Financial Aid Self-Service
Financial Aid Self-Service, accessible through MYOCC, provides information on the
financial aid application as well as the financial aid offer status. Students can
view each step of the application process. Status indicators show which requirements
have been met, recent activity, missing documents, and other requirements. Satisfactory
Academic Progress (SAP) notifications help students understand when current status
affects their aid.
Online Financial Aid offer allows students to review and accept awards through the
self-service tool. All awards are based on full-time enrollment of at least 12 credits.
Your awards will be disbursed based on your actual enrollment.
Example: Student with zero (0) Expected Family Contribution (EFC) –Pell Eligible –fall
12+ eligible credit hours = $3248
9-12 eligible credit hours = $2436
6-8 eligible credit hours = $1,624
1-5 eligible credit hours = $812
Academic Plan of Study
Financial Aid students must select an eligible Academic Plan of Study. You will be
ineligible to receive federal financial aid until an eligible program is selected.
Schedule an appointment with OCC Counseling to receive academic guidance. An email
will be sent to you if your classes are not part of your Academic Plan of Study. This
will allow you to change your registration; however, if you take classes not included
in your Academic Plan of Study, you may NOT receive financial aid to cover these classes.
You may have to pay for these classes from other sources.
Tax Returns and Verifications of Non-filing
IRS tax return transcript for the student and spouse or parents will be accepted,
as applicable. Federal Tax Return transcripts submitted do not need to be signed by
the tax filer unless you have reason to doubt their authenticity.
Students can also submit a copy of the Federal Tax Return and any applicable schedules.
The institution can accept a paper or electronic copy of the return as long as it
contains a signature of the filer.
Non-tax filer (student, parent or spouse) must (except dependent students) submit
a "Verification of Non-filing (VNF) Letter" from the IRS dated on or after October
1, attesting that he or she did not file an IRS tax return. Individuals who can't
get a VNF letter from the IRS may instead submit a signed statement as long as the
school has no reason to question the student's or family's good-faith effort to acquire
Tuition and Payment
- Oakland Community College (OCC) tuition is based on Billable Contact Hours (total
- Student financial aid is paid based on credit hours. Federal regulations do not permit
payment based on billable hours.
What is an Electronic Book Voucher
The Electronic Book Voucher is an online account of the money available to purchase
your books and supplies. The account is updated each night to reflect current balances
for the following business day. The maximum bookstore expenditure cannot exceed $1,200
per semester - no exceptions. Money not used in the Raiders Store (OCC Bookstore)
will be disbursed to you after the 100% refund period, according to the Check Refund
Disbursement Schedule, located on the OCC website. You may add up to $400 on your
Raider One card to be used for other education-related expenses incurred while attending
OCC. This may be done by completing an iROC Cash Transfer Request at any of campus
What if I do not want an Electronic Book Voucher?
You may find it advantageous to utilize the Electronic Book Voucher, given the fact
that most of the books you will need for your classes are available in the Raiders
Store. The Electronic Book Voucher also allows you to purchase books while awaiting
your financial aid refund (reflecting the difference between tuition/fees and your
aid), which is deposited into your account approximately three weeks after the semester
begins. If you choose not to use the Electronic Book Voucher, you may purchase your
books by cash/credit card from the bookstore or another provider.
Financial Aid Disbursements
Financial aid will be disbursed based on enrollment level consistent with the start
date of the courses. Courses taught in modules/less than 15 weeks will have aid disbursed
according to the start date of the courses.
Students must be enrolled for at least six credits to receive a loan. Loans funds
will not be disbursed until 30 days from the beginning of the semester. Loan fees
are deducted from the loan amount.
Example (approximate course start dates):
Class 1 = 15 weeks, 3 credits September 7, 2021
Class 2 = 8 weeks, 3 credits September 7, 2021
Class 3 = 7 weeks, 3 credits November 15, 2021
In the example (above), the first disbursement will be based on six credits, only.
Grant aid will be disbursed at the end of September 2020. Loan funds, if applicable,
will not be disbursed until 30 days from the beginning of the semester.
Aid for Class 3 will be paid after November 15, increasing the amount to cover three
additional credits. Refunds, if applicable, will be granted to student.
Tuition, fees, and bookstore charges are paid before any student refunds are generated.
Financial Aid Refunds
A financial aid refund is generated when the total sum of all payments (financial
aid, excluding FWS, credit card payments, etc.) exceed the total sum of all charges
(books, supplies, fees, certain tuition charges, etc.). The student refund belongs
to the student to use for education-related expenses.
To avoid exhausting your refund before the semester ends, you will have to budget
your financial aid award money wisely. For budgeting tips and information on effective
money management, visit our online Financial Literacy Modules at Financial Avenue Access code: oak123
The Refund Schedule is posted on the web at the beginning of each semester.
If you want to get your refund faster, sign up for direct deposit. Information available
on MyOCC, Student Menu, Financial Profile. You must enter your bank information. You will
remain signed up for direct deposit until you cancel the authorization.
INELIGIBLE CLASSES - NOT COVERED BY FEDERAL STUDENT FINANCIAL AID
Federal Title IV Aid (Federal Pell Grant, Federal SEOG, Federal Direct Student Loans,
and Federal Work-Study) does not cover the following developmental courses at Oakland
- ENGLISH 1055
- COMPUTER INFORMATION SYSTEMS 1000
- MATHEMATICS 1045
- MATHEMATICS 1050
Some State, institutional, and private funding (TIP, MCS, Trustee Award, etc.) may
cover these courses. Veteran’s benefits will cover classes approved on the VA Academic
Plan of Study.
RETURN TO TITLE IV (R2T4)/SATISFACTORY ACADEMIC PROGRESS (SAP)
Financial aid funds are awarded to students for the purpose of receiving a degree
or certificate. When a financial aid student finds it necessary to withdraw or stop
attending, it important to meet with a financial aid manager to discuss the consequences
of leaving school.
When a student completely withdrawals or stops attending (according to instructor
records) before the end of the period of enrollment, a calculation is applied to determine
the amount of “earned” financial assistance. The Return to Title IV calculation will
determine how much money, if any the student owes to the Department of Education.
If a student did not complete more than 60% of the period of enrollment, the calculation
will determine the amount of funds to be returned/paid by the student. If a student
completes more than 60% of the period of enrollment, 100% of the federal aid is considered
When a student registers for classes, it is expected that s/he will attend the classes.
The N Mark is assigned when a student fails to attend class(es). All financial aid
money must be returned to the Department of Education. If you received money you are
not entitled to receive, you will have to repay the money.
All unpaid balances are referred to a collection agency for repayment. You will not
be allowed to register for classes at OCC until the balance is paid in full or satisfactory
repayment arrangements are made with the Financial Services Department. Unpaid balances
may be referred to the Department of Education. You will not be able to receive aid
from any higher education institution until satisfactory financial arrangements are
made with the Department of Education. In addition, N Marks (Never Attended) are reported
to the National Student Loan Data System (NSLDS) which will impact your repayment status for student loans.
Year-Round Pell (YRP)
A Pell Grant-eligible student may receive a full Federal Pell Grant for the summer
semester even if they received a full Federal Pell Grant during the fall (12 credits)
and winter (12 credits) semesters.
Pell Grant recipients may take advantage of this new regulation to earn their degree
faster. Students should consult with their academic counselor to develop a manageable
course load for the summer semester. Students are required to take at least six eligible
credits during summer. For more information, visit Year-Round Pell.
Federal Work-Study (FWS)
You do not have to graduate/leave school with debt. Make FWS your first choice, if
eligible, after receiving your grants. Even if you have employment, you may find a
FWS job with a range up to 20 hours per week.
If you are working for a non-profit agency or for-profit organization (limited number),
tell us about them. We may be able to approve them as a FWS employer, which means
you can continue to work and earn your FWS award with them.
Students on Federal Work-Study must be enrolled for at least six (6) credits. On campus
FWS students are paid every two weeks based on the hours worked on their time sheet,
which must be approved by their FWS supervisor. Students who work off-campus are paid
regularly through their employer on their employer's payment schedule. Off-campus
employed students must also be enrolled in (6) credits for the duration of their employment.
NEW! Federal Work-Study Experiment (FWSE)
The same as FWS Off-campus employment but with more benefits. Opportunities for student
internships, apprenticeships, and students who are working in an area related to their
academic area of study. Students can work more hours per week (up to 40 hours in some
cases!) as long as it's not during class time. In addition, hourly pay may be higher,
and possible full-time career opportunities when you graduate.
If you are working for a non-profit agency or for-profit organization and your job
description is related to your academic program, you may be able to participate in
the FWSE. We may be able to approve your employer for the FWSE which has very attractive financial
benefits for them. You win by continuing your employment gaining the academic and
Why you should take advantage of FWS
For some students, it's a better choice in the long term. All loans have to be repaid
with interest. These loans are real loans, similar to a car loan or mortgage. $35,900
is the average student loan debt for the State of Michigan. Depending on the repayment
plan selected and the interest rate, an approximately loan repayment amount could
be in excess of $350 per month for 10 years!
We want to encourage you to plan wisely for your future.
Accept your FWS award
- To apply for a FWS spot you will need to complete a JP-11! Student JP-11's can be
found on our Student Employment webpage.
- Once you've been approved after submitting your JP-11 application for review; you
will be able to browse our internal job boards for open and posted positions! Have
your resume ready!
- If you would like to submit your current workplace for potential review as and Off-campus
FWS or FWSE work site; please contact our FWS Student Service Specialist by email
at FWS@oaklandcc.edu or contact financial aid at 248 341 2240.
Professional Judgment/Special Circumstances
If your financial status has changed since 2019, we may be able to perform a Professional
Judgement review of your financial aid application.
Consideration for an adjustment may be granted for special circumstances. Some examples
include: loss/change of employment, separation or divorce, death (parent or spouse),
unusually high medical expenses, or some other unforeseeable event that created financial
hardship for you/the family.
Students who meet at least one of the examples stated above must be able to provide
a clear and concise narrative of the circumstances surrounding the change and include
Email Student Financial Resources and Scholarships at email@example.com to explain your situation and obtain the Special Circumstances Appeal Form, if applicable.
Please note: If FAFSA has determined that your Expected Family Contribution (EFC)
is 0, you have already reached maximum eligibility for Federal Pell Grant, therefore,
no additional adjustments can be made. No additional action is required from you.
Read your OCC email, even if you leave OCC. We will communicate with you via your
OCC email. Keep your contact information (telephone numbers and address) updated with
PROXY/Authorization to Release Information
If you want the Office of Student Financial Resources and Scholarships (SFRS) to discuss
your financial aid application with spouses, parents, others, you must complete authorization
using PROXY on Self Service. It is your responsibility to keep the access records updated.
Statement of Confidentiality and Data Protection
Student Financial Resources and Scholarships (SFRS) protects the security, confidentiality,
and integrity of all student financial aid records.
For more detailed information, read: Understanding Financial Assistance and Scholarships
For answers to general financial aid questions view Financial Aid TV (FATV)