OSAC Scholarship Services – more than 320 scholarship programs

February 21, 2008
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OSAC Scholarship Services – more than 320 scholarship programs

Partnership of private funds and public administration that is unique in the U.S.

  • Administers or helps administer more than 320 privately funded scholarships.
  • Regular contact with all Oregon high schools.
  • Well-established relationships with financial aid administrators and business offices in all Oregon postsecondary institutions and in many throughout the nation.
  • Support from ASPIRE to help students with college planning and financial aid
  • Federal need analysis data for all Oregon residents received and processed at no cost
  • Streamlined, single combined form (paper and online) to apply for up to 20 programs

Services vary by program requirements, provided at a minimal cost to sponsors so that maximum funds are available for students:

  • Endowed funds – administered by OSAC, investment portfolios managed by Treasury.
  • Annual Programs – OSAC publicizes awards, processes applications, selects recipients, and makes disbursements from funds provided by the sponsor
  • Partner Programs -OSAC provides technical assistance in ranking applicants according to financial need and academic potential; partner manages funds, disbursements, and selection of recipients.
    • The Ford Family Foundation of Roseburg, Oregon, founded by Kenneth & Hallie Ford – a suite of five scholarship programs to reflect the Foundation’s mission “to help individuals through organized learning opportunities to be contributing and successful citizens.”
    • The Oregon Community Foundation -established in 1973, currently administers 900 charitable funds totaling more than $380 million. OCF and OSAC are partners in administering 150 scholarships for the benefit of Oregon students.

Number of scholarships increasing steadily

  • More 320 programs in 2004-05
  • For 2003-05 biennium: 65 new programs added totaling more than $20 million
  • For 2005-07 biennium: anticipate scholarships totaling $22.5 million

To learn more about the Scholarships Services programs click here

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