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Events
  • Otis Radio: Hot News

    May 02| Special Event
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    Creative Action and the Otis Radio class present weekly broadcasts each Monday.

     

    This week from 5:00 - 6:00 pm is Hot News with DJs Cindy Ho, Ana Molina, and April Oh who cover all the trending NEWS!

     
    Listen online at KLMU.

    All shows will be simulcast on 96.1FM in the Otis Cafe and archived on otisradio.tumblr.com

  • Otis Radio: flashback

    May 02| Special Event
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    Creative Action and the Otis Radio class present weekly broadcasts each Monday.

    This week from 5:00pm - 6:00pm is flashback: nostalgic static with DJ's Alix, April and Dane. Come listen and chat about nostalgic representations that make us who we are, from music, accessories, to fashion mistakes.


    Listen online at KLMU.

  • Graduate Fine Arts presents

    Now What?

    Class of 2016 Final MFA Exhibition  

     

    Family and Friends Night Celebration: Saturday, May 14, 6-9pm

    Ashton Allen

    Amanda Benefiel

    Ok-Young Choi

    Janet E. Dandridge

    Melany Dierks

    Elif Erkan

    Kathryn Kert Green

    Elizabeth Medina

    Kristin Moore 

    Jeisung Oh

    Zachary Roach

    Regine Rode

     

  • Learn about the Teacher Credentialing process with:

  • Otis Radio Olympics

    May 03| Special Event
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    Otis Radio students Bree Miller, Natasha Carovska and Rania Ann Zahir present Otis Radio Olympics.

    Play Games and Win Prizes!

    Come join them outside to relieve your stress from finals by playing Musical Chairs, Red Light Green Light, Simon Says, and other beloved childhood games.

  • Graduate Public Practice 
    2016 MFA Degree Presentations

    Henderson Blumer
    Jeanette Degollado
    Margarethe Drexel
    Tonya Ingram
    Jenny Kane
    Shefali Mistry
    Beth Ann Morrison
    Catherine SCOTI Scott
     

    EXHIBITIONS AND EVENTS:

     
    Tuesday May 3, 7 – 9:00 p.m. 

    Shefali Mistry leads Michelada Think Tank event on artists of color

  • For decades, the Los Angeles–based artist Lita Albuquerque has blurred distinctions between Land art and Light and Space on increasingly grander scales, whether it be building installations surrounding the pyramids in Egypt or placing sculptures across Antarctica to mirror the formation of the stars. Her cosmic explorations continue with two new bodies of work that are currently being shown at Kohn Gallery in Hollywood, from January 9 through February 27, 2016, and at USC’s Fisher Museum of Art, from January 26 through April 10, 2016.

O-Tube

Student Loans

A loan is a financial aid award that must be repaid with interest. Federal Loans are a form of need-based aid, meaning they are offered based on financial need as determined by the Free Application for Federal Student Aid (FAFSA).

Direct Loans // Parent Loans // Private Loans


Direct Stafford Loan

Eligibility:
1.    Minimum half-time enrollment
2.    US Citizens and Eligible Non-Citizens who submit a FAFSA (Subsidized is for Undergraduate only and depends upon financial need.)

Deadline:
For the upcoming academic year, it is recommended that all items requested by the Financial Aid Office be submitted by June 15, in order to be processed in time for the beginning of the school year. All loan requests must be received no later than the last day of the semester in which the funds are being requested.

Application:
1.    FAFSA (with OTIS listed)
2.    Direct Stafford Loan Master Promissory Note & Entrance Counseling (online)

Amount:

Grade Level     Base Stafford Amount Dependent Undergrad Unsubsidized Independent Undergrad Unsubsidized Graduate Students
Freshman (0-29 units)   $3,500 $2,000 $6,000 $20,500 Unsub
Sophomore (30-62 units)   $4,500 $2,000 $6,000

$20,500 Unsub

Junior
(63-95 units)
  $5,500 $2,000 $7,000  
Senior
(96-130 units)
  $5,500 $2,000 $7,000  

Renewable:
Yes, with a yearly completion of the FAFSA. Once you sign your Direct Loan Master Promissory Note (MPN) and receive your loan funds, your MPN will be valid for ten years.

Funding:
A loan funded by the U.S. Department of Education that must be repaid with interest. Amount determined by the Free Application for Federal Student Aid (FAFSA) and your grade level.

Interest:
1.    4.29 % for Undergraduate Direct loans with a first disbursement between July 1, 2015 to June 30, 2016.
2.    Subsidized loans have no interest while in school or during the 6 month grace period.
3.    Interest on unsubsidized loans begins to accrue as of the date funds are disbursed.
4.    Origination fee: For loans with a first disbursement after July 1, 2014 - 1.073% of loan amount, after 10/1/15 the fee will be 1.068%.

Once students complete the FAFSA and submit all other requested paperwork, the Financial Aid Office will determine whether student is eligible to receive subsidized or unsubsidized funding. The Financial Aid Office will contact the student regarding loan eligibility.

Curious about federal loans? Here are some suggested steps for acquiring federal loans.



Direct Parent/Grad PLUS Loan

Eligibility:
Parent Plus: Credit-based, non-need loan for parents of dependent students who are enrolled at least half-time in an eligible degree program. The student and parents must be either U.S. Citizens, or eligible non-citizens with a U.S. address. Student and parents must complete a current year FAFSA (with OTIS listed).

Grad Plus: Credit-based, non-need loan for graduate students. Students must be either a US Citizen or eligible non-citizen with a US address. Students must complete a current year FAFSA (with OTIS listed)

Deadline:
For the upcoming academic year, it is recommended for all items requested by the Financial Aid Office to be submitted by June 15th in order to be processed in time for the beginning of the school year. All loan requests must be received no later than the last day of the semester in which the funds are being requested in order to be processed.

Application:
1.    Complete the application online via the StudentLoans.gov website by clicking on "Request Direct PLUS Loan" (parents must log-in with their FSA ID)
2.     If approved, complete the Plus Master Promissory Note also found at StudentLoans.gov

Amount:
Up to Cost of Attendance minus other financial aid.
Please note: if a parent is denied a Parent PLUS Loan based on their credit, your student becomes eligible for the Independent student Unsubsidzed Loan amount.
Parents with adverse credit history may still be approved if they are able to document extenuating circumstances or obtain an endorser.

Renewable:
No, students must re-apply each academic year.

Forms:
Loan Change Form - If you would like to increase or decrease your loan amounts.

Interest:
1.    The Parent (or Grad) PLUS Loan has a fixed interest rate of 6.84% for Parent PLUS Loans with a first disbursement between July 1, 2015 and June 30, 2016.
2.    The Parent (or Grad) PLUS Loan origination fee: For loans with a first disbursement between July 1, 2014 and June 30,2015 - 4.292% of loan amount.
(note: after 10/1/15 fee will 4.272% of loan amount)

Renewable:
No, students must re-apply each academic year.
 

To learn more about the Direct Parent PLUS Loan program please visit the Department of Education website.


Federal Perkins Loan


Eligibility:
Based on financial need and availability of funds.

Deadline:
Priority given to earliest applicants with a completed FAFSA.

Application:
1.    FAFSA (online)
2.    Complete financial aid file with OTIS Financial Aid Office.
3.    Once students complete the FAFSA and submit all other paperwork requested by the Financial Aid Office, the Financial Aid Office and will determine Perkins Loan eligibility. If eligible, the student will be notified by the Financial Aid Office.

Amount:
1.    Up to $2,000 per academic year for new students.

Renewable:
As funds are available.

Funding:
The Federal Perkins Loan is a campus-based federal loan awarded by the Financial Aid Office to undergraduate students.

Interest:
The Federal Perkins Loan is subsidized and has an interest rate of 5%.

Repayment:
Begins nine months after graduating or dropping below half-time status.

Curious about federal loans? Here are some suggested steps for acquiring federal loans.

 


Private Student Loan

Eligibility:
Borrower must be a US Citizen, eligible non-citizen, or an international student with a U.S. Citizen Cosigner (varies per lender). Both eligible non-citizens and international students need to have a current address in the United States.

Deadline:
Private loans are certified throughout the school year. It is recommended that you submit your loan application to your lender no later than a month before the last day of the semester for which you are requesting funds. Please allow 4-6 weeks for processing.

Application:
1.    Choose Your Lender and Complete Your Application (online)*
* note: Students have the right to select the education loan provider of their choice and are not required to use any of the current lenders listed in the OTIS FastChoice Tool.

Amount:
Minimum loan amounts vary per lender. Maximum loan amounts are determined by subtracting all of a student's financial aid from their cost of attendance for the academic year.
Funds are disbursed by the lender on a per semester basis unless othewise noted by the student (either in writing to the Financial Aid Office or via their online loan application).

Renewable:
No, Must re-apply annually.

Interest:
Varies according to lender and applicant credit score.

Cosigner:
Criteria for approval varies per lender. However, unless you are steadily employed, earn at least $12,000 a year, and have a stable credit history with a good FICO score (over 700), you will more than likely need a cosigner in order to be approved for a private student loan.

To read our recommended steps to receiving Private Loans, please click here.
 

Otis College Ranked 6th in Nation by The Economist