Financial Aid

Portland State's Financial Aid Office is here to help you apply for financial aid, understand your award, and manage your financial aid while you're at PSU. PSU awards federal, state, and institutional financial aid to more than 18,000 students each year.

Spring Term 2020 financial aid disbursement begins Friday March 20, 2020 for eligible students in good Satisfactory Academic Progress.

The Free Application for Federal Student Aid (FAFSA) is now available. This application is for fall term 2020 through summer term 2021.


Fall landscape of Fariborz Maseeh Hall

Apply for Financial Aid

Portland State University students should use the Free Application for Federal Student Aid (FAFSA) to apply for financial aid. If you are not eligible to submit the FAFSA, you can submit the Oregon Student Aid Application (ORSAA).

Awarding

After you submit your FAFSA, your financial aid applications are processed by the Financial Aid Office. You are then sent a financial aid award with all of the types the aid for which you are eligible. In general, the financially neediest applicants who apply by February 1 are awarded grants, loans, and work study; the least financially needy applicants are only awarded federal student loans.

Eligibility

Eligibility for most aid is based on federally defined need via the Free Application for Federal Student Aid (FAFSA). Eligibility for some kinds of aid is also based on high school or college grades, enrollment level (full-time or part-time), class standing (freshman, sophomore, etc.), academic major, state of legal residence, and other factors.

Disbursement

Spring Term 2020 financial aid disbursement begins Friday, March 20, 2020 for eligible students in good Satisfactory Academic Progress standing who have submitted all requested documents and who are enrolled in the correct number of credit hours stated in their financial aid enrollment plan.


Types of Aid


Confidentiality

All Student records are handled within federal privacy guidelines referred to as FERPA guidelines. Only the student is authorized to receive information related to his or her student records via phone, email or in person by presenting an official ID. All non-directory information is strictly protected and will not be shared with anyone besides the student.

Students can authorize all or limited information to be shared with a parent, a spouse/partner, or an outside agency. Students must complete the Consent to Release Non-Directory Information form and submit it to the PSU Office of Student Financial Aid prior to any information being released.

This authorization can be an ongoing or a one-time release of information and may be revoked at any time by the student in writing.