Last Updated September 2022
|FAFSA or ORSAA Cut-Off Date||July 31, 2022|
Eligible students who have submitted a 2022-23 FAFSA or ORSAA on or before the date above, with an EFC below the limit have been awarded the Oregon Opportunity Grant. If an updated FAFSA or ORSAA comes in that is ineligible, the award will be revoked.
NOTE: If you are selected for FAFSA verification, be sure to respond to your school’s requests for data and documents right away. Your school cannot award any financial aid until the verification process is complete.
Any updates or changes made to your FAFSA or ORSAA may affect your Oregon Opportunity Grant eligibility and/or award amount.
OOG awards cannot be based on EFC adjustments made from professional judgment.
Submit the FAFSA or ORSAA as soon as possible after October 1 each year in order to be considered for the grant during the following academic year. OSAC awards Opportunity Grant awards until funds are exhausted for the year. Funds are limited, so OSAC cannot forecast when funds will run out or set a firm application deadline. OSAC recommends that students submit their FAFSA or ORSAA as soon as possible to have the best chance to receive funding.
To apply for the 2022-23 academic year, submit your 2022-23 FAFSA or ORSAA.
To be eligible for the Oregon Opportunity Grant, you must meet ALL of the following criteria:
Note: First time students should complete the application process for admission to at least one eligible Oregon public or private nonprofit college/university in addition to submitting a FAFSA or ORSAA.
Conditions of the Award
Oregon Opportunity Grants are available to qualified students for up to four years (12 quarters or 8 semesters) of full-time enrollment, provided they maintain satisfactory academic progress, continue to meet eligibility and award requirements, and file a new FAFSA or ORSAA each year. Awards are prorated for half-time enrollment. Students enrolled in courses of study leading to degrees in theology, divinity, or religious education are not eligible.
Check your email. OSAC will notify you via email starting in mid-April if you have been awarded an Oregon Opportunity Grant. In addition, OSAC notifies all eligible Oregon colleges and universities listed on your FAFSA or ORSAA that you have an Oregon Opportunity Grant award. They will include this information in your Financial Aid Award Letter.
Oregon Opportunity Grants are awarded first to students with the greatest financial need, based on their Expected Family Contribution (EFC). Award amounts are subject to change each year. OSAC begins awarding in the spring and continues to make awards until funds are exhausted. Because available funds vary year to year, OSAC cannot forecast what the maximum EFC limit will be or when funds will be exhausted.
For 2022-23, the award amount is based on the student’s Estimated Family Contribution (EFC), the type of school they attend, and how many credits they enroll each term. The chart below is the maximum award amount for each EFC level and is based on full time and full-year enrollment (i.e. 12 credits or more each term, for all three quarters or two semesters).
A portion of the award is released to a student’s account each semester or quarter. Awards are pro-rated for part-time or part-year enrollment. Students must be enrolled at least half time during a quarter or semester to receive OOG funds for that term.
|Expected Family Contribution (EFC)||Community College Award Amount||4- Year Institutions Award Amount|
The current EFC limit for the 2022-23 academic year is $8,000.
The current FAFSA or ORSAA submit date for the 2022-23 academic year is July 31, 2022.
NOTE: Even if you received the Oregon Opportunity Grant in prior years and filed your FAFSA early, you may not receive a grant if your EFC is above the EFC limit for the year.
If you are a first-time OOG recipient this year, you may be eligible for a guaranteed renewal of the grant for next year. To maintain your eligibility for a second year, you must meet all of the following requirements:
Students who do not meet all eligibility criteria for the Guaranteed 2nd-year Renewal may still be considered for the grant, along with new and other continuing applicants.