Skip to main content

Continuation of Interest Free Status

Continuation of Interest Free Status (Schedule 2) - OSAP Students

If you have ever applied for and received OSAP funding and are still in the process of paying it off, or you are still in school and no longer wish to apply for funding and do not wish the payments to start, you must do the following:

For each study period that you are enrolled in classes taking 60% or more of your course load (40% for students with a permanent disability) you must complete a continuation of interest-free status (CIFS) application online through your OSAP account. Please follow these steps to submit your CIFS application:

  1. Log into the OSAP website using your OSAP Access Number (OAN) and password
  2. Click on "Apply for interest-free status"
  3. Provide the required information
  4. Submit application

be attending.

Continuation of Interest-Free Status (Schedule 2) - PT/CSL Students

If you have ever applied for and received Part Time Canada Student Loans funding and are still in the process of paying it off, or you are still in school and no longer wish to apply for funding and do not wish the payments to start, you must do the following:

For each semester that you are in classes, you must complete this form in order to remain interest free. It will be assessed once you have submitted it to the Financial Aid Office.

You now have two options:

  1. Go to this website and print off the 2 page application form (requires Adobe Reader):
    Continuation of Interest-Free Status (Schedule2).

    Complete it and then return it to the Financial Aid office at your campus.
     
  2. Come into the Financial Aid Office and pick up a copy of the form, take it home and complete it. Then return it to the Financial Aid Office at the campus you will be attending.