This document provides a brief Oregon Opportunity Grant. The Grant was started in 1971 and it is the only state-supported need based financial aid program for students at Oregons seventeen community college, seven public four-year universities, and sixteen private four-year institutions. The Grant provides awards that consist of a combination of state funds and federal funds. The document gives a list of qualifications that students must meet in order to be eligible to apply for the Grant and a list of 2001-2002 opportunity grant recipients. Once students have received the Grant, they must make satisfactory academic progress to continue to receive the Grant at their institutions. In the years 2001-2002, nineteen million dollars was awarded to students. The report provides a comparison of the Grant program to similar programs in other states such as Washington. The system is currently facing three major issues: (1) unmet needs; (2) student work and loan burden; and (3) merit based aid. The report concludes that although Oregon is currently facing a fiscal crisis, it is still moving towards an investment in public services that will increase access to an affordable post-secondary education for citizens of Oregon. (Contains 25 references). (MZ)