If you do not receive a full-time or part-time OSAP, but continue to study full-time or part-time, you can apply for your previous loans to be interest-free during schooling. Your MSFAA does not show you how much you receive in federal and provincial loans or grants. You will receive a separate assessment notice from your province or territory informing you of the amount of financial aid you will receive for students. Here are the conditions of your MSFAA if you are a full-time resident student: University of Toronto Advance Planning for Students (UTAPS) is a financial assistance program for full-time students, who are Canadian citizens, permanent residents or protected persons (recognized conventional refugees) and who are entitled to public student assistance based on the needs or funding of a First Nations group. The Master Student Financial Assistance Agreement (MSFAA) is a legal document that outlines your responsibilities and the terms of acceptance and repayment of your student loans. The MSFAA is a multi-year agreement. Students belonging to the following groups must follow the AMSFAA to obtain public funds (grants and loans) for the academic year: The AMSFAA describes your responsibilities and the conditions for accepting and repaying your student loans. . . .