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Max Car Value

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Topic: Max Car Value

Posted By: Ironian
Subject: Max Car Value
Date Posted: 30/September/2004 at 10:33am

I am in the process of applying for OSAP and on the application I put the value of my car that I found of from the Canadian Black Book site which took into consideration my mileage. The other day I got a notice of vehicle verification form which tells me I need to have my car appraised. I do not want to do this for no reason as this costs money I was wondering it there is a maximum car value that you can have before OSAP will not approve you.

Replies:

Posted By: whereto?
Date Posted: 30/September/2004 at 7:30pm

I think its around 4 or 5 K....they dont necc disapprove you, but they will deduct that value over the amount from the grant....at least thats how it works in alberta (or did)