If there is a second instance of unsatisfactory academic progress, you may be restricted from receiving OSAP funding for a minimum of 12 months.
During a restriction period, you are still responsible for maintaining your previous loans with the National Student Loan Student Centre.
If you are enrolled in full-time studies while restricted from OSAP funding, you can submit a Continuation of Interest-free Status (CIFS) application at the start of your study period. This will stop interest charges and prevent prior OSAP loans from going into repayment for the duration of your full-time study period while on restriction. If you are not studying full-time, you must continue to repay your loans as scheduled or apply for Repayment Assistance through your NSLSC account.
After your restriction period, you may be eligible for funding for your next study period. For more information, please contact a Financial Aid Advisor at finaid@humber.ca.