PremedGuy1 Posted May 18, 2012 Report Share Posted May 18, 2012 I’m new to using OSAP so I have a few questions for those who are familiar with it. (1) If you’ve been out of high school for longer than 4 years, the OSAP estimator only asks for income from the current year. What about income from previous years (2011 and before)? Does OSAP look into this at some point during their evaluation through the Canadian Revenue Agency? Or does OSAP simply expect you to report any remaining funds from previous years as an asset? (2) How does OSAP verify this year’s income since the tax forms wouldn’t be available until April 2013? The latest tax forms they would have access to would be for 2011 but they don’t use this data for their calculation. I’m guessing that they give you the funds upfront for tuition and check your income after? Link to comment Share on other sites More sharing options...
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