Financial Aid News–Click the link to read about upcoming changes for the 2021-22 award year.
OCCC FAFSA school code: 042837
All prospective OCCC students completing their Free Application for Federal Student Aid (FAFSA) should use OCCC’s code, 042837.
For more information, call 541-867-8503, email email@example.com.
Free Application for Federal Student Aid (FAFSA)
Apply at fafsa.ed.gov
The first step for students to apply for financial aid is the FAFSA. Undocumented students who do not qualify for FAFSA, apply for financial aid with the Oregon Student Aid Application (ORSAA) at www.oregonstudentaid.gov To determine if you are eligible for FAFSA, review the eligibility requirements. It is recommended that DACA students submit both the FAFSA and the ORSAA.
Financial Aid Checklist
The best time to apply is as soon as possible after October 1st of each year for the following academic year.
Resources for Undocumented and DACA Students
Undocumented and DACA students can be eligible for Oregon Promise, Oregon Opportunity Grant, OSAC scholarships, and OCCC Foundation Scholarships. Students must complete the Oregon Student Aid Application (ORSAA). Visit the resources webpage for more info.
Cost of Attendance/How Financial Aid Offer Amounts are Determined
To review information about OCCC’s Cost of Attendance and How Financial Aid Offer Amounts are Determined please click here.
Additional online resources for college and financial aid information for high school students, parents, and adult students. All sites also available in Spanish.
Financial Aid Resources
Student Aid on the Web Covers all aspects of college planning and financial aid
FAFSA4caster Estimates financial aid eligibility for high school students/parents
FAFSA Free Application for Federal Student Aid
This IRS Data Retrieval Tutorial explains in more detail the FAFSA process of transferring your IRS data to your FAFSA. This tutorial is meant to help you UPDATE your FAFSA with your IRS information. If you have not yet filed your FAFSA, you should refer to the 7 Easy Steps to the FAFSA Simplification tutorial above.
If you can’t find your answer online, please contact our office.
School Code: 042837 | Email | 541-867-8503
Types of Financial Aid Available to Students
Federal Pell Grant—Federal Pell Grants provide funding to students who meet certain eligibility criteria, according to federal guidelines. The amount awarded to students is determined by their Expected Family Contribution (EFC) and enrollment. Pell Grants are prorated based on a student’s enrollment level status.
Oregon Opportunity Grant—The Oregon Opportunity Grant is awarded to eligible Oregon residents enrolled at least half-time (6 credits or more). Award are adjusted with based on a student’s enrollment level status.
Oregon Promise Grant—Oregon Promise Grants are available to recent high school graduates. For more information about eligibility and application requirements, visit the Office of Student Access and Completion website at oregonstudentaid.gov.
Students not eligible for grants or scholarships or requiring additional funds to meet educational expenses, may be eligible for student loans. Student loans are available to students and families to borrow money for assistance with funding educational needs.
Federal Direct Loan Program—The Federal Direct Loan is a funding source for students enrolled at least half time (6 credits or more) and is made available to students through the U.S. Department of Education. Direct Loans are either subsidized or unsubsidized. A subsidized loan is awarded on the basis of financial need. If a student qualifies for a subsidized loan the Federal government pays interest on the loan while the student continues to be enrolled at least half-time up to Federal Subsidized Usage Limit Amount. An unsubsidized loan is an additional resource, not awarded on the basis of need. Once disbursed, students receiving an unsubsidized loan are responsible for the accruing interest from the time the loan is disbursed until it is paid in full. Borrowers may choose to pay the interest or allow it to accumulate. If allowed to accrue, the interest will be capitalized—added to the principal amount—and will increase the amount to be repaid.
Nursing Loan—The Nursing loan is funded through the Department of Health and Human Services. It is available on a funds available basis. If you have questions about the Nursing Loan, contact OCCC’s Financial Aid Manager.
Students loan amounts are limited annually and cumulatively by Federal regulations. Students are prohibited from borrowing more than their cost of attendance minus any other financial aid and scholarships received.