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Welcome to Financial Aid

How Will Their Financial Aid Be Disbursed?

When will financial aid be paid?
Once all outstanding requirements are completed,
financial aid will be applied toward students tuition and fees on the tuition due date.  Requirements may include signature of a lenders master promissory not and loan counseling.

Term

Tuition Due

Summer 2008 July 1, 2008
Fall 2008 October 3, 2008
Winter 2009 January 16, 2009
Spring 2009 April 10, 2009

Do they have to be enrolled fulltime to get financial aid?
No, the amount of financial aid received depends on the number of credit hours in which they are enrolled on tuition due date.  Classes must be taken for credit to count toward financial aid.  Classes that are taken as audit will not be counted.  Students may take as little as 1 credit and still may be eligible for some financial aid. 

Payment schedule for less than 12 credits

1-5 credits

6-8 credits

9-11 credits

Foundation Scholarship

n/a 

50%

75%

Academic Competitiveness Grant

n/a

n/a

n/a

Pell Grant

25%*

50%

75%

SEOG Grant

100%

100%

100%

Oregon Opportunity Grants**

n/a

50%

50%

Federal Student Loans

n/a

100%

100%

*Exception: annual Pell Grant of $400 cannot be calculated with the above percentages and if funding is available.
**Oregon Opportunity Grant will not pay on less than full time enrollment if the term award is less than $400.


When will they get a refund check.
If the student has more financial aid than direct expenses, COCC will provide the student with a refund check.  This refund check will be available during a special period of time that is outlined in the Disbursement Letter that the student will receive each term they attend COCC.

Go back to I'm a parent of a COCC student.  Go back to I'm a parent of a COCC student.

                    Who do I call if I still have questions? Who do I call if I still have questions?