First Year Student Financial Check-List

Posted on Thursday, August 11th, 2016

Many students and their families find that university life costs more than they had anticipated. Students are highly encouraged to make a budget that includes their costs and responsibilities for the upcoming academic year. Student Financial Services helps students to be financially prepared for university. Their office is located on the 3 rd level of the University Centre. For assistance please call 519-824- 4120x58715 or email fininfo@uoguelph.ca or awards@uoguelph.ca. Please note that the fees and deadlines contained in this checklist are for domestic students. While some information may be useful for international students to know, specific financial information and deadlines related to international student’s needs will be mailed to them from the Office of Intercultural Affairs in the month of June.

June to August

  • Get a summer job and save some money for the upcoming year.
  • Apply (early) for OSAP (Ontario Student Assistance Program) at osap.gov.on.ca. Students who apply for OSAP are automatically considered for the 30% Off Ontario Tuition Grant (OTG). You should submit your OSAP application at least six weeks before you start school in September.
  • If you’re not applying to OSAP check out how to apply for 30% Off Ontario Tuition Grant (OTG) at https://www.ontario.ca/page/30-off-ontario-tuition.
  • Upload or send signature pages to Student Financial Services. Attach any required documentation, such as proof of citizenship or proof of crown ward status, etc.
  • If you do not have one, open a bank account in your name. You will need your bank account number for your Master Student Financial Assistance Agreement (MSFAA) from OSAP.
  • Bring your MSFAA to a designated post office in person, along with a photo ID and proof of your social insurance (SIN) number. A list of post offices can be found on canlearn.ca
  • WebAdvisor opens July 23. Log in to https://webadvisor.uoguelph.ca to see your student fee statement for the upcoming year. This allows you to see how much you owe on your student account.
  • Your tuition deposit of $200 is due August 7th.
  • The Financial Need Assessment Form becomes available from Student Financial Services and Work Study jobs for students with financial need are posted.
  • Make a budget for anticipated and unexpected financial commitments.

September to December

  • Emergency counselling is available on a drop in basis only during the first two weeks of each semester. For the rest of the year, counsellors are available to assist with your individual financial need situation by appointment. Appointments can be booked by calling 519-824- 4120, extension 58715 or in person at Student Client Services, 3rd Floor, University Centre during regular business hours. This can include budget counselling, OSAP appeals, bursary appeals and emergency funding requests.
  • Fall tuition payment is due September 18th. Log into WebAdvisor to see your fee statement. Remember that University of Guelph charges by the semester. This payment is for fall only.
  • If you have performed all the OSAP steps on time, 60% of your OSAP funding should be released the first week of September; the other 40% is released in the winter semester.
  • In-course bursary and work study applications are due October 7th. Visit the Student Financial Services website: www.uoguelph.ca/registrar/studentfinance/

January

  • Winter tuition is due January 15, 2016. Check your fee statement on WebAdvisor.
  • The final 40% of your OSAP will be released. Make sure you have registered in your winter classes early. Your OSAP or OTG cannot be released if you are not enrolled.
  • Emergency counselling is available on a drop in basis during the first two weeks of each semester. For the rest of the year, counsellors are available to assist with your individual financial need situation by appointment only. Appointments can be booked by calling 519-824- 4120, extension 58715 or in person at Student Client Services, 3rd Floor, University Centre during regular business hours. This can include budget counselling, OSAP appeals, bursary appeals and emergency funding requests.

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