Hi there,
I was recently placed on a 4 month academic probation due to my GPA being so low, but i’m in kind of weird dilemma.
I was “financially cancelled” kind of late, i was already two weeks into the winter semester and was pulled out of my classes without any warning.
The problem is that i already bought a lot of textbooks and supplies like lab coats and manuals that i can’t return and i don’t have the money to pay it off.
Since i was pulled out late, osap thought i was still enrolled and sent out my loan but i haven’t received it yet due to some issues with my banking info and the national student loan service.
My question is will i still receive the loan or will the national student loan service turn around and send it back, i still have to pay off the textbooks that i bought.
I also plan on returning immediately in the next session which would be summer 2016, if there is anything remaining from the loan after paying off the books i would use it for the next session or pay it back to osap.
Thanks
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hey there,
again, this question is super late, sorry, see previous post.
if they haven’t sent it to you, then it’s likely they won’t send it to you. however, even if they do, it’s a really bad idea to take that money under false pretences. you are required to let OSAP know when there are changes in your course load. if you’ve dropped all your courses but OSAP gives you money thinking you’re full-time, that could have very serious consequences, regardless of your good intentions about what to do with the money.
i understand that textbooks are expensive and you need some way to pay for them. OSAP is not the way to do so if you are not actually in classes. if you’re in a situation where you need money now but you won’t be in courses until the summer, i’d recommend talking to your registrar’s office about how you could get together some money. you may be able to get an emergency grant, or your advisor might be able to point you to other potential sources of money.
cheers,
aska