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Oakton College Financial Aid and Scholarship Details

63% Freshmen Get Financial Aid
$4,493 Average Grant & Scholarship
32% Undergrads Get Grant Aid

The majority of students will never be charged the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total price of attendance at Oakton College can feel overpowering, but remember that the majority of students receive some sort of financial assistance.

What financing options does Oakton Community College offer, and what will you qualify for? Keep scrolling for more information. Scroll down to find out what amount of financial assistance will be accessible to you.

Understanding Oakton Community College Financial Aid Information

The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Read on to get a sense of the financial assistance available at Oakton College.

Typical First Year Financial Aid at Oakton College

Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. However, some types of aid are more desirable than others, and some students will receive more than others.

For incoming first-year students at Oakton College, 63% of the incoming full-time class was awarded financial aid (about 257 new students).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)62%$6,085
Institutional grants & scholarships27%$1,941
Federal Pell grants40%$5,781
State/local grants36%$2,054
Federal student loans1%$4,021

Free Money: Grants and Scholarships at Oakton College

Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At this school, about 32% of undergraduates were awarded an average grant or scholarship of $4,493 (across roughly 2282 students).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)32%$4,493
Federal Pell grants19%$4,228
Federal student loans0%$3,469

On-campus students receiving title-IV aid were awarded grants averaging $6,248.

Aid by Income Level at Oakton College

Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.

Family IncomeAverage Net Price
$0 – $48,000$5,347
$30,001 – $75,000$6,780
Over $75,000$10,376

These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.

What a Degree Really Costs at Oakton College

Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.

CohortAverage Net Price
On-campus title-IV students$5,183
Off-campus title-IV students$6,188

To get a personalized net price estimate, try Oakton Community College’s net price calculator: npc.collegeboard.org/app/oakton.

What Students Owe at Oakton College

The middle student in the debt distribution at Oakton Community College owes $3,500 in federal loans.

MetricAmount
Median federal debt (all student-aid borrowers)$3,500
Median federal debt (graduates only)$5,250
Typical 10-year monthly payment (graduates)$55.66/mo

Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.

How Debt Is Distributed Across Students

The numbers below show the full range, not just the middle of the distribution. The four reference points below map the debt distribution at Oakton Community College.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$1,313
25th percentile$2,166
75th percentile$5,500
90th percentile (highest-debt students)$10,750

How Debt Outcomes Vary by Student Group at Oakton College

The figures below break down median federal debt by income tier, first-generation status, and dependency.

Median Debt by Income Bracket

Income tierMedian federal debt
Low income$3,500
Middle income$3,500
High income$5,000

First-Gen vs Continuing-Gen Median Debt

CohortMedian federal debt
First-generation students$3,500
Continuing-generation students$3,500

By Dependency Status

CohortMedian federal debt
Dependent students$3,500
Independent students$3,828

Debt Burden Indicators

These indicators are derived from the underlying debt data and summarize the overall picture at Oakton Community College.

Stafford Loan Activity at Oakton College

The Stafford program is the federal direct-loan vehicle most undergraduates use. These figures summarize annual Stafford program activity at Oakton Community College:

MetricValue
Stafford loan recipients1354
Total Stafford loan amount$6,850,034

Veteran and Military Aid at Oakton College

The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.

GI Bill volume

MetricValue
GI Bill recipients42
Total GI Bill amount$96,986
Average GI Bill amount per recipient$2,309

DoD Tuition Assistance activity

MetricValue
DoD Tuition Assistance recipients0
Total DoD amount$0

External Resources for Oakton College

References

More about our data sources and methodologies.

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