Or. Admin. R. 575-105-0015 - Grant Amount
(1) The Commission
shall provide a qualified student with an award calculated in the following
manner:
(a) For an undergraduate student
attending an Oregon public university listed in ORS
352.002,
Oregon Health and Science University, or an Oregon community college
established under ORS Chapter 341, the Commission shall provide an award equal
to and not to exceed the average cost of attendance , as calculated by the
eligible institution at which the student enrolls, reduced by the amount of
state and federal educational grant and scholarship aid available to such
student. The total award of combined resources shall not exceed the cost of
attendance .
(b) For an
undergraduate student attending a qualifying non-public institution, the
commission shall provide an award equal to the average cost of attendance of
the highest cost institution, reduced by the amount of state and federal
educational and scholarship aid available to such student, in the equivalent
public institution sector as follows:
(A) If
such student is attending a qualifying four-year non-public university, the
public university listed in ORS
352.002
with the highest undergraduate average cost of attendance .
(B) If such student is attending a qualifying
two-year non-public institution, the community college operated under ORS
chapter 341 with the highest average cost of attendance .
(c) For a graduate student enrolled in a
master's degree seeking program, the Commission shall provide an award equal to
the average cost of attendance reduced by the amount of institutional assistant
aid, state and federal educational grants, and scholarship aid available to
such student. The award shall not exceed the highest average undergraduate cost
of attendance at an Oregon public university listed in ORS
352.002.
The total award of combined resources shall not exceed the cost of
attendance .
(d) Priority
consideration for funding graduate students shall be given first to students
who are enrolled in a master's degree seeking program.
(e) Should funding be available after
awarding applicants at the undergraduate and master's level the commission may
review and consider partial or full awards to students in either professional
or doctoral programs of study, and/or graduate certificates. For a student who
is enrolled in either professional or doctoral degree seeking program and/or
graduate certificates who has been determined to be eligible to receive grant
funding as determined by subsection (1)(c) of this section, the Commission
shall provide an award equal to the average cost of attendance reduced by the
amount of institutional assistant aid, state and federal educational grants,
and scholarship aid available to such student, not to exceed the highest
average undergraduate cost of attendance at an Oregon public university listed
in ORS
352.002.
The total award of combined resources shall not exceed the cost of
attendance .
(2)
Exemptions to required student aid reductions to the grant award:
(a) Grants and scholarships awarded by an
Oregon federally recognized tribe as defined under ORS
182.162.
(b) Educational funding provided by the
United States Department of Veteran Affairs.
(c) Federal or private student loans offered
to the student .
(d) Other federally
excluded student financial assistance.
(3) Prior to the start of the fall term of
each academic year, the Commission shall determine whether moneys available to
the Commission are sufficient to award a grant under this section to each
eligible student . If appropriate, the Commission shall prioritize as follows:
(a) renewing prior recipients, supporting
their completion;
(b) new
undergraduate students; and then
(c) all other applicants as funding
permits.
(4) On the basis
of any determination under Section (3), the Commission may:
(a) Limit eligibility to receive a grant
under this section to a person using alternate methodology, as determined by
the commission by rule, if available funding is at or below a level the
Commission determines is necessary to allow the commission to operate the grant
program under this section with available moneys; or
(b) Reduce or eliminate any limitation on
eligibility previously imposed by the Commission under paragraph (a) of this
subsection.
(5) If at any
time the Commission determines that moneys available to the commission are
insufficient to provide a grant under this section to each eligible person, the
Commission may decrease the total amount of the grant awarded to each
recipient.
Notes
Statutory/Other Authority: 350.075 & 2022 Oregon Laws Chapter 110
Statutes/Other Implemented: 2022 Oregon Laws Chapter 110
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