Opportunity Grant Amount
(1)Intentionally left blank —Ed.
(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.
Rule 575-031-0025 — Opportunity Grant Amount,