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. Students must submit a Free Application for Federal Student Aid each year in order to receive aid. To apply, visit

Click here for a step-by-step PowerPoint on how to fill out the 17/18 FAFSA. 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 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 (for the 17/18 school year, this would be your (or your parents') 2015 income), 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 thousand of scholarships from many 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 provides grants to new high school graduates and GED recipients who begin community college classes in the fall of 2016. The program is administered by the Higher Education Coordinating Commission.

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

Veteran Benefits: Instructions to access veteran's educational benefits.

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

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 Undocumented Students: Financial aid for undocumented students is limited, the Federal Student Aid questions and answers documents provides great resources for students. Undocumented students are eligible for Oregon Opportunity Grant, Oregon Promise, BMCC foundation scholarships, and many private scholarships. Please contact the Financial Aid office for information.

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.

SALT® : BMCC offers a free membership program to help our current student and alumni manage their money and student loans. SALT makes it simple to take control of finances, helping college students and alums live well today while planning for tomorrow. (And it's FREE!)

Activating the FREE membership allows students to take advantage of members-only features, like:

  • Scholarship search to literally millions of scholarship dollars. 
  • Interactive money management tools that show how to take control of finances.
  • personal dashboard that tracks individual federal student loans in one place.
  • Loan advice from SALT’s expert counselors.
  • SALT courses (formerly My Money 101)—a self-paced, online resource that teaches practical money management strategies for budgeting, credit cards, banking and more.
  • Access to thousands of jobs and internships to jumpstart one's career.
  • Exclusive benefits that help save and spend smart.

Please log on and activate the SALT® account to take advantage of all its great benefits. For any questions contact SALT’s Member Support team at 855.469.2724 or at Talk To Us. Also see the SALT® frequently asked questions.