Paying for College

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There is financial aid available from a variety of sources: federal and state grants (Pell, FSEOG, Oregon Opportunity Grant (OOG), Oregon Promise), scholarships, student employment, and loans.

Sources and Types of Aid

FAFSA: The first step must be to complete the FAFSA or the ORSAA. Students must submit a Free Application for Federal Student Aid each year in order to receive aid. To apply, visit www.fafsa.gov.

Step-by-step PowerPoint on how to fill out the 17/18 FAFSA or the 18/19 FAFSA.

ORSAA (Oregon Student Aid Application)- The ORSAA is an alternative to the FAFSA for undocumented Oregon students, including students who have Deferred Action for Childhood Arrivals (DACA) status or Temporary Protected Status (TPS.) Students can potentially qualify for the Oregon Promise and/or Oregon Opportunity Grant.

By completing the FAFSA you will have access to the following types of federal financial aid:

Pell Grant- Awarded to undergraduate students who have not earned a bachelor's or a professional degree.

FSEOG (Federal Supplemental Educational Opportunity Grant) - BMCC awards FSEOG funds based on FAFSA's Expected Family Contribution (EFC) and the date the student completed the financial aid application process. Qualifying students are awarded a maximum of $450 per the academic year (Summer and Fall = $113, Winter and Spring= $112) have a zero EFC, and 2) have an enrollment status of at least 6 credits during the awarding term.

Federal Stafford Loans (Subsidized, Unsubsidized, and Plus)

Federal Work-study- BMCC offers a variety of employment opportunities through the Federal Work-Study Program. Read the BMCC's Work-Study procedure and visit the student employment page for more details.

Professional Judgment (PJ): When submitting the FAFSA, the student's household income and asset information are used to calculate the Expected Family Contribution (EFC). The Financial Aid administrator may use a PJ on a case-by-case basis only to adjust a student's cost of attendance or the data used to calculate the EFC if the student's current situation has significantly changed (ex: loss of income, death of a spouse, divorce or separation). If your household income and financial situation has changed significantly from the previous year, you may submit a Professional Judgment to request that your current income be used to determine your eligibility.  Please complete the Income Adjustment Petition if you feel you may qualify.

Scholarships: There are thousands of scholarships from various organizations. The BMCC Foundation and Student Financial Aid office attempt to post all internal and external scholarship opportunities.

Student Employment: BMCC offers a variety of employment opportunities through the Federal Work-Study Program and BMCC General Fund. Students can view available jobs on the web page and follow the step-by-step instructions for applying for the positions.

Oregon Opportunity Grant: The Oregon Opportunity Grant (OOG) is Oregon's largest state-funded need-based grant program for students planning to go to college. Students must complete the FAFSA or the ORSAA to apply.

Oregon Promise: The Oregon Promise is a state grant that helps to cover most tuition costs for recent high school graduates and GED recipients. The program is administered by the Higher Education Coordinating Commission. Students must complete the FAFSA or the ORSAA and the Oregon Promise application to apply.

Loans: A loan is borrowed money that must be paid back with interest that is accrued. Student loans can come from the federal government or from private sources such as a bank or financial institution.

Veteran Benefits: BMCC assists student Veterans apply and access their educational Veteran's Benefits.

Military/Service Members and Family Members: BMCC welcomes and supports Veterans who have served, or are currently serving, in any brand of the US Military; as well as their family members.

Private Loans: These are nonfederal loans, made by a lender such a bank, credit union, state agency, or a school.

Other Important Information and Resources

Financial Aid for DACA/Undocumented Students: Financial aid for undocumented students is limited, it includes the Oregon Opportunity Grant, Oregon Promise, BMCC foundation scholarships, and many private scholarships.

Deferred Tuition Installment Plan: The Tuition Installment Plan is designed to assist students in paying tuition and fees by setting a reasonable timetable and structure for payment.

Emergency Book Loan: Student emergency book loans are designed to assist BMCC students in the time period between the start of classes and financial assistance disbursement and is primarily for the purpose of providing students a book voucher (for books only) to take to the BMCC Bookstore to purchase books and be ready for classes.

i3 Group: BMCC offers a free membership program to help our current student and alumni manage their money and student loans. The i3 Group is a counseling service that will answer questions as well as assist current and former students with their Federal Student Loans.