OSAP Payment Deferrals – Province of Ontario
On March 27, the Province of Ontario announced that Ontario Student Assistance Program (OSAP) loan repayments have been deferred for six months beginning on March 30, and loans will also not accrue interest during this time.
During the deferral period, payments will not be withdrawn from accounts of those who have pre-authorized debit. Those who are able to continue making payments, can do so online. Payments that are made during this six-month period will go entirely towards your loan principal.