Current through Register Vol. 63, No. 9, September 1, 2024
(1)
(a) For students attending a public 2- or
4-year Oregon-based postsecondary institution, award amounts prior to the
2008-09 academic year are based upon a fixed percentage of the average tuition
and standard fees plus the weighted average of nontuition costs across all
institutional segments.
(b) For
students attending a private nonprofit 4-year Oregon-based postsecondary
institution, award amounts prior to the 2008-09 academic year are based upon a
fixed percentage of the average tuition and standard fees at each institution
plus the weighted average of nontuition costs across all institutional
segments.
(c) An Oregon
Opportunity Grant may vary in amount from $100 to an annual maximum award
amount, as determined by the Commission.
(d) Effective starting with the 2008-09
academic year, an Oregon Opportunity Grant is based upon the state share, as
calculated under provisions of the Shared Responsibility Model.
(2) Within the funds available, an
Oregon Opportunity Grant for a student who is taking from 6 to 11 credit hours
in a term or semester shall be 50 percent of the award made to a full-time
student enrolled at the same institution.
(3) For concurrently enrolled students, the
amount of the Oregon Opportunity Grant will be based on the school disbursing
funds, unless otherwise approved by the Commission.
(4) In the event that the Commission
determines that the total amount available to award as the state share to all
qualified students is not sufficient to cover the total state share amount
scheduled to be awarded to all students, the Commission will implement one or
more of the following strategies to limit awards. Examples of such strategies
may include, but are not limited to, the following:
(a) The Commission may limit awards to only
students who are enrolled full time;
(b) The Commission may implement reductions
of all awards using progressive prorata reductions based on a percentage of the
student's expected family contribution;
(c) The Commission may prescribe a specific
date by which a student must apply to the Commission to qualify for a grant and
may prescribe an additional date by which the award must be disbursed by school
officials to the student.
(d) The
Commission may make per capita reductions to future student grants if
appropriations are determined to be inadequate to the needs of all eligible
students whose applications are received by the announced application deadline
for a specific academic year. When future disbursements of student grants are
reduced, the Commission will provide notification it deems adequate, to college
and university financial aid offices and affected students.
(e) The Commission may base a recipient's
maximum authorized award each term on the recipient's fall-term enrollment
status if funds are not available to award grants to all qualified students
whose applications are received by the announced application deadline for a
specific academic year.
(f) The
Commission may prioritize awards to qualified students with the greatest
financial need or whose circumstances would enhance the promotion of equity
guidelines published by the Commission.
(5) Awards for continuing students who first
received an Oregon Opportunity Grant in 2015-16. Notwithstanding paragraph
(1)(d) above, the Commission may authorize awards for qualified students who
attended an eligible postsecondary institution at least half time during the
2015-16 academic year and remain continuously enrolled at least half time at an
eligible Oregon postsecondary institution if the students continue to qualify
for an Oregon Opportunity Grant according to awarding procedures used for the
2015-16 academic year.
Stat. Auth.: ORS 348
Stats. Implemented: ORS
348
