Oregon Code § 348.005·Enacted ·Last updated March 01, 2026
Statute Text
Policy
on student financial aid.
(1) The Legislative Assembly finds that:
(a) The State of
Oregon can achieve its full economic and social potential only if all
Oregonians have the opportunity to contribute to the full extent of their
capabilities and only when financial barriers to their educational goals are
removed;
(b) All
Oregonians who meet the appropriate admissions requirements should be able to
attend any community college, public university listed in ORS 352.002 or
independent not-for-profit institution of post-secondary education regardless
of individual economic or social circumstances;
(c) The interests
of this state are best served when public subsidies supporting college students
are distributed fairly, equitably and consciously to ensure maximum access and
choice for all Oregonians at the least cost to the taxpayers;
(d) Need-based
student financial aid is an effective, efficient and essential means of
assisting Oregonians who are unable to afford the full cost of higher
education;
(e) Student
financial aid allows Oregonians with limited resources to select academic
programs based on their interests, aptitudes and career goals;
(f) Student
financial aid encourages and permits capable and promising Oregonians to
persist in their education and training within this state; and
(g) By assisting
Oregonians in this manner, student financial aid contributes to the quality of
life of each Oregonian and to the social, cultural and economic well-being of
all Oregonians.
(2) It is the
intention of the Legislative Assembly to establish financial assistance
programs to enable qualified Oregonians who need student aid to obtain
post-secondary education in Oregons community colleges, public universities or
independent not-for-profit institutions of post-secondary education. [1993
c.239 §1; 2005 c.22 §242; 2011 c.637 §134]
Plain English Explanation
This Oregon statute addresses Policy
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 348.005
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
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