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Scholarships are considered to be “gift aid” because there is no requirement
to repay or to work in exchange for the funds.
Ron and Myrtle Mason Scholarship
Eligibility Requirements:
- Students must be at least ¼ Native American heritage;
- Students must be an incoming freshman or returning sophomore student
[not a transfer student];
- Determined on basis of scholastic achievement, community service and tribal
service;
- Preference will be given to Ron and Myrtle Mason relatives [documented].
Available Amounts:
Masami Foods Scholarship
Eligibility Requirements:
- Students must demonstrate financial need through a written statement;
- Students must be a resident of Klamath or Lake County , OR, or a resident of
Modoc or Siskiyou County, CA;
- Not limited to employees or dependents of Masami Foods, Inc..
Additional scholarships are available. Contact Student Services for
information on other scholarships.
Federal Loan Programs
Loans are considered to be “self help” and require repayment. There are several
different types of loan programs available to students and these include the Federal
Stafford Subsidized Loan, Federal Stafford Unsubsidized Loan, and the Federal
PLUS loan.
Stafford Subsidized Loan
- The Subsidized Stafford Loan is a fixed interest loan awarded on financial
need. If students qualify, the federal government PAYS the interest on
the students’ loans while they are in school, during a six-month grace period
after they leave school or drop below half-time enrollment, and during any
period of authorized deferment [postponement of payment];
- The anticipated interest rate for 2008-2009 is fixed at 6.8%.
Annual Loan Limits:
- Students may borrow up to $3,500 if they are a first-year, undergraduate
student;
- Students may borrow up to $4,500 if they are a second-year, undergraduate
student.
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