Oregon Opportunity Grant
The Oregon Opportunity Grant (OOG) is Oregon's largest state-funded need-based grant program for students planning to go to college. Opportunity Grants are funded primarily by Oregon taxpayers. Nearly 32,000 students received OOG awards totaling more than $51.6 million in the 2012-13 academic year, and a similar number of students are projected to receive awards of up to $2000 in 2013-14.
Three Steps to Apply for an Oregon Opportunity Grant
Fill out the FAFSA
Oregon students apply for the Oregon Opportunity Grant by completing the Free Application for Federal Student Aid (FAFSA), which is also the application for most federal student aid programs. Students must complete a FAFSA each year to ensure access to both federal programs and the grants and scholarships that OSAC administers.
Watch for emails from the US Department of Education and OSAC
Students should watch for an email from the US Department of Education with information about the status of their FAFSA and their Student Aid Report (SAR). The email usually arrives about 3 days after filing the FAFSA. After 5 days, check the FAFSA website to confirm it was submitted correctly. In spring, OSAC sends out emails notifying students of their potential eligibility for an Opportunity Grant.
Fix FAFSA errors right away!
If the SAR shows errors or FAFSA information that needs to be corrected, students should resolve those errors right away. Funds are limited, so those who wait too long to resolve errors may not receive a grant. The most common errors are missing signatures and conflicts between a student's name and social security number
NOTE: Simply submitting a FAFSA by the priority deadline does not guarantee an applicant will receive an award. OSAC makes awards only to eligible applicants who apply on or before the published deadline and have problem-free FAFSAs (i.e., had no errors or had resolved all errors and other problems by early March).
In addition, in years with limited available funds, students who are awarded grant funds but delay enrollment until later in the academic year may lose eligibility. Awards for students who are enrolled half-time in fall term may be limited to half-time amounts for all subsequent terms during the academic year.
FAFSA Tip Sheets:
Check out the links below for tip sheets from The U.S. Department of Education Blog regarding FAFSA:
Preliminary Information for 2014-15:
Application Deadline: February 1, 2014 (midnight Central Standard Time). OSAC encourages applicants to submit their FAFSAs as soon after January 1st as possible to ensure priority consideration. Students do not have to wait until they file a tax return to submit a FAFSA. They can submit a FAFSA using an estimate of their taxable income, based on last year's tax return. Once they have filed a tax return, students must go online and update their FAFSA record with actual income and other information manually or import their tax return data directly from the IRS.
Opportunity Grants are awarded first-come, first-served by application date until funds are depleted. In spring 2014, OSAC will make awards and notify students by email of their potential grant eligibility. Additional awards may be made later in the year if more funds become available. To ensure receipt of future email notifications from OSAC and from the US Department of Education, students should make sure they include an active email address on their FAFSA.
2014-15 Award Amount: $2,000. A fixed award amount of $2000 will be available for full-time, full-year attendance at any eligible Oregon-based postsecondary institution. Students' financial need must be at or above $2000 to be considered for an award. OSAC will release a portion of the award to the student’s school account at the start of each academic term (quarter or semester).
Information for 2013-14:
Application Deadline: February 1, 2013 (midnight Central Standard Time). All funds have been awarded for the 2013-14 academic year. OSAC awarded Opportunity Grants on March 27, 2013, to eligible applicants who applied on or before January 31, 2013, and had no errors or problems with their FAFSAs. In August, OSAC made additional awards to students who had applied by the deadline but had not resolved FAFSA errors or other problems earlier.
Award Amount: $2,000. For 2013-14. a fixed award amount of $2000 was available for full-time, full-year attendance at any eligible Oregon-based postsecondary institution. Students' financial need had to be at or above $2000 to be considered for an award. OSAC disburses a portion of the award to the student’s school account at the start of each academic term (quarter or semester).
Use this estimator to determine your potential eligibility for an Opportunity Grant for the 2014-15 academic year. Grant amounts shown are estimates based on the information you provide in the estimator, not guaranteed awards.
- Be an Oregon resident and a U.S. citizen or eligible noncitizen. Out-of-state students who are members of Native American tribes with traditional ties to Oregon may be considered Oregon residents.
- Be an undergraduate student with no prior baccalaureate degrees.
- Be enrolled at least half time (i.e., at least 6 credit-hours) at a participating Oregon-based postsecondary institution.
- Have financial need, based on the difference between cost of attendance, federal aid, and financial resources of the student and student's family, if applicable.
- Have no defaults on federal student loans and owe no refunds on federal student grants.
- Not be incarcerated.
Income Limit – Student/family adjusted gross income of $70,000. Only students with incomes at or below the limit are considered for the grant.
Enrollment Status – In years with limited available funds students who are awarded grant funds but delay enrollment until later in the academic year may lose eligibility. Awards for students who are enrolled half-time in fall term may be limited to half-time amounts for all subsequent terms during the academic year.
Reapply Annually – Students must submit a new FAFSA for each academic year they plan to attend college or a postsecondary school.
OSAC awards Opportunity Grants according to a formula that includes the following:
- Average cost of attendance at an Oregon community college or Oregon public university
- Student share ($5800 at a community college; $8800 at a public or private nonprofit 4-year institution)
- Family share (expected family contribution, or EFC)
- Federal share (Federal Pell Grants and/or assumed higher education tax credits)
Students may receive an Opportunity Grant for up to four years (12 quarters or 8 semesters) of full-time enrollment, providing they maintain satisfactory academic progress and file a new FAFSA each year. Awards are prorated for half-time enrollment. Students enrolled in courses of study leading to degrees in theology, divinity, or religious education are not eligible.
Six Steps to Improve Your Chances of Being Awarded an Oregon Opportunity Grant:
- File your FAFSA as soon as possible after January 1 and well before the published priority deadline. Estimate your prior-year income and taxes, and update your FAFSA with actual numbers after you file your tax return.
- If you are a first-time student, be sure you complete the application process for admission to at least one Oregon public or private nonprofit college/university and apply for financial aid.
- Watch for an email from the US Department of Education about your Student Aid Report (SAR) and fix any errors right away. The email usually arrives about 3 or 4 days after you submit your FAFSA. If you don’t receive an email, check to make sure you completed the FAFSA submission process.
- Respond right away to any requests for additional information or documents from the financial aid office at your college/university.
- In the spring, watch for information about your financial aid package from your college.
- Watch for an email from OSAC about your potential OOG eligibility.