Type of Financial Assistance

Federal PELL Grant
Students are automatically considered for this grant when they complete the Free Application for Federal Student Aid ( FAFSA) at www.fafsa.ed.gov. The Department of Education will determine your Expected Family Contribution (EFC) which is used to determine your eligibility for a PELL and the amount of your award. The maximum PELL award for 2008/09 is $4,731 (was $4,310 for 2007/08). Students may receive a PELL as long as they are in at least 1 class that will go towards their intended degree or certificate. Go to fafsa4caster to estimate your PELL award.


Federal Supplemental Educational Opportunity Grant (FSEOG)
Students are automatically considered for this grant when they complete the Free Application for Federal Student Aid ( FAFSA) at www.fafsa.ed.gov. The maximum award for 2008/09 is $450 (the same as 2007/08). Since these funds are limited, they are awarded on a priority basis, with priority given to PELL eligible students with $0 EFC on a first come, first served basis. Students who have completed their files by May are most likely to receive these funds. Students must be attending at least ½ time to be awarded FSEOG.

Federal Academic Competitiveness Grant (ACG)
Students who are PELL eligible and have completed a FAFSA will be notified if they might be eligible for this grant. Student whom have met the basic criteria will be asked to complete an Eligibility Worksheet and submit high school transcripts to verify they completed a “Rigorous Curriculum” in high school. Details are available on the ACG website. For academic year 2008/09 the maximum grant for a freshman is $750 and a sophomore is $1,300 (the same as 2007/08).

Oregon Opportunity Grant (OOG)
This grant is provided by the State of Oregon to eligible students taking at least 6 credits. To qualify students must meet income qualifications and have been a resident of the state of Oregon at least one year prior to the beginning of the academic year. The Oregon Student Assistance Commission determines students’ eligibility for this grant based on the student’s FAFSA information.

The maximum award for the 2007/08 academic year is $1,470. Half time students receive half the award amount. Maximum award amounts have increased dramatically, to $2,600, for the 2008/09 academic year. To find out what your 2008-09 award might be, use the Estimator.

BMCC Talent Scholarships/Tuition Waivers
BMCC awards talent scholarships every year to students for athletics, music, drama and agriculture. Area high school students are invited to compete for BMCC academic scholarships each Spring and can find that application form on the BMCC Scholarship page. BMCC and the local Education Services District (ESD) co-sponsor Career Days where students can participate in skills competitions each Spring for a chance to win a BMCC Tuition Waiver.

Oregon Scholarships (OSAC)
The Oregon Student Assistance Commission manages a large number of private foundation scholarships which allows the student to complete one application while competing for multiple scholarships. Click on the OSAC link to go to their website where you can find help learning how to plan for college, pay for college and manage your debt.

BMCC Foundation Scholarships
In addition to seeking funding from community members in order to fund scholarships for BMCC students, the Foundation maintains lists of other local scholarships that students can apply for. Click on the above link to go to a page that will list all BMCC Foundation Scholarships, as well as other scholarships we are made aware of that might benefit our students.

Loans
BMCC administers multiple loan programs for students to help them meet their educational expenses. Those available through Title IV and available to students who have completed a FAFSA are:

  •   Federal Subsidized Stafford Loan
  •   Federal Unsubsidized Stafford Loan
  •   Federal "PLUS" program (for parents of dependent students)

In addition, BMCC offers emergency loans for students who may be unable to purchase their books while they wait for the financial aid disbursement.

Veterans' Benefits
In addition to administering Veteran’s Educational benefits, BMCC offers a couple of tuition waiver programs for veteran’s and/or their immediate family members. Click on the above link to see what might be available for you.

Student Employment
BMCC offers a variety of employment opportunities for students, through the Title IV Federal Work Study program and the BMCC general fund. Students can view the available jobs on the Student Employment web page and follow the step-by-step instructions for applying for these positions.

Child Care
The state of Oregon administers child care subsidies, which are mangaed by the Oregon Student Assistance Commission (OSAC). Click on the Child Care link above to learn more about this benefit.