Oregon College Grants and Loans

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Oregon College Grants and Loans

Oregon Grants

State of Oregon Opportunity Grant This grant is a state grant awarded to full-time and part time (at least half time) undergraduate Oregon residents based on need and available funding. You must submit a Free Application for Federal Student Aid (FAFSA) and must be eligible for a Federal Pell Grant. There are other requirements for this grant. The awards vary depending on the type of school you are attending and can be a maximum of about $4680. http://www.getcollegefunds.org/ong.html.

Oregon Loans

University of Oregon Student Loan Program Generally this is a program for those students who are not currently eligible for Federal Loan programs. There are also cases where the Financial Aid office can approve supplemental UO Loans even for students who are receiving Federal Loans.

The loans are not cheap, so should be a last resort. Current interest rates are 10% and there is also a $10 monthly fee. These loans are not subsidized, so repayment must begin immediately. Contact the University of Oregon Financial Aid office for more information.

For more information on Oregon state grants and loans, please visit the Oregon Student Assistance Paying for College page.

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