Need-Based and Non Need-Based Financial Aid
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Financial aid is available from sources other than scholarship aid. Many students who do not qualify for academic scholarships still receive financial aid in the forms of grants, loans, or work opportunities. To apply for financial aid at ÃÛѨÊÓƵ, students must complete the Free Application for Federal Student Aid (FAFSA) and release the results to ÃÛѨÊÓƵ by listing the Federal school code, 003198.
The FAFSA form collects information to determine and calculate the Student Aid Index (SAI). The SAI is a dollar amount that is an evaluation and estimation of the family’s financial strength. The student’s SAI is subtracted from the student’s Cost of Attendance (COA) to determine the student’s “eligibility” for need-based financial aid.
ÃÛѨÊÓƵ, the U.S. Government, and the State of Oregon all offer sources of financial aid that ÃÛѨÊÓƵ can award if the student meets the eligibility requirements. Students must meet Satisfactory Academic Progress (SAP) for renewal of awards listed in this section, explained in the section headed “Satisfactory Academic Progress.”