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American Recovery & Reinvestment Act
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Federal financial aid programs administered by Oregon's colleges and universities
will receive increased funding through the American Recovery and Reinvestment Act
(ARRA). Programs with funding increases include Federal Pell Grants and College
Work Study. See the table below for a summary description.
The Oregon Student Access Commission (OSAC) administers over 400 public grant
and private scholarship programs, including Oregon Opportunity Grants. OSAC grants
and scholarship programs will not receive increased funding from the American Recovery
and Reinvestment Act (ARRA).
Students interested in the Federal Pell Grants and College Work Study programs should
contact campus financial aid offices directly to learn about how to apply for campus-based
aid.
Any student who is interested in obtaining financial aid
to attend postsecondary education should submit the Free Application for Federal
Student Aid (FAFSA) form annually. This is the only application required for Federal
Pell Grants and Oregon Opportunity Grants and it is also the gateway to most campus-based
financial aid.
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Program Area
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Description
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Contact
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Estimated Oregon Share
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Financial Aid
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Funding from the federal government goes directly to the school. For students, the
stimulus will deliver an extra $ 619 toward tuition
in 2009-2010 as the maximum grant amount increases from $4,731
to $5,350. Oregon Pell Grant funding will increase from $ 200.4
million to $281.8 million, a 41 percent hike from last year.
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Contact the Financial Aid Office of your school, college, or university for information.
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$ 281.8 million
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Work Study
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Funding from the federal government goes directly to the school. The federal act
set aside $200 million for increased work study opportunities.
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Contact the Financial Aid Office of your school, college, or university for information.
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$ 2.7 million
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Source: http://www.ed.gov/about/overview/budget/statetables/recovery.html
Click here to visit the
State of Oregon's Stimulus Recovery Home page.