete, loran scholar, or difference-maker is able to read this and help me.

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Banking and OSAP

Should I change my withdrawal limit and increase it past the amount OSAP will be providing me so that my school can take the money from my account ? I said that OSAP can give it directly to my school, so would that mean it will not go into my bank account at all ?

How does the whole paying your tuition process work ???

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OSAP not asking about my income?
I applied for osap last year and it asked my about my income in the past year. I didn't end up going to that program so I cancelled the application but now ive started a new one for the program I am going to and it's not asking me about my income? It still asks about my parents but the only thing for me is it asks about my income during the school year and my assets. Is this normal???
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OSAP- Help!!!
On OSAP if it says "1st payment: school confirms that you've enrolled in full-time studies : pending", does that mean my tuition is not deferred ?
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OSAP HELP!!!!
I uploaded my consent forms on May 31. It still reads upload received. It says that it takes   1-6 weeks for them to review the pages they still haven't. Should I mail in the pages to my financial aid office or just leave it!
OSAP- Deferral

How do you know if your tuition will be deferred? My OSAP account says that my confirmation of enrollment is pending. Does this have to be approved for OSAP to be deferred or not ? (UWO student)





















^Edit

How long did it take for you guys to get the MSFAA approved? Should i worry if it is not approved yet ? My other 2 forms were approved they day after i uploaded them.







OSAP
Does it actually matter how much we put for the expected scholarship amount ? Would it affect how much we would get from OSAP? And if we wanted to change what we wrote what do we do?
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MSFAA help
On the MSFAA it says to put your bank account number in the 13 spaces given however my number is only 7 numbers long.  When I emailed my financial aid office they said: "If your account number is not as long as the spaces then leave the rest blank." Did anyone else experience this and did they do the same thing? (I don't want to mess it up)
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OSAP Problem
So i missed a letter in my name when applying for OSAP now i am trying to call Ryerson to fix it. Has anyone been through this? I've been on hold for 20 mins
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