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Idaho Opportunity Scholarship

Description

The Idaho Opportunity scholarship is awarded to Idaho residents that have graduated, or will graduate, from an Idaho high school, Idaho home school, or who passes a GED/HSE test in Idaho. Applicants must have AT LEAST a 2.7 GPA. This scholarship is available to both new and renewal students.

Free Application for Federal Student Aid (FAFSA) required by March 1

Complete Your General Application

Eligibility Requirements

The Idaho Opportunity Scholarship awards up to $3,500 per academic year and is renewable for up to four years.

To qualify for this scholarship, applicants must meet all of the following criteria:

  • Have an unweighted, cumulative GPA of at least 2.7
  • Be an Idaho resident
  • Graduated or will graduate from an Idaho high school, Idaho home school, or its equivalent (GED/HSE from Idaho)
  • Must attend during the upcoming academic year (fall semester)
  • Must pursue a certificate, associate’s degree, or first bachelor’s degree
  • Complete a Free Application for Federal Student Aid (FAFSA) by March 1
  • Maintain satisfactory academic standing as specified in program rules
  • Must Attend one of these eligible idaho colleges or universities (View Schools)

FAQ

It is not. The GPA requirement is set in Administrative Code and exceptions cannot be made.

The Opportunity Scholarship is need-based, which means 70% of the score given to students’ applications are based on the EFC (Expected Family Contribution) from the FAFSA and 30% is based on students’ GPAs. A final score is calculated based on the combined need score and the merit score. Applications are then ranked from highest to lowest, based on the final score. The number of scholarships offered is based on how much funding is available that year.

The Opportunity Scholarship is a “last dollars” award, meaning it is to assist in filling in the gap in your cost of attendance after other scholarships and grants. If you have other scholarships and grants that come close to meeting your cost of attendance, your Opportunity Scholarship will be reduced so you do not exceed your cost of attendance. Keep in mind that Northwest Nazarene University and College of Idaho are required to the state average cost of attendance when making awards, which is $22,100 for the 2020-21 academic year.

Yes, you can take a leave. Leave requests must be submitted in writing to joy.miller@osbe.idaho.gov 60 days before the semester that your leave begins. You must not be enrolled while on leave. Leaves of absence can be taken for one semester or up to two years.

If you leave mid-year (spring), you are responsible for half of the credits (9 or 12 depending on the school). This means that you must have earned those credits before taking leave to be eligible to renew. If you return from the LOA and want to return to school for the mid-year (spring) semester you are responsible for half of the credits to be completed by Fall.

In order to be eligible for renewal you must meet the following requirements:

  • Credit requirement (18 credits for two-year institutions and 24 credits for four-year institutions)
  • Maintain a minimum grade point average of 2.7 while receiving the scholarship.
  • Be meeting satisfactory academic progress with your institution.

You must fill out the renewal confirmation/questionnaire no later than March 1 each year you wish to renew.

These institutions are required to use the average cost of attendance of the four-year public institutions in Idaho when calculating award amounts, which can be significantly lower than their actual cost of attendance. Many students at these institutions have institutional aid and scholarships up to or even in excess of the cost of attendance they are required to use, which means they are required to reduce the Opportunity Scholarship to $0. You should still renew your award, since your situation could be very different next year.

Graduation plans are required for all Opportunity students who have attempted or completed more than 100 college credits, as per the rule 101.04.b

Please log in at https://scholarships.idaho.gov/ with your login information. Then click on “programs”. The Graduation Plan is located within the Scholarship Management Forms.

It depends on the institution. Some institutions award earlier in the summer than others. If you are not awarded by the end of September, please email ScholarshipHelp@osbe.idaho.gov.

Summer credits can be used to make up deficiencies from the previous fall and spring terms. You must complete the required number of credits for your post-secondary institution during the academic year, which runs from fall to summer. The required number of credits are as follows:

  • 18 credits per year for College of Southern Idaho, College of Western Idaho, College of Eastern Idaho, and North Idaho College.
  • 24 credits per year for Lewis-Clark State College, University of Idaho, Boise State University, Idaho State University, Brigham Young University-Idaho, Northwest Nazarene University, and College of Idaho.
  • For Opportunity Adult Learner recipients, you must complete the number of credits you were awarded for:
  • 6-8 credits: up to $875/semester
  • 9-11 credits: up to $1,312/semester
  • 12+ credits: up to $1,750/semester
  • If you switched institutions mid-year, you are held to the number of credits at the institution you started at in the fall.

You can receive a disbursement in the summer if you have not met your $3,500 maximum yearly amount.

Awardees will receive up to $3,500 each year for up to four years. The institution where the student attends will determine the actual award amount. The Financial Aid Offices at these institutions will look at your cost of attendance (or the state-set cost of attendance, whichever is lower) and whatever is left after grants and other scholarships is what awardees can be awarded, up to $3,500. If a student’s tuition and fees are less than $3,500 for the year, the funds awarded to them will be reduced to that amount.