The Ontario Student Assistance Program (OSAP) exempts a certain amount of income for dependents. For the 2025-2026 academic year, the exemption is $3,984 for each dependent.
When applying for OSAP, your income and that of your dependents may be assessed. Generally, a certain amount of income is exempt for each dependent, but this can vary based on your specific situation and the academic year.
The University of Toronto provides guidance on OSAP applications, including information on dependent income exemptions. According to the guide, students should report their dependents' income, but an exemption applies to reduce the assessed income.
This article explains how dependent income exemptions work for OSAP. It notes that the exemption amount can change annually and advises students to check the official OSAP website for the most current information.
This tool helps students calculate their dependent income for OSAP purposes. It takes into account the exemption amount and provides an estimate of the assessed income.
This video explains how the dependent income exemption works for OSAP and provides examples to help students understand the process.
This research paper examines the impact of dependent income exemptions on OSAP recipients. It discusses the policy implications and potential effects on student financial aid.
This news article reports on the latest updates to OSAP, including changes to dependent income exemptions. It provides information on how the changes may affect students and their families.