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Welfare
Hi, I am hoping to start school in 2009 but am not financially stable to go to school and therefor need some sort of loan. I was thinking of getting a line of credit from a bank but someone told me that in ontario you can go on welfare for school. And they pay for the studies for you, or atleast help you pay for it. I would like to know if anyone knows any information about this and if this is true.
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Want to answer more questions in the Work & School category?
Maybe give some free advice about: Colleges & Universities?
I am going to assume you are talking about going to college or university.
Well, no, it's nothing like what you are thinking. You cannot 'go on welfare' and pay for your studies. Social Security payments in Canada are insufficiant to pay for a university education.
You CAN apply for a special goverment loan called the OSAP (Ontario Student Assitance Program). These loans are special because they don't gain any interest untill after you graduate. You also aren't expected to pay them back in any way until after you are finished school (or if you drop out, of course).
To recieve an OSAP loan, you must be accepted to an accridited program and be a Canadian citizen who has lived in Ontario for at least a year.
You can learn more by following this link: [Link](Mouse over link to see full location)
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