Students with existing OSAP loans
Currently, the Ministry of Advanced Education and Skills Development directs that students in post degree internship programs, like that of the NODIP, are not eligible for Ontario Student Assistance Program (OSAP) funding support. This means a Continuation of Interest Free Status form is not available to students with existing OSAP loans. Existing OSAP loans will go into repayment six months after the last time the student was in classes prior to the NODIP.
If you have an existing OSAP loan, you can apply for the Repayment Assistance Program (RAP) to request no interest be charged or for your loan repayment to be deferred until you complete your NODIP. Apply for the RAP program early to allow time to submit your application and receive a response from the National Student Loan Centre.