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Luckycharm

QSAP repayment question

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OSAP is capped at $7,400 or $22,200 for 3 years.

 

My loan account was reduced by amount over $7,400 in September.

 

My loan balance was $3,500 above $22,200 ($22,200+$3,500= $25,500) as of April 30, 2015.  

 

I want to re-arrange my financing and pay off the full amount $25,500today. Will I receive the refund of $3,500 later in the year?

 

Thanks

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