The maximum income for dependent students in Ontario to be eligible for OSAP in 2024-2025 is $55,000 for a single dependant and $70,000 for multiple dependants.
For the 2024-2025 academic year, dependent students with a family income below $60,000 may be eligible for additional grants, while those above $70,000 may receive reduced funding.
The federal government has set the maximum income threshold for dependent students at $65,000 for the 2024-2025 academic year, with adjustments for family size and other factors.
Dependent students with a family income below $50,000 can expect to receive the maximum OSAP award, while those with higher incomes may see reduced funding or be ineligible.
Use our interactive calculator to determine your estimated OSAP eligibility and maximum income threshold for the 2024-2025 academic year.
The Ontario government has announced changes to the OSAP program, including updated income thresholds and eligibility criteria for dependent students.
The manual outlines the eligibility criteria and income thresholds for dependent students, including the maximum income for OSAP eligibility in the 2024-2025 academic year.
Watch our webinar to learn more about the OSAP program, including the maximum income for dependent students and how to apply for the 2024-2025 academic year.