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Welcome to Financial Aid
What Type Of Grants Are Available?
Federal Pell Grant
The Pell Grant program was established as a federal program to provide financial aid for eligible undergraduate students with financial need. Eligibility for other federal aid is determined after the Pell Grant is taken into consideration. Pell Grant awards in 2008-2009 range up to $4,731 depending on a students EFC, cost of attendance and enrollment. Students with a prior bachelor’s degree are not eligible. Student enrolled in less than 12 credits will receive the Pell Grant at a pro-rated amount listed below.
| Federal Pell Grant |
1-5 credits
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6-8 credits
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9-11 credits
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12+ credits
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25%
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50%
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75%
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100%
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Pell Grants will be paid to all students who are eligible and enrolled in summer term. Unused portions of summer, fall and winter Pell will be rolled to spring term, 2009 up to maximum eligibility for the term.
Supplemental Educational Opportunity Grant (SEOG)
SEOG awards are federally funded. COCC is responsible for selecting eligible students and determining the amount of the award. The SEOG is for undergraduates with exceptional financial need and gives priority to students who receive Pell Grants. SEOG awards at COCC are $360 per student and are not pro-rated. Not everyone who qualifies will receive this grant due to limited federal funding. This is why it is important to apply early for financial aid. Students with a prior bachelor’s degree are not eligible. The SEOG is not available for summer term.
| SEOG |
1-5 credits
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6-8 credits
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9-11 credits
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12+ credits
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100%
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100%
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100%
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100%
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Oregon Opportunity Grant (OOG)
The state of Oregon provides funds for this grant program. Eligibility is based on financial need as defined by the Oregon Student Assistance Commission using the FAFSA information and is limited to 12 cumulative quarters. Students must have a minimum of one-year legal residency in Oregon and be enrolled in at least 6 credits to be eligible. The OOG is pro-rated for student not enrolled in 12+ credits. Students with a prior bachelor’s degree are not eligible. Students enrolled in a course of study leading to a degree in theology, divinity or religious education are not eligible. Opportunity grants currently are set by the state of Oregon budget. Students at COCC may receive a varied amount depending on financial eligibility and enrollment. The OOG is not available for summer term.
Academic Competitiveness Grant (ACG)
The Academic Competitiveness Grant is awarded to first and second year college students who are Pell-eligible (based on data provided on their Federal Application for Student Financial Aid), are U.S. citizens, and are enrolled full time at a two- or four-year degree-granting institution of higher education. For 2008-2009, awards are up to $750 for first-year students and $1,300 for second-year students. Visit the Oregon Student Assistance Commission web site for more information.
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