Ohio Board of Regents

Ohio Board of Regents

Student Lending Works was the State of Ohio's designated nonprofit student loan lender for the Federal Family Education Loan Program (FFELP).

This lending program ended July 1,2010 and has been replaced by federal Direct student loans.

Most college grants and scholarships overseen by the Ohio Board of Regents require the filing of a FAFSA , so make sure you file it before the Ohio FAFSA deadline

College grants and Scholarships

• need-based award requires an EFC of 0 as well as Temporary Assistance for Needy Families (TANF) eligibility
• students must achieve a grade of "C" in all courses
• award is $900 for 12 or more credits; $450 for 6-11 credits

Ohio Academic Scholarship

• merit award uses student's high school grade-point average and scores from the ACT Assessment- 1 student from each high school in the state
• students must enroll for full-time undergraduate study in Ohio
• award is $2,205 per year for up to four years

Ohio College Opportunity Grant (OCOG)

• need-based award based on a maximum EFC of $2,190 with a total family income of $75,000
• students must be first, second, and third year students enrolled as full-time, three-quarters-time, half-time or one-quarter-time
• maximum awards are: Public - $2,496, Private - $4,992 and Proprietary - $3,996

Ohio Instructional Grant (OIG)

• need-based award for families with income under $39,000
• students must be enrolled as full-time undergraduates
• awards range from $174 to $5,466 per year

The Ohio Student Choice Grant Program

• not based on need or merit- for students attending a private, nonprofit Ohio school
• must be an Ohio resident
• award is $660 per year

Ohio War Orphans Scholarship

• for children of deceased or severely disabled Ohio veterans
• must be enrolled full-time at a Ohio school as an undergrad- age under 25
• award covers tuition at two and four-year public institutions and some charges at eligible private colleges and universities

Ohio Safety Officers College Memorial Fund

• for children and spouses of peace officers, fire fighters and other safety officers who are killed in the line-of-duty anywhere in the U.S.
• part-time or full-time enrollment by Ohio residents
• award is full tuition at public colleges and part tuition at private schools

Regents Graduate/Professional Fellowship Program

• merit award for Ohio graduates with BA's enrolled in a graduate or professional program
• must be nominated by the school
• award is $3,500 per year for 2 years

Blue and Gold Scholar Award Program

• merit and need-based award for the University of Toledo
• for any high school seniors in Ohio or Monroe County, Michigan who have some Pell grant eligibility and a 3.0 GPA
• award is the remaining tuition cost at U.T. after Pell grant amounts and state grants have been applied

Financial Aid for Teachers

Ohio Teachers Corps Program

• for first-year teachers assigned to teach in the subject area of foreign language, science or mathematics
• must commit to a minimum of 5 years of service at an Ohio school defined by the Ohio Department of Education (ODE) as hard-to-staff
• 2 options: (1) teacher loan repayment- funds go directly to the lender; (2) professional enhancement incentive- funds go to the teacher
• eligible loans- federal loans except for ParentPLUS and private student loans
• total amount= $20,000- $6,000 for the first year and $3,000 per year after that
• if committment is not met- all funds must be repaid

Forgiveness of a Nursing Student Loan

Nurse Education Assistance Loan Program (NEALP)- This program has 3 parts:

1. Funding for Future Nurses
• for Ohio students enrolled at least halftime in an approved Ohio nursing program
• maximum loan award is $3,000 per year
• must work as a fulltime nurse in Ohio for 5 years for loan forgiveness
2. Funding for Future Instructors
• for Ohio registered nurses enrolled in approved Ohio graduate nurse education programs
• minimum loan award is $5,000 per year
• must serve as a nurse faculty member in Ohio for 4 years for loan forgiveness
3. Nursing Faculty Fellowship Grant Program
• for Ohio registered nurses enrolled in approved Ohio graduate nurse education programs
• maximum award is $15,000 per year
• must serve as a nurse faculty member in Ohio for 4 years for loan forgiveness