Oakland Community College
Resources & Scholarships

Awards Available at OCC

Scholarships   •   Loans

FEDERAL PROGRAMS
PROGRAM NAME DEFINITION NEED BASED?  Year Maximum Re-Pay
Federal Pell Grant (FPELL) Gift assistance for students with exceptional financial need Yes Up to $5645 No
Federal Supplemental Educational Opportunity Grant (FSEOG) Gift assistance for students who demonstrate exceptional financial need. Priority is given to Pell Grant recipients. Yes $800 No
Federal Direct Stafford Subsidized Loan (Government pays accruing interest while you are in school).  Fixed rate 6.0% Loans made to students who demonstrate financial need. Yes Up to $3500
1st year

$4500
2nd year
Yes
Federal Direct Stafford Unsubsidized Loan (Student pays accruing interest while you are in school).  Fixed rate 6.8%. Loans made to students regardless of financial need. No Up to $3500
1st year

$4500
2nd year
Yes
Federal PLUS Loans (For parents of dependent students). Fixed rate 8.5% A loan available to parents to pay the educational expenses of their child. No Cost of Attendance Yes
Federal Work-Study (FWS) A work program provided to help students meet their college expenses. Yes $2000-$6000 No
STATE PROGRAMS (Michigan Residents Only)
Michigan Competitive Scholarship (MCS) A grant offered by the state to students with need and a composite score of 23 or above on the ACT test. Yes $100 - $1300 No
Michigan Tuition Incentive Program (TIP) For students whose families have received Medicaid from the Family Independence Agency (FIA). Must apply before graduation from high school or before receiving GED Yes Full In-District Tuition and Required Fees No
Michigan Education Savings Program (MESP)
For more information call 1-877-861-6377 or visit the web site at www.misaves.com
This program, offered through the Michigan Department of Treasury, provides families a flexible way to save for their children's education, at any qualified institution, by offering a choice of investment options, tax advantages, and low start-up costs No Max varies No
INSTITUTIONAL PROGRAMS (In-District Residents Only)
Trustee Award (TA) Grant funds provided by the OCC Board of Trustees to in-district students without an associate's degree Yes $800-$1000 No

Scholarships   •   Loans