Last Updated August 2024
FAFSA or ORSAA Cut-Off Date | August 1, 2024 |
SAI Limit | $8,000 |
Eligible students who have submitted a 2024-25 FAFSA or ORSAA on or before the date above, with an SAI below the limit have been authorized the Oregon Opportunity Grant. If an updated FAFSA or ORSAA comes in that is ineligible, the award will be revoked. Students who are authorized for an award for the 2024-25 academic year will be sent an email from Oregon Opportunity Grant (OOGAward@hecc.oregon.gov). Awarding will continue for the next few months until funds are exhausted, and the cutoff date could be extended. Submit your 2024-25 FAFSA or ORSAA ASAP to be considered. Award is for Fall 2024 through Spring 2025.
NOTE: If you are selected for FAFSA verification, be sure to respond to your school’s requests for data and documents right away. Your school cannot award any financial aid until the verification process is complete.
Any updates or changes made to your FAFSA or ORSAA may affect your Oregon Opportunity Grant eligibility and/or award amount.
1. Submit the FAFSA or ORSAA as soon as possible after the application opens on October 1 each year. No other application is required.
2. Watch for emails from the U.S. Department of Education and/or OSAC. Correct any FAFSA or ORSAA errors immediately.
3. If awarded, you will receive an email from OOGAward@hecc.oregon.gov.
4. Review your award email, and the FAQs on this page for next steps and more details.
Submit the FAFSA or ORSAA as soon as possible after October 1 each year in order to be considered for the grant during the following academic year. OSAC awards Opportunity Grant awards until funds are exhausted for the year. Funds are limited, so OSAC cannot forecast when funds will run out or set a firm application deadline. OSAC recommends that students submit their FAFSA or ORSAA as soon as possible to have the best chance to receive funding.
To apply for OOG for the 2024-25 academic year, submit your 2024-25 FAFSA or ORSAA now.
Here are the past FAFSA/ORSAA cutoff dates for the Oregon Opportunity Grant:
2023-24: 8/31/2023
2022-23: 7/31/2022
2021-22: 11/30/2021
2020-21: 9/30/2020
2019-20: 6/1/2019
2018-19: 4/30/2018
To be eligible for the Oregon Opportunity Grant, you must meet ALL of the following criteria:
Note: First time students must complete the application process for admission to at least one eligible Oregon public or private nonprofit college/university in addition to submitting a FAFSA or ORSAA.
Conditions of the Award
Oregon Opportunity Grants are available to qualified students for up to four years (12 quarters or 8 semesters) of full-time enrollment, provided they maintain satisfactory academic progress, continue to meet eligibility and award requirements, and file a new FAFSA or ORSAA 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.
Check your email. OSAC will notify you via email (the one used to submit your FAFSA/ORSAA) starting in Spring (typically around April/May) if you have been awarded an Oregon Opportunity Grant. In addition, OSAC notifies all eligible Oregon colleges and universities listed on your FAFSA or ORSAA that you have an Oregon Opportunity Grant award. They will include this information in your Financial Aid Award Letter.
Oregon Opportunity Grants are awarded first to students with the greatest financial need, based on their Student Aid Index (SAI). Award amounts are subject to change each year. OSAC begins awarding in the spring and continues to make awards until funds are exhausted. Because available funds vary year to year, OSAC cannot forecast what the maximum SAI limit will be or when funds will be exhausted.
For 2024-25, the award amount is based on the student’s Student Aid Index (SAI), the type of school they attend, and how many credits they enroll each term. The chart below is the maximum award amount for each SAI level and is based on full time and full-year enrollment (i.e. 12 credits or more each term, for all three quarters or two semesters).
Student Aid Index (SAI) | Community College Award Amount | Community College BAS Program Award Amount | 4- Year Institutions Award Amount |
-1500 - 0 | $3,900 | $5,904 | $7,524 |
1-1,000 | $3,600 | $5,508 | $7,008 |
1,001-2,000 | $3,192 | $4,884 | $6,204 |
2,001-3,000 | $2,904 | $4,410 | $5,496 |
3,001-4,000 | $2,442 | $3,804 | $4,416 |
4,001-5,000 | $1,800 | $2,802 | $3,612 |
5,001-6,000 | $1,200 | $1,812 | $2,436 |
6,001-8,000 | $900 | $1,260 | $1,788 |
SAI Limit
The current SAI limit for the 2024-25 academic year is $8,000.
Cut-Off Date
The current FAFSA or ORSAA submit date for the 2024-25 academic year is August 1, 2024. This is not the final cutoff date. As OSAC awards more students, the cut-off date may be extended until funds are depleted.
A portion of the award is released to a student’s account each semester or quarter. Awards are pro-rated for part-time or part-year enrollment. Students must be enrolled at least half time during a quarter or semester to receive OOG funds for that term.
NOTE: Even if you received the Oregon Opportunity Grant in prior years and submitted your FAFSA/ORSAA early, you may not receive a grant if your SAI is above the SAI limit for the year.
No, Oregon Opportunity Grant funds are not available during Summer Term. They can only be used during Fall, Winter, and Spring Terms. In most years, students must attend at least half-time Fall Term in order to receive the grant in Winter/Spring Terms for the academic year. Only if there are sufficient funds to waive the enrollment requirement(s) can students enroll mid-year and still receive the Oregon Opportunity Grant. Typically, the decision is made at a per term level as expenditure data is available. For 2024-25, OSAC has not announced if students can miss Fall Term and receive the grant Winter Quarter or Spring Semester.
Students can utilize Oregon Opportunity Grant at any eligible Oregon-based two- and four-year colleges and universities. To receive the grant, students must be enrolled at least half-time at an eligible institution in either:
Your Student Aid Index (SAI) is a number that is calculated according to financial and other information that you (and your family, if applicable) submits on the FAFSA or ORSAA. You are required to complete either the FAFSA or the ORSAA to apply for Oregon Opportunity Grant. Once you complete the FAFSA or ORSAA, you can find your SAI in your account:
Learn more about the new Student Aid Index calculation. This new calculation replaces the Expected Family Contribution (EFC) calculation from prior FAFSA/ORSAA cycles.
If you are a first-time OOG recipient in 2023-24, you may be eligible for a guaranteed renewal of the grant for next academic year. To maintain your eligibility for a second year, you must meet all of the following requirements:
Students who do not meet all eligibility criteria for the Guaranteed 2nd-year Renewal may still be considered for the grant, along with new and other continuing applicants, if you meet all the eligibility criteria for the next academic year.
Due to changes from the FAFSA Simplification Act, students may have an SAI above the OOG SAI limit (8,000 for 2024-25) that is eligible for Pell Grant. Determining eligibility for Oregon Opportunity Grant is based on the need analysis calculation, not Pell Grant eligibility. For 2024-25 and beyond, SAI is not the only determining factor for Pell Grant. Learn more on the Federal Student Aid website or contact your college financial aid office.
© 2024 Higher Education Coordinating Commission