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a) What is the average tuition cost per year for your program in order to pursue your career?
Write the amount in the TPR box.
b) What is the average number of years of schooling you need in order to complete your
program? Write the amount in the YRS box.
c) What is the total amount of money that you would need to complete your post-secondary
education? Write this amount in the Post-Secondary Cost box.
a) Tuition Per Year
(TPR)
b) Number of Years
(YRS)
c) Post-Secondary Cost
(TPR X YRS)
Answers
Based on the average costs of tuition per year found in part 2, add the following costs per year to
your first year tuition fees if applicable:
Tuition:
__________________________ +
Residence/Rent:
__________________________ +
Groceries/Meal Plan: __________________________ +
Textbooks:
__________________________ +
__________________________
=
__________________________
How much more money do you need to save in order to attend your first year of post-secondary
education?
___________________________________________
Take the estimated amount of OSAP loan per year and determine the amount of OSAP you
would need in order to complete your program:
$_________________________________________________
Using the OSAP repayment calculator and taking into account your average income of your job
that you worked so hard for in post-secondary, determine the amount of interest you will need to
pay in order to pay off your loans in the estimated amount of time. Fill in the details below:
Repayment Calculator:
Total Repayable Student Debt: $__________________
Repayment Period: ________________ Months
Interest Rate: 3.5%
Estimated Monthly Payment
Your Estimated Monthly Payment: $_______________________
Estimated Student Load Interest Tax Credit: $________________________
Interest Paid:
Estimated Monthly Payement
Interest= ( Months Repayment )Total Repayable Student Debt