FYCSG 05/06 REV2 - Faculty of Arts - York University

LATE FEE DEFERRAL
If you apply for OSAP assistance by July 1, 2005, Student Financial
Services will defer late charges until October 10th. This deferral will
give you sufficient time to obtain your OSAP loan document in the Fall,
to negotiate the loan and to make the necessary payments to York
University. This late fee deferral does not register you at the University,
nor does it relieve you of the responsibility for paying the required
$450 enrolment deposit.
REMIT (PAYING YOUR FEES TO YORK UNIVERSITY
DIRECTLY FROM OSAP FUNDS)
When applying for OSAP assistance, your declaration includes your
agreement to “use this assistance to pay my academic fees first...”.
When you pick up your loan documents Student Financial Services,
instructions will be noted on the document requesting your lending
institution to send a payment to York University for your outstanding
student account balance.
MAINTAINING INTEREST-FREE STATUS ON PREVIOUS OSAP LOANS
If you have outstanding student loans and decide not to apply for
assistance during the 2005/2006 academic year, you need to advise
your lending institution that you are still a full-time student in order
to maintain your student loans’ interest-free status. These interest-free
status forms (and instructions for completion) can be downloaded from
the Web at www.yorku.ca/osfs/maintain and can be completed after
the first day of classes. Forms cannot be completed after the last day
of your study period.
ONTARIO STUDENT OPPORTUNITY GRANT
This program has been developed to help students reduce their debt
loads. If you receive OSAP loans, you may be eligible to have a portion
forgiven through the above program. For more details, check the Web
at http://osap.gov.on.ca.
OSAP OVERAWARDS
The Ministry’s current overaward policy states that if you have been
overawarded for two academic years, you will not be eligible for further
OSAP assistance until you repay the required amount of the overaward
CANADA MILLENNIUM BURSARY
Undergraduate OSAP recipients (full-time students) are considered as
potential candidates for this bursary. Eligibility is based on your OSAP
assessment and the Ministry’s calculation of financial need. Students
are not required to complete a separate application for this bursary but
you must indicate on the OSAP application that you wish to be
considered for this bursary. Further eligibility information is available
on the Web at http://osap.gov.on.ca.
Scholarships, Awards, and Bursaries
BURSARIES
Bursaries are distributed primarily on the basis of financial need. To be
considered for a bursary you must submit a Student Financial Profile.
The Student Financial Profile will be available on the Web at
www.yorku.ca/osfs/bursaries after classes have begun in the Fall (in
mid-September). These bursaries are available to registered full and
part-time students twice a year during the Fall/Winter session.
SCHOLARSHIPS AND AWARDS
A number of scholarships and awards are also available. Scholarships are
awarded to students who demonstrate outstanding academic
achievement and may be partially based on financial need. To view a
complete listing of York University scholarships and awards using our
searchable database, see the Web at www.yorku.ca/osfs/award_search.
The York University Continuing Student Scholarship is distributed
annually in August to students who have achieved outstanding
academic results in the Summer and Fall/Winter sessions of the
previous year. The monetary value of the awards varies according to
the level of academic achievement and course load. No application is
required for this scholarship.
Note to scholarship/award/bursary recipients:
• Regardless of the value of your award, you must pay the $450
enrolment deposit in order to ensure your registration at the
University. This will allow your award to be posted to your student
account.
• Your award will be applied directly to your student account to cover
tuition fees and other expenses. Any remaining balance will be
automatically refunded to you during the session.
• Should you subsequently withdraw from the academic term/session
in which your award was made payable, the amount of this award
may be reduced and a portion of it recovered.
International Student Information
INTERNATIONAL STUDENT FEE EXEMPTIONS
The Undergraduate Calendar lists the categories of international
students who, under the Ministry of Training, Colleges and Universities
regulations, may be eligible for exemption from the international
student fee rate. Exemption categories are listed under the “Domestic
Tuition Rate” in the “Financial Services” section of the calendar.
Calendars are available on the Web at www.yorku.ca. Those who wish
to be considered for exemption under one of the approved categories
must contact the Office of the Registrar, regarding the official
documentation necessary to support such a request. Original
documents must be presented; photocopies are not accepted.
These documents must be submitted to the Office of the Registrar prior
to payment of academic fees. Students who are unable to provide the
required documentation before paying their academic fees are
required to pay the international student fee rate.
If you pay your fees at the higher rate but subsequently can submit
documents for exemption, you must have the documents dated and
submitted to the Office of the Registrar before the deadline date of
October 31, 2005. For reassessment of winter term only, documents
must be dated and submitted to the Office of the Registrar before the
deadline date of January 31, 2006. A change of status is not retroactive
to any previous term or session.
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