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Oregon Student Assistance Commission

The Oregon Student Assistance Commission does not have a program for state college loans. The state also does not offer any additional benefits to students who take out federal student loans.

What Oregon does offer are college grants and scholarships.

Most are need-based, but there are some that are merit-based.

They can be searched and sorted by many different characteristics,for instance, by whether an essay is needed, or by academic majors, or high school affiliation, etc...

In addition to overseeing these scholarships, Oregon has a main grant program-

the Oregon Opportunity Grant

  • Eligibility guidelines are ranked by family income and household size- $22,900 for 2 people -> $46,400 for 8 people
  • Award amounts are determined by which higher education institution you attend and they range from $1,470-$4,956 per year.
  • The student must be an Oregon resident, enrolled at least half-time in an eligible school.
  • The FAFSA is used to determine eligibility so check your FAFSA deadline.

All Oregon Opportunity Grants were reduced for the spring term of the 2009-2010 school year. Fulltime students had their grants reduced by $120 and halftime students' grants were reduced by $60. This was the second year in a row that a reduction took place. All grants returned to normal for the fall 2010-2011 school year, but funding for the 2011-2012 grants ended early, because of a huge rise in the number of applicants. Students are encouraged to apply early for 2012-2013 funding.

The Oregon Student Assistance Commission manages over 340 grants/scholarships under one database, OSAC Scholarships

  • The OSAC Scholarship list includes a description of eligibility and award amounts.
  • Free online grant applications are available starting this year.
  • Scholarships include some for non-Oregon residents, Oregon residents who are going to out-of-state schools, and graduate students
  • There is a March 1 deadline for applications for the following school year.

The University of Oregon will be offering a new scholarship program, beginning with the 2012-2013 school year. Solari Scholarships will be worth $5,000 per year (renewable) and are open to Oregon high school grads accepted at the University of Oregon. Students must have gone to an Oregon high school for 4 years, and qualify for federal financial aid, but not cannot qualify for a Pell grant.



Check your eligibility for other Oregon college grants and scholarships.

School Loan Forgiveness Programs

Oregon Rural Health Services Loan Repayment Program

  • offers loan repayment to physicians, dentists, pharmacists, nurse practitioners, and physician assistants
  • must practice in a qualifying (as determined by the Office of Rural Health) rural area for 3 years for physicians, dentists and pharmacists; 2 years for nurse practitioners and physician assistants
  • repay student loans up to $20,000 per year for 5 years for physicians, dentists and pharmacists; up to $25,000 per year for 4 years for nurse practitioners and physician assistants
  • graduate-level federal student loans only
  • payments made to participants- not the lender
  • broken service commitment-> penalty equal to 150% of the program benefit received


Nursing Services Program

  • offers loan repayment for RN's
  • must practice in a qualifying (as determined by the Office of Rural Health) rural area for 2-4 years
  • repay student loans up to $10,481 per year for 4 years at a rate of 25% of the loan principal per year
  • federal loans only
  • payments made to participants- not to the lender



If you want more college funding info, here's some of my more popular pages . . .

FAFSA

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college loan consultant plan for paying off student loans in Oregon The Oregon Student Assistance Commission college and student loan information is mostly limited to how to apply for free grants. Except for the Oregon Opportunity Grant, most of the college grants and scholarships they manage are privately funded. College loans for students are not part of Oregon's financial aid strategy.

Oregon Student Assistance Commission
Suite 100
1500 Valley River Drive
Eugene, OR 97401
Phone: (541) 687-7400
Toll-Free: (800) 452-8807
Fax: (541) 687-7414

A Pell grant is a college funding lifesaver.



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