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Type of Aid
2008-2009
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Other Information
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Annual
Award Limits
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Disbursement
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Enrollment Requirement
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Pell Grant
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Available to undergraduates only. Does not have to be repaid. |
up to $4,731 |
School disburses funds to students once each term. |
Prorated:
12+ credits receive 100%,
9-11 credits receive 75%,
6-8 credits receive 50%,
1-5 credits receive 25% |
Supplemental Educational Opportunity Grant
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Available to undergraduates only. Does not have to be repaid. |
up to $360 |
School disburses funds to students once each term. |
Must be enrolled in credits. |
Oregon Opportunity Grant
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Does not have to be repaid. |
amount will vary |
School disburses funds to students once each term. |
Prorated:
12+ credits receive 100%,
6-11 Credits receive 50%*
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| Academic Competitiveness Grant |
Does not have to be repaid.
Available to full-time undergraduates that met special criteria. |
$750 freshman
$1,300 sophomore |
School disburses funds to students once each term. |
Must be enrolled in 12+ credits. |
| Federal Work-Study |
Money is earned and does not have to be repaid. |
Rate of pay is $7.95 per hour.
May earn up to $2,400 |
School issues check to student once a month for actual hours worked. |
Must be enrolled in credits. |
Subsidized Stafford Loan
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The Department of Education pays interest while the student is in school and during grace and deferment periods. Money is borrowed and does have to be repaid. |
Freshman:
1-44 COCC credits up to $3,500.
Sophomore:
45+ COCC credits up to $4,500. |
Private lenders provide funds to schools to disburse to students. |
Must be at least 6 or more credits. |
Unsubsidized Stafford Loan
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The student is responsible for the interest. Money is borrowed and does have to be repaid. |
Dependent student may borrow up to $2000.
Independent student may borrow up to $6,000.
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Private lenders provide funds to schools to disburse to students. |
Must be at least 6 or more credits. |
Parent Loan to Undergraduate Student
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Available to parents of dependent undergraduate students. Money is borrowed and does have to be repaid. |
Cost of attendance minus any other financial aid received. |
Private lenders provide funds to schools to disburse to students. |
Must be at least 6 or more credits. |
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* Oregon Opportunity Grant will not pay on less than full time enrollment if the term award is less than $400.
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