Financial Aid at a Glance

Federal Student Aid, a part of the U.S. Department of Education, is the largest provider of student financial aid in the nation. Federal Student Aid is responsible for managing the student financial assistance programs authorized under Title IV of the Higher Education Act of 1965. These programs provide grants, loans and work-study funds to student attending college. Federal Student Aid may help cover expenses such as tuition/fees, room/board, books, supplies, and transportation.

 

Type of Aid
2018-19 Award Year

Other Information

Enrollment Requirement

Federal Pell Grant

Available to undergraduates only. Does not have to be repaid.

Prorated:
12+ credits receive 100%,
9-11 credits receive 75%,
6-8 credits receive 50%,
1-5 credits receive 25%*

Federal Supplemental Education Opportunity Grant

Available to undergraduates only. Does not have to be repaid.

Must be enrolled in credits.

Oregon Opportunity Grant

Does not have to be repaid. The OOG is an estimate based on state economic information. This amount may be adjusted when final state appropriation levels are known. Student must complete the FAFSA or ORSAA to be considered.

Students enrolled in six credits or above may receive a prorated amount.

Oregon Promise Available to Oregon high school graduates to attend post-secondary education with an emphasis on community colleges. Prorated:
12+ credits receive 100%,
9-11 credits receive 75%,
6-8 credits receive 50%,
1-5 credits receive 25%

Federal Work-Study Program

Money is earned and does not have to be repaid.

Must be enrolled in credits.

Federal Direct Subsidized Loan

The Department of Education pays interest while the student is in school and during grace and deferment periods. Money is borrowed and does have to be repaid.

Must be at least 6 or more credits.

Federal Direct Unsubsidized Loan

The student is responsible for the interest. Money is borrowed and does have to be repaid.

Must be at least 6 or more credits.

Federal Parent Loan to Undergraduate Student

Available to parents of dependent undergraduate students. Money is borrowed and does have to be repaid.

Must be at least 6 or more credits.

Alternative Loans These loans are non-federal loans, made by a lender such as a bank, credit union, state agency or a school. Alternative loans may require a cosigner and a credit record. Must be enrolled in credits.

*some exceptions apply.