Who qualifies for Oregon promise?

Have a 2.50 cumulative high school GPA or higher, or a 145 grade on all GED® tests. Be an Oregon resident for at least 12 months prior to college attendance. For dependent students, your parent(s) must also live in Oregon. Have no more than 90 college credits completed or attempted.

Are community colleges free in Oregon?

Oregon Promise was started in 2016 and became the country’s second statewide tuition-free program. In the first year, 6,971 students received the scholarship. More than 5,600 students and 5,900 students participated in the program in 2017 and 2018, respectively.

Is Oregon promise based on income?

All eligible students who have applied and will attend an Oregon community college during the 2019-20 year will be awarded the Oregon Promise grant, according to the OSAC website. Elimination of the EFC limit will provide access for all students, regardless of income, to receive this additional funding for college.

Does fafsa check bank accounts?

FAFSA doesn’t check anything, because it’s a form. However, the form does require you to complete some information about your assets, including checking and savings accounts. If your FAFSA is picked for verification, you may have to provide documentation proving the amounts you entered for bank accounts was accurate.

Will my savings account affect my financial aid?

The short answer to that question is yes. Savings account balances will impact your financial aid. Money held in a savings account is considered an asset. And it does affect a student’s expected family contribution (EFC) calculations when they complete their free application for federal student aid (FAFSA).

What does Osac stand for?

Overseas Security Advisory Council

What is OSAC scholarship?

Scholarship Purpose: To provide support to students pursuing graduate level education at a public or private college or university in the United States who have completed all their high school education in Lake County, Oregon, and obtained a baccalaureate degree (or the equivalent).

What is Oregon Promise Grant?

Oregon Promise is a state grant that helps cover tuition at any Oregon community college for recent high school graduates and GED® test graduates. Oregon Promise does not cover the full cost of college attendance; see award amount details below.

What is my estimated family contribution?

Your EFC is calculated according to a formula established by law and considers your family’s taxed and untaxed income, assets, and benefits (such as unemployment or Social Security). Schools use the EFC to determine your federal aid eligibility and financial aid award.

What is a bad EFC number?

Any person with an EFC number at 0 will receive the maximum amount of student aid, while a number over 5273 will result in no aid at all. Even though 500 is a fairly low EFC number, if your family already lives on a tight budget, finding an extra $500 may seem impossible, making it a bad EFC number.

What is the Orsaa?

The ORSAA is an Oregon-developed application for students who are not eligible to complete the FAFSA. It is a confidential application that is used solely by the Higher Education Coordinating Commission (HECC) to qualify students for financial aid in Oregon.

How do I apply for the Oregon promise?

How do I apply?

  1. Submit the Oregon Promise application in the OSAC Student Portal.
  2. Submit the FAFSA or ORSAA for the year that you will start college. List at least one Oregon community college on the FAFSA or ORSAA.

What is Osac Oregon?

The Office of Student Access and Completion (OSAC) administers a variety of state, federal and privately funded student financial aid programs for the benefit of Oregonians attending institutions of postsecondary education.

What is Oregon Opportunity Grant?

The Oregon Opportunity Grant (OOG) is Oregon’s largest state-funded, need-based grant program for college students. Approximately 40,000 students receive Opportunity Grants each year.

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