Financial Aid

 

FAFSA:

Apply online at www.fafsa.ed.gov

The most important step of applying for financial aid is filling out the Free Application for Federal Student Aid (FAFSA).  To apply for any federal student aid, such as federal grants, loans, and work-study, you need to complete the FAFSA.  The FAFSA collects information about you and your family and determines how much your family is expected to contribute to your education (EFC-Expected Family Contribution).  The early part of January of your senior year is when to submit your FAFSA.  Apply on or as close to January 1 as possible! FAFSA does open for enrollment on October 1st so feel free to get started early! Money is often available on a first-come, first served basis.  You’ll usually receive EFC information in four to six weeks.  Completing and submitting the FAFSA is free and easy, and it gives you access to the largest source of financial aid to pay for college or career school.
The first step is to register for your PIN which will allow you to complete the FAFSA process.  It is a good idea to register for your PIN early, so that you are ready to complete the FAFSA form as soon as it becomes available.  Go to www.pin.ed.gov to register.  This is open to parents and students, and is a quick application with fast response.

We recommend you the FAFSA 4caster, which is an online tool that will help you understand your options for paying for college. Provide some basic information and you will get an estimate of your eligibility for federal student aid. Your estimate will be shown in the “College Cost Worksheet” where you can also provide estimated amounts of other student aid and savings that can go towards your college education.
FAFSA Help Guide Book

Keep in mind, you will need this information on hand when you fill out the FAFSA:
• Your Social Security
• Your driver’s license (if you have one)
• Your parent’s Social Security Number
• Your parent’s driver’s license
• Your 2012 W-2 Forms and any other record of money earned
• Your 2012 Federal Income Tax Return
• Your Parents’ 2012 Federal Income Tax return
• Your current bank statements
• Your Parent’s current bank statements

OREGON PROMISE:

Oregon Promise is a state grant that helps to cover tuition costs at any Oregon community college for recent high school graduates and GED® test graduates. You can learn more in this video: Oregon Promise: Introduction & How to Apply. For more information visit: https://oregonstudentaid.gov/oregon-promise.aspx

You must meet all of the following criteria:

  • Complete an Oregon Promise Grant Application by the appropriate deadline
  • File a FAFSA or ORSAA application and list at least one Oregon community college
  • Be a recent Oregon high school graduate or GED® test graduate
  • Document a 2.50 cumulative high school GPA or higher; or a GED® test score of 145 or higher on each test
  • Plan to attend at least half-time at an Oregon community college within 6 months of high school graduation or GED® test graduation
  • Be an Oregon resident for at least 12 months prior to college attendance
  • Must not have more than 90 college credits completed or attempted
  • Expected Family Contribution (EFC): Students may be subject to eligibility requirements based on their EFC. EFC eligibility requirements are subject to change based on available funding.
    • For 2018-19, there is no EFC limit for Oregon Promise.
    • For 2019-20, EFC criteria has not been determined yet. All interested students are encouraged to apply for Oregon Promise by their deadline, regardless of their EFC.

 

Most students must apply for Oregon Promise during their senior year of high school.

Oregon Promise has rolling deadlines based on when the student graduates. The application is currently available for students graduating between July 1, 2018 – June 30, 2019.

View the deadlines table below, or use this tool to determine your deadline.

FIND YOUR DEADLINE
I am
graduating from:
I am graduating
during this time:
DEADLINE
to complete both:
Oregon Promise App.
& FAFSA or ORSAA
You must start
community college
by this term:
High School 
or Home School
March 1 – June 30 June 1 Fall
July 1 – Nov. 30 Nov. 1 Winter
Oct. 1 – Feb. 29 Feb. 1 Spring
GED®
Program
March 1 – June 30 July 5 Fall
July 1 – Nov. 30 Dec. 5 Winter
Oct. 1 – Feb. 29 March 5 Spring

DEADLINE NOTE: The deadline is 5:00 pm (PST or PDT). If a deadline falls on a weekend or holiday, it will automatically be extended to 5:00 pm (PST or PDT) on the following business day.

Graduates between Oct. 1 – Nov. 30 may apply for either Winter or Spring Term.

 

OTHER INFO:

Visual overview of financial aid process: visual.ly/financial-aid-process

Information on every aspect of financial aid, and helpful tools:  www.finaid.org

Discover the net price of college, beyond the “sticker price”: collegerealitycheck.com

Free tool helping students manage debt: www.saltmoney.org

Any questions please contact Molly Simoni in the College & Career Center at 503-668-8011 x7111 or molly.simoni@ortrail.k12.or.us.