Tuesday, September 16, 2008

Spanked by OSAP

Called NSLSC today to settle my student loan. Learned a valuable lesson. Never get a loan from the government. You think banks want to screw you over? OSAP spanked my ass so hard I won't be able to sit down until November.

They call it a 'grace period'. What it means is that, technically, you don't have to pay, but interest is still charged. IN FULL. By both the federal and provincial governments. I got patronized the other day. They sent me a letter, saying I was awarded a grant of $823, payable towards my loan. What the f*ck good is $823 going to do, when I have a f*cking five-figure loan taken out?

It's not worth it man. Don't go for OSAP. Find a way, any way to pay for tuition.

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