The Oregon Office of Student Access and Commission (OSAC), provides Oregon students the ability to apply for numerous scholarships with one application and is the easiest, most efficient way to access Oregon scholarships.
The process for submitting an application begins in early fall. It is best to start as early as possible, so students can view all of the options available. In total, OSAC applicants can apply to more than 500 scholarships. View the list of Scholarships.
To get started, students can visit the OSAC website and begin the application.
The OSAC scholarship application has five major parts:
- Personal information
- School information
- Activities chart
- Four personal statements
- School transcripts
Depending on the scholarship the student is applying for, there may be extra steps that need to be taken to complete each, like additional essays or documents.
In order to receive an early review and chance to correct any errors, applications should be submitted by the Early Bird deadline of February 15. Error-free submissions will be entered in a drawing for a $1,000 Early Bird scholarship. The final deadline to submit the OSAC application is March 1. Students should plan ahead and work with their ASPIRE mentor to make sure their application is finalized by the deadline.
How are you paying for college? Scholarships are the best way to get FREE money.
In today’s world, when you hear the word free, it usually is too good to be true, but that is just what scholarships are – free money to use for your education after high school. Different than student loans, scholarships do not have to be repaid. Generally, scholarships are awarded based on criteria established by the donor.
Not convinced? Here are a few things scholarships can do for you:
- Help pay your college expenses including tuition and fees, room and board, books, and supplies
- Reduce your need to take on student loan debt and the amount of money you owe after graduation
- Honor your achievements by awarding you for a job-well-done
So how do you apply? There are thousands of types of scholarships available to students from all walks of life. Scholarships can be based on GPA, extracurricular interest, career interest, family background, ethnicity, geography, financial need, or type of schooling, just to name a few. Navigating and determining what scholarships are right for you can be challenging.
Your ASPIRE mentor will help you work smarter, not harder, throughout the application process by working with you through an activities list to stay on track with deadlines and helping you with essay review.
One place to start is by filling out the Oregon Office of Student Access and Completion (OSAC) scholarship application online, which has more than 450 scholarships in one application! OSAC awards more than $15 million in scholarships annually. Scholarship and award amounts range from $500 to $10,000 or more.
Log on to www.OregonStudentAid.gov to start applying today! Your ASPIRE mentor will help answer any questions you have about the application.
Now is the time for seniors to begin identifying the Cost of Attendance (COA) at the colleges of their choice and identifying the sources of funding to cover the COA. I have attached a draft of a workshop that sheds some light on the process. Prior to getting the College Financial Aid Award letter the senior and their family can begin forecasting possible sources of funding. Once the FAFSA is completed the senior should be able to identify the amount of need-based federal and state funding. Most seniors will not have all of their financial need met and will receive encouragement to pursue “external” scholarships. Seniors and their families need to be knowledgeable about how to report external scholarships to their colleges after receiving the College Financial Aid Letters.
The link below identifies some of the issues with external scholarships.
Click here: College Scholarships Aren’t Free Money – DailyFinance
Prior to accepting admission to a college the senior and their family need to discuss with the college how they wish for the external scholarship funds to be used. If you have three college award letters negotiating before accepting admission may impact your choice of college and you have more leverage in the negotiation. The family should get some advice on the strategy of what they wish the external scholarships to replace, for example, unsubsidized loans, subsidized loans, work-study, etc. If there is plenty of external scholarships the family may report to the college only 1/4 of the amount for each year of college. A family should plan for all four years of funding before they negotiate with the colleges. Attached is an EXCEL spreadsheet that assists in planning for all four years.
George A. Letchworth, Ph.D.
ASPIRE 4 year budget Excel Sheet
ASPIRE Workshop BUDGETING Cheat Sheet
What is financial aid? Financial aid is defined as any type of assistance used to pay college costs. The first step in helping students and parents understand financial aid is learning what types are available and the differences between them.
Financial aid can be one of four things:
- Grants: These are essentially free money that students apply for and do not need to be repaid. They are available through federal and state governments, state agencies, and individual colleges.
- Scholarships: There are many different types, but most scholarships do not need to be paid back. They are awarded based on requirements of the scholarship.
- Student Loans: Varying from other types of loans, federal student loans are specifically designed to offer lower interest rates. Private lenders also offer student loans, but these often incur higher interest rates.
- Work Study: A federal program, work study offers students part-time employment to help students meet their financial needs while providing work experience on campus or in the community.
Learn more from about financial aid options, here.
The search for financial aid can be a little bit difficult, especially when students are not sure where to look. These are just a few tips to help students find the right financial aid:
- Talk to the high school counselor or their ASPIRE mentor.
- Contact colleges of interest and speak with someone in the financial aid office.
- Use online resources such as those listed in ASPIRE’s Scholarship Database.
After learning and deciding which type of financial aid a student would like to use, the next step is to apply for it by using the Free Application for Federal Student Aid (FAFSA). This form is used to apply for many of the need-based financial aid programs offered by federal and state governments. To fill out the FASFA, students can go online (www.FASFA.gov) and follow the step-by-step instructions.
To learn more about financial aid and resources to prepare for college costs, visit the ASPIRE online search for financial aid.
For a quick reference, check out the Financial Aid A to Z Glossary.
Here is the link to the 2016-17 FAFSA on the Web Worksheet. Some of the ASPIRE sites might not be aware that it is now available. One of the changes is that the old PIN has been replaced by the FSA ID. When you apply for the FSA ID it is checked against your social security account and the process takes 2-3 days. The first page of the Worksheet explains how to get a FSA ID. If a family attends a FAFSA Completion Workshop and does not have FSA IDs they can save the application and go back into the account later when they have the FSA IDs and sign and submit the FAFSA.
Click here: https://fafsa.ed.gov/fotw1617/pdf/fafsaws16c.pdf
It is important to get the FAFSA submitted in the first week or two of January since the Oregon Opportunity Grant is “first come” and will probably be out of funds by late January.
George A. Letchworth, Ph.D.
There have been several changes made to the FAFSA this year and you should definitely be aware of them. The two biggest things to know are:
1.) The FAFSA Pin is out and the FSA ID is in.
2.) That the 2017-2018 application will be open October 2016, instead of January 2017.
The FAFSA has several reasons as to why they have made these changes, but the basis of these reasons is that they wanted the FAFSA to be easier and safer for users to access.
Whenever you used to enter your FAFSA pin, you would also have to enter very personal information to their website, like you full name and social security number. They felt that constantly having to enter this information was both uneccessary and risky. So, they created a system where you would indentify yourself with that information once to then get a user name and password to use whenever you have to sign in.
You can use your FSA ID:
- The FAFSA application:
- The National Student Loan Data System:
- Look at the history of all the aid you may have recieved over the years.
- Enterance Counseling, Exit Counseling, Promisary Notes, Etc.
- Agreement to Serve:
- Sign your ATS for the Teacher Education Assistance for College and Higher Education (TEACH) Grant Program
- My Federal Student Aid:
- Look at any federal aid you may have recieved and who your loan servicer is.
It should also be noted that if you are a dependent, aka your parents information is still required on your FAFSA, then they will also need to get a FSA ID as well. It is best if they apply for this themselves so they there is no confusion as to who they are or what their login information is.
Here is the link to apply for your FSA ID.
Timing is everything.
Or so the feds think. It also seems that most people seem to agree. The FAFSA application has traditionally opened Jan 1st, at midnight, for the aid of the year and the year following. (EX: Jan 2016 it opens, this application covers the 2016-2017 school year.) This has been the case for a while now, but starting in October 2016 that will all change.
Starting October, 2016 the FAFSA application for the 2017-2018 year will be open. They did this in part so that they would have more time to process and send in applications. They also did it so that the people who are filling out the appliation will already have the tax information they need to fill out their application. This means that the taxes that you file for 2015 will be used in your 2016-2017 and 2017-2018 FAFSA applications.
Uploading and waiting for your tax information will be a thing of the past. So mark your calendars for the FAFSAs early release: October 2016.
All in all, these changes are made to make accessing student aid as easy as possible. The feds and us here at ASPIRE/OSAC want nothing more than for you to be able to reach your full potential.
ASPIRE Media Specialist
There are tons of amazing resources out there that’s sole purpose is to help us assist our students. At ASPIRE we have a ton of resources here that are both digital and hard copy. Hopefully, all of you have already received those publications, but if you have not here is the link to where you can order them.
There are also several other sites and organizations that we partner with that offer amazing materials that you might want to hand out to your kids. The following list includes all of those organizations and a brief synopsis of how they might be helpful.
1.) FAFSA Publications: This is where you can find all things Financial Aid and FAFSA. This stuff is nice because it not only comes straight from the FAFSA website, but it also gives you an option to access them electronically. (The electronic versions can be found at THIS link.)
2.) ECMC Publications: The ECMC Opportunities booklet contains information to help high school students prepare for postsecondary education, choose a college, and apply for financial aid. Opportunities also covers financial aid issues such as filing a Free Application for Federal Student Aid (FAFSA), as well as types and sources of federal and state aid, and eligibility criteria.
3.) The Ford Family Foundation Publications: The Ford Family Foundation is a private, non-profit foundation located in Roseburg, Oregon. Started in 1957, the Foundation now manages initiatives and makes grants to public charities in small and mid-size communities in rural Oregon and Siskiyou County, California. The Mission of The Ford Family Foundation is to help individuals through organized learning opportunities to be contributing and successful citizens and to enhance the vitality of rural communities in Oregon and other states.