Ohio College Grants and Loans
Ohio GrantsOhio College Opportunity Grant A new grant program called the Ohio College Opportunity Grant (OCOG)is taking the place of the Ohio Instructional Grant. As many as 11,000 more students will be eligible for the new grant since the family income ceiling will be raised from $36,000 to $75,000 per year.
As many as 50 per cent of recipients will receive the maximum award, up from 30% under the old system. You must submit the Free Application for Federal Student Aid (FAFSA) to be considered. The program is starting with the 2006-07 school year, being phased in with full implementation due by 2010.
Ohio Instructional Grant This is a need based program targeting low and middle income students who are Ohio residents. You must submit the Free Application for Federal Student Aid (FAFSA) to be considered. The deadline is October 1 of each year. This grant is being phased out. Students entering school in the 2006-07 year and beyond will apply for the Ohio College Opportunity Grant listed above
Part-time Student Instructional Grant This grant is designated to provide assistance to Ohio residents enrolled in part-time undergraduate study at eligible Ohio public and private colleges and universities. Selections are made by the participating schools based on financial need and Ohio residency. Contact your school's financial aid office for more information.
Ohio Student Choice Grant This grant provides assistance to students attending Ohio private non-profit colleges and universities. It is meant to narrow the gap in tuitions between these and Ohio's public schools. The grant amount for this year was $900. These are not need or merit based. Contact your financial aid office for more information.
Ohio LoansNurse Education Assistance Loan Program (NEALP) Ohio students enrolled at least half time in an approved Ohio nursing program may be eligible for this loan program. The maximum loan is $3000 per year for four years. Once graduated, the loans can be forgiven at the rate of 20% per year if the borrower is employed in the clinical practice of nursing in Ohio. There may be other requirements.
Canton Student Loan Foundation If you are a Stark County high school graduate or resident who received a high school diploma through the ABC (A Better Chance) Program and are entered full time in a degree granting institution with at least a 2.0 GPA, then you may be eligible for a loan from the Canton Student Loan Foundation. There may be other requirements. You can get more information by visiting the Foundation website.
For more information on Ohio state grants and loans, please visit the Ohio Board of Regents Financial Aid page.