Tuition Deferral & Book Deferral Policies

Tuition Deferral Policy

Students who have applied for funding through the Ontario Student Assistance Program (OSAP)and meet the following conditions will automatically have their tuition deferred.

1) Confirmed your seat. (only applicable to students entering into the first year of a program);

2) Have an OSAP application that is complete and has no outstanding issues (i.e. missing documentation, restrictions, etc.);

3) Your  Master Student Financial Assistance Agreement (MSFAA) must be approved by National Student Loan Service Centre

4) Have a total OSAP assessed award that is equal to or greater than your outstanding debt to the college. This may include, but is not limited to, tuition fees, prior outstanding balances, etc.

NOTE:

If the 4thcondition is not met, then you have a shortfall. You must pay the difference between your outstanding debt and your total OSAP award.

You will be notified via your college email when you have been issued a tuition deferral.

Book Deferral Policy

  • Only registered students who are in receipt of OSAP funding or funding through Second Career/Ontario Skills Development may apply for a book deferral.
  • Book deferrals are approved through the Financial Aid Office. Book deferral forms can be picked up and dropped off at The Information Hub located in the Shuniah Building Thunder Bay.
  • The book deferral can be used to purchase books/supplies at the Follett Bookstore, Thunder Bay campus.
  • Once approved, the student will give the second copy of the book deferral to the bookstore who will provide credit for the amount of books/supplies charged.
  • The bookstore will invoice the college for the full amount charged, and these charges will be posted to the student’s account within 5 weeks of the start of the semester.
  • Within 8 weeks of the start of the semester, the student is to pay in full the amount charged plus the administration fee of $15.00. This can be done through the college cashier or via an online payment to the students' college account.
  • Failure to make payment in full may result in the following:
    • removal from class/program/Residence;
    • take any remedies, authorized by law to obtain payment;
    • refuse admission and/or registration;
    • withhold College documents (Certificate/Diploma/Academic Transcript), until payment has been verified.