Eligibility & Awarding Details

Award Calculation

OSAC awards Oregon 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 (currently, $6,500 at a community college; $9,500 at a public or private nonprofit 4-year college or university)
  • Family share (Expected Family Contribution, or EFC)
  • Federal share (Federal Pell Grants and/or assumed higher education tax credits)

Eligibility Details

Enrollment Status

Students must be enrolled at least half time fall term to receive Oregon Opportunity Grant funds and maintain their grant eligibility for the rest of the academic year. Students who have an authorized award but are enrolled less than half time in fall or who wait until winter or spring to attend lose their grant eligibility for the year. The only exceptions are for students who are not able to attend fall term due to circumstances beyond their control. 

Reapply Annually

Students must submit a new FAFSA (or ORSAA) for each academic year they plan to attend a college or university. 

NOTE: Simply submitting a FAFSA (or ORSAA) does NOT guarantee an applicant will receive an award. OSAC authorizes Opportunity Grant awards only for eligible applicants who have an error-free FAFSA (or ORSAA). Students who have errors on their FAFSA (or ORSAA) should correct those errors as soon as possible to ensure they remain eligible for the grant. 

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.

2018-19 Award Information

Award Priorities

Opportunity Grant funds are awarded first to students with the greatest financial need. OSAC uses the federally calculated Expected Family Contribution (EFC) to determine financial need and awards grants based on students' EFCs, starting with EFCs of $0. OSAC will increase the EFC limit and continue to make awards until funds are exhausted. Because available funds may vary year to year, OSAC cannot forecast what the maximum EFC limit will be or when funds will be exhausted.

NOTE: Even if you received the Oregon Opportunity Grant in prior years and filed your FAFSA early, you may not receive a grant if you have a relatively high EFC.

Award Amount

Maximum awards for 2018-19 are $2,600 for students attending a community college and $3,200 for students attending a public university or Oregon-based private nonprofit 4-yar university. To receive the maximum award amount for 2018-19, students must be enrolled full-time, full-year at an eligible Oregon-based postsecondary institution. 

EFC Limit

The current EFC limit for the 2018-19 academic year is $3,500. 

Funds to Students

OSAC releases a portion of the annual award to the student's school account at the start of each academic term (quarter or semester) and prorates awards for students enrolled at least half time.

2017-18 Award Information

Award Amount

A fixed amount of $2,250 is available for full-time, full-year attendance at any eligible Oregon-based postsecondary institution. Students' financial need must be at or above $2,250 to be considered for a grant. 

EFC Limit

The maximum EFC limit for 2017-18 Opportunity Grants is $3,500.

Income Limit

Student/family adjusted gross income of $70,000. Only students with student/family incomes at or below the limit are considered for the grant.