Or. Admin. Code § 575-031-0025 - Opportunity Grant Amount
(1) When available
funding is not sufficient to cover the state share , the commission shall
calculate awards for all eligible students using a base award amount across all
segments. A tuition differential specific to the institutional segment the
student is attending shall be added to the base award. Award amounts will be
calculated annually based on available funds.
(a) The commission shall differentiate awards
based on an analysis of student need, provided that awards shall be the highest
for qualified students with the greatest financial need within a specific
institutional segment.
(b) The
Commission staff shall review the award tiers of the base and tuition
differential each biennium to ensure that combined with other state and federal
need-based aid the purchasing power of the highest need students is equitable
and consistent across segments.
(2) If the funding or participation level for
the program changes after award amounts are determined for an academic year,
the commission may adjust base award or tuition differential components or both
variables. The Commission shall, to the extent possible, reasonably make
proportional adjustments of awards between institutional segments the
Commission had previously set.
(3)
In the event Commission staff determine that the commission is unable to award
students based on the calculations described in sections (1) and (2) of this
rule, staff shall submit to the commission one or more proposals for
calculating student awards. Upon approval by the commission, staff shall award
students according to the approved calculation. Such approval shall be in
effect for the biennium of the academic year the approval first applies, unless
subsequently altered by the commission.
(4) The minimum Oregon Opportunity Grant
award shall be $100.
(5) 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.
(6) 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.
(7) In the event that the Commission
determines that the total funds available for the Oregon Opportunity Grant
program are not sufficient to award the full award amount to all qualified
students, the Commission may implement strategies to limit student awards while
maintaining awarding priorities as defined in OAR
575-031-0060, including:
(a) The Commission may limit awards to only
students who are enrolled full time;
(b) The commission may reduce awards across
all levels of student need, provided that the commission maintains the highest
award amounts for qualified students with the greatest financial need within a
specific institutional segment;
(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 to the student by an institution;
(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; or
(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.
Notes
Statutory/Other Authority: ORS 348
Statutes/Other Implemented: ORS 348 & SB 1552(2024) Section 15
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