Financial Aid - Introduction
Financial Aid at Oklahoma City Community College
Oklahoma City Community College Office of Financial Aid serves as your gateway to the entire college financial aid process including:
- Required college financial aid forms
- Important college financial aid deadlines [154.12.1]
- Rules for how financial aid awards -- including college grants, student loans, college scholarships – can or cannot be combined
- Applying any financial aid received toward your college tuition and other college expenses
- Important options and financial aid for veterans now living and going to college in Oklahoma
It is important for families and students to know the range of costs associated with college attendance.
Direct Costs include tuition and fees, books and supplies at OCCC. Based on direct costs and probable changes for the 2014-2015 academic year, a student who enrolls in 12 credit hours each semester (fall/spring) or 24 credit hours a year will incur approximately $2,376 in tuition and fees. Books and supplies costs vary but could be $800 each semester or $1,600 for the academic year. Total direct costs will be about $3,976 for the year.
A student who files the Free Application for Federal Student Aid (FAFSA) would be eligible for some type of assistance (grant and/loan) to cover direct costs. Many students at OCCC receive a Pell Grant sufficient to cover direct costs. The maximum Pell Grant for a full-time student with the greatest financial need will be $5,730 for 2014-2015. Students who do not qualify for sufficient Pell Grant funds may borrow an amount to cover their direct costs. Students who receive a state or OCCC scholarship for tuition charges such as OKC-Go, Oklahoma's Promise, or High School scholarships will have reduced direct costs.
Indirect Costs are costs a student incurs that are not directly paid to the college but are incurred as a result of being a student. Indirect costs include transportation, room and board, and miscellaneous costs. These costs can be met with financial assistance funds remaining after direct costs are covered. Students who will need help to meet indirect costs will need to accept financial assistance offers to help with these additional expenses.
By filing the FAFSA each year, families and students are able to access a combination of federal, state, and college resources to meet most of their expenses. The net costs to the family to attend OCCC are minimal for those who seek available assistance. All families are strongly encouraged to file the FAFSA to enable the Financial Aid Office to determine their eligibility for most federal and state programs. Students should apply for tuition waivers each semester as a resource to reduce direct cost.
College Financial Aid Tips
Here are the three most important things to know about college financial aid:
Tip # 1: Complete the Free Application for Federal Student Aid (FAFSA). (http://www.fafsa.ed.gov/) In order for the Financial Aid Office at Oklahoma City Community College to receive your Student Aid Report, you must include OCCC’s FAFSA school code: 010391.
|Finish the FAFSA in Five (English version)||Finalizar la FAFSA en cinco (versión en español)|
Tip #2: You must send in a new FAFSA each year.
Because family financial conditions change based on work status, number of household members attending college and other considerations, the college financial aid process begins anew each year.
Tip #3: Because most kinds of financial aid are awarded on a first-come, first-served basis, the sooner you submit your FAFSA each calendar year the better.
To be considered for all possible financial aid for the 2014-2015 academic year, please submit your FAFSA before March 1, 2014. To ensure the Financial Aid Office has sufficient time to review your file and determine your eligibility for financial assistance before the semester begins, please submit your FAFSA before the following dates:
For the Fall 2013: May 31, 2014
For the Spring 2014: October 25, 2014
For the Summer 2014: April 25, 2015
Many students make the mistake of not applying for financial aid until they’ve made their final college decision. Because many college financial aid options are awarded on a first-come, first-served basis, we recommend new or returning students complete their FAFSA as early each calendar year as possible. The newest FAFSA is released after Jan. 1 each year.
Financial Aid Available to Oklahoma City Community College Students
Here is a recap of the kinds of financial aid for which you may qualify:
Federal College Financial Aid Options
- Federal Pell Grants: need-based college grants tied to both your level of college enrollment (full-time or part-time status) and your expected family contribution
- Federal Supplemental Educational Opportunity Grant (SEOG): need-based college grants available to students with the lowest expected family contribution
- Federal Work Study: need-based work programs, depending on funds availability, where students with at least a $750 financial need after other financial aid is applied are eligible for part-time jobs
- Federal Student Loans: low-interest loans to help pay for the cost of an education after high school
College Financial Aid Options in Oklahoma
- Oklahoma Tuition Aid Grant (OTAG): need-based program for students with an estimated family contribution of $1,700 or less
- Oklahoma’s Promise (OHLAP): full or partial scholarship for students who completed program requirements while in high school
Questions? Contact Oklahoma City Community College Financial Aid Office
Location: Main building, across from the testing center
Phone: (405) 682-7525
Monday 8:00 a.m. – 8:00 p.m.
Tuesday-Thursday 8:00 a.m. – 6:00 p.m.
Friday 8:00 a.m. – 5:00 p.m.