How Will Their Financial Aid Be Disbursed?

When will financial aid be paid?
Once all outstanding requirements are completed, financial aid will be applied toward students tuition and fees on the tuition due date. Requirements may include signature of a lenders master promissory not and loan counseling.
 
Term Tuition Due
Summer 2012 July 6, 2012 1pm
Fall 2012 October 5, 2012
Winter 2013 January 18, 2013
Spring 2013 April 12, 2013
Do they have to be enrolled fulltime to get financial aid?
No, the amount of financial aid received depends on the number of credit hours in which they are enrolled on tuition due date. Classes must be taken for credit to count toward financial aid. Classes that are taken as audit will not be counted. Students may take as little as 1 credit and still may be eligible for some financial aid.
 
Payment schedule for less than 12 credits 1-5 credits 6-8 credits 9-11 credits
Foundation Scholarship n/a 50% 75%
Pell Grant* 25% 50% 75%
SEOG Grant 100% 100% 100%
Oregon Opportunity Grants ** n/a 50% 50%
Federal Student Loans n/a 100% 100%
*Depending on enrollment, expected family contributions of 3301 or higher may not calculate with the above percentages.
**Annual OOG less than $800 will not pay if student is enrolled in less than full time.
 


 

Done    Previous Page.                      Where can I get more information?  Continue