The dependent income exemption limit for OSAP in 2024 is $3,814 for single students and $7,612 for students who are married or in a common-law relationship.
For the 2024-2025 academic year, the dependent income exemption limit for OSAP is adjusted based on family size and income, with a maximum exemption of $23,000.
The Ontario government has announced changes to the OSAP income limits for 2024, including an increase in the dependent income exemption limit to help more students access funding.
The University of Toronto's financial aid office provides guidance on the dependent income exemption limit for OSAP in 2024, which is $3,500 for students with a single dependant and $6,000 for students with multiple dependants.
A financial planning guide to understanding the dependent income exemption limit for OSAP in 2024, including tips on how to maximize your eligibility for funding.
The official OSAP application guide for 2024 provides detailed information on income limits and exemptions, including the dependent income exemption limit.
Use this interactive calculator to determine your dependent income exemption limit for OSAP in 2024 and estimate your eligibility for funding.
A video guide to understanding the dependent income exemption limit for OSAP in 2024, including explanations of how to apply and maximize your funding.