Bankruptcy Ontario Blog » OSAP http://www.bankruptcy-ontario.org Thu, 09 Feb 2012 17:24:43 +0000 en hourly 1 Student Loans, OSAP, and Bankruptcy In Ontario http://www.bankruptcy-ontario.org/student-loans/2007/10/student-loans-osap-and-bankruptcy-in-ontario.html http://www.bankruptcy-ontario.org/student-loans/2007/10/student-loans-osap-and-bankruptcy-in-ontario.html#comments Wed, 10 Oct 2007 03:57:00 +0000 Questions http://www.bankruptcy-ontario.org/?p=151 Question: I am currently a student and am receiveing osap. I am finished my program in April. I have paid my tuition (from osap) but will be receiving the second amount in january.I am exploring all my options but if i claim bankruptcy will I still reveive the 2nd amount. I have been accepted for osap and realize that I can not claim bankruptcy against this loan.

Answer: Yes, in most cases OSAP will still lend you money while bankrupt. They will require a letter from your trustee confirming that you will be repaying the money.

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