Types of Aid
The Financial Aid office provides grants, loans and work-study funds for college students. Not all of that money is equal, some of it comes with interest or requirements. Learn more about the various financial aid options below:
Grants
Aid that does not need to be repaid (unless you withdraw from school or owe a refund).
| Heading | Content |
|---|---|
| Federal Pell Grants |
Awarded based on financial need and enrollment level. Unlike a loan, it does not have to be repaid. |
| Federal Supplemental Educational Opportunity Grants (FSEOG) |
Awarded based on financial need, does not have to be repaid. |
| Oregon Promise Grant |
Awards based on enrollment and financial aid received, only available to be used at Oregon Community Colleges. Applicants must complete FAFSA form or ORSAA if not a US Citizen or Permanent Resident of US. |
| Oregon Opportunity Grant | Award based on financial need and enrollment level. Applicants must complete FAFSA form or ORSAA if not a US Citizen or Permanent Resident of US. |
| STEP |
The STEP grant serves Oregon SNAP recipients with assistance in obtaining a livable wage through the use of added financial, social, and educational services during vocational training, job search, and job retention. Click the button the learn more. |
Loans
Aid that must be paid back with interest
William D. Ford Federal Direct Loans
This is the largest federal student loan program. Under this program, there are three
types of Direct Loans available:
- Subsidized
- Loans made available for students who demonstrate financial need to help cover the cost of higher education. You are not usually charged interest on the loan while you are a full-time student and during certain periods of time. Maximum loan amount $5,500 depending on grade level and dependency status.
- Unsubsidized
- Loans available for students to cover costs of education, but the student doesn't have to demonstrate financial need to be elgible. You are responsible for interest accrued during all periods of the loan. Maximum loan amount $20,500 (less any subsidized amounts received during same time period).
- Direct PLUS
- Loans available to parents of students to help cover the cost of educational expenses not covered by financial aid. Borrower must not have adverse credit. Financial need is not required.