in June 2018, which announced significant changes to OSAP in January 2019. It included a 10% tuition fee reduction for all programs in 2019-20, followed by a freeze in 2020-21. It also cut the OSAP budget from approximately $2 billion to $1.4 billion, making significant changes to the program including: changing eligibility requirements for the Ontario Student Grant to only be provided up to assessed need and reducing income cut-offs to about $140,000 of family income. requiring that at least 10% of assessed need be provided as loan for those with family income under $50,000. requiring that at least 50% of assessed need be provided as loan for those in second-entry or out-of-province programs. increasing the fixed student contribution to $3,600 from $3,000. increasing expected parental contributions. making the annual $500 computer allowance one-time. changing the definition of independent student from four to six years out of high school; and having interest accrue on provincial loans during the six-month grace period after graduation. Financial Resources Student Fixed Contribution – an amount that students are expected to contribute toward their education costs from their savings or earnings. The fixed contribution is $3,600 for a two-term study period for the Ontario assessment but is reduced on a sliding income scale down to the low-income threshold for a minimum of $1,500 for the federal assessment. Contribution is waived for students with children, on social assistance, Crown wards, those with a permanent disability or self-identify as Indigenous. Scholarships/Bursaries/Awards – amount above $1,800 per year Study Period Income – exempt in federal assessment; amount over $11,200 per year in Ontario assessment Parental Contribution (for single dependent students) – calculated based on Annual Discretionary Income which is net parental income (after taxes/deductions) minus a moderate living allowance – different formulas federally and provincially. Eligibility To be eligible for OSAP, students must be a Canadian citizen, permanent resident or a protected person under the Immigration and Refugee Protection Act; and They also must be an Ontario resident, meaning: Ontario is the most recent province in which the student resided for 12 consecutive months, not including time as a full-time post-secondary student; if the student is married/common-law, Ontario is the most recent province in which the student's spouse resided for 12 consecutive months, not including time as a full-time post-secondary student; or if the student is a single dependent student, Ontario is the most recent province in which