Here to help: Financial Aid

Oregon Coast Community College is waiting for approval from the Federal Department of Education (ED) to administer its own financial aid.  Once approved by ED, OCCC will have its own school code listed on the FAFSA and be an option for students completing their Oregon Promise Application with the Office of Student Access and Completion (OSAC).  If you are planning to attend OCCC during the 2020-21 academic year and use Federal or State financial aid you should keep your contact information updated and continue to monitor both your college and personal email for more details.  At this time, we anticipate approval around June 1, 2020.

Financial Aid

Free Application for Federal Student Aid (FAFSA)

Apply at fafsa.ed.gov

The first step for students to apply for financial aid is the FAFSA. Undocumented students who do not qualify for FAFSA, apply for financial aid with the Oregon Student Aid Application (ORSAA) at www.oregonstudentaid.gov To determine if you are eligible for FAFSA, use this filtering tool. It is recommended that DACA students submit both the FAFSA and the ORSAA.

Financial Aid Checklist

The financial aid checklist will be available once OCCC receives approval from ED to participate in Federal Title IV programs.

The best time to apply is as soon as possible after October 1st of each year for the following academic year.

Resources for Undocumented and DACA Students

Undocumented and DACA students can be eligible for Oregon Promise, Oregon Opportunity Grant, OSAC scholarships, and OCCC Foundation Scholarships.  Students must complete the Oregon Student Aid Application (ORSAA).  Visit the resources webpage for more info.

Financial Aid Timeline

The financial aid timeline is currently under revision.

Additional online resources for college and financial aid information for high school students, parents, and adult students. All sites also available in Spanish.
Financial Aid Resources

Student Aid on the Web  Covers all aspects of college planning and financial aid

Financial Aid Satisfactory Academic Progress

FAFSA4caster Estimates financial aid eligibility for high school students/parents

FAFSA Free Application for Federal Student Aid

MyMoney.gov  This is the U. S. government’s website dedicated to teaching all Americans the basics about financial education. The site provides important information designed to help make smart financial choices.

Additional Resources

Financial Literacy

FAFSA Simplification

This IRS Data Retrieval Tutorial explains in more detail the FAFSA process of transferring your IRS data to your FAFSA. This tutorial is meant to help you UPDATE your FAFSA with your IRS information. If you have not yet filed your FAFSA, you should refer to the 7 Easy Steps to the FAFSA tutorial above.

About Us

If you can’t find your answer online, please contact our office.
School Code: To Be Announced | Email  |  541-867-8503

Types of Aid

Types of Financial Aid Available to Students

Grants

Federal Pell Grant—Federal Pell Grants provide funding to students who meet certain eligibility criteria, according to federal guidelines.  The amount awarded to students is determined by their Expected Family Contribution (EFC) and enrollment.  Pell Grants are prorated based on a student’s enrollment level status.

Oregon Opportunity Grant—The Oregon Opportunity Grant is awarded to eligible Oregon residents enrolled at least half-time (6 credits or more).  Award are adjusted with based on a student’s enrollment level status.

Oregon Promise Grant—Oregon Promise Grants are available to recent high school graduates.  For more information about eligibility and application requirements, visit the Office of Student Access and Completion website at oregonstudentaid.gov.

Students not eligible for grants or scholarships or requiring additional funds to meet educational expenses, may be eligible for student loans.  Student loans are available to students and families to borrow money for assistance with funding educational needs.

Loans

Federal Direct Loan Program—The Federal Direct Loan is a funding source for students enrolled at least half time (6 credits or more) and is made available to students through the U.S. Department of Education.  Direct Loans are either subsidized or unsubsidized.  A subsidized loan is awarded on the basis of financial need.  If a student qualifies for a subsidized loan the Federal government pays interest on the loan while the student continues to be enrolled at least half-time up to Federal Subsidized Usage Limit Amount.  An unsubsidized loan is an additional resource, not awarded on the basis of need.  Once disbursed, students receiving an unsubsidized loan are responsible for the accruing interest from the time the loan is disbursed until it is paid in full.  Borrowers may choose to pay the interest or allow it to accumulate.  If allowed to accrue, the interest will be capitalized—added to the principal amount—and will increase the amount to be repaid.

Nursing Loan—The Nursing loan is funded through the Department of Health and Human Services.  It is available on a funds available basis through PCC.  If you have questions about the Nursing Loan, contact OCCC’s Financial Aid Specialist.  At this time, OCCC cannot guarantee nursing loans will be available for the 2020-21 academic year.

Students loan amounts are limited annually and cumulatively by Federal regulations.  Students are prohibited from borrowing more than their cost of attendance minus any other financial aid and scholarships received.

 

 

Oregon Coast Community College