How Many Students Get Financial Assistance?
Oakwood University's average financial aid deal for incoming first years is $17,881. About 97.0% of incoming students get some money for college, the majority of which is in the form of scholarships and grants.
Financial aid helps reduce the expense, or the "sticker" price of the college. However, be aware that the only true discounts off the cost of college are in the form of grants and scholarships.
A student loan isn't a genuine college price reduction, but rather an additional cost consideration. Find out how much student loan debt from Oakwood you may end up dealing with.
Number of Oakwood Grants & Scholarships
The stats listed below make reference to help which is provided by Oakwood University.
82.0% of incoming freshmen (276 total) were offered scholarships at Oakwood University, averaging $7,307 per student. This puts it in the middle 20th percentile of all colleges in the country.
As well as scholarships, 55.0% of freshman students (185 total) obtained federal grant aid, for about $4,934 each.
How are scholarships and grants dispersed to first years at Oakwood? View the graph listed below.
Grants are usually need-based while scholarships are merit-based.
How Family Income Affects Financial Aid
Discover just how much grant and scholarship assistance you might expect to receive based on your income level. The chart below displays first year students receiving federal aid including PLUS loans.
|Income Level||Percent of Freshman||Average Assistance|
|Income 110k +||10.4%||$16,077|
The graph above displays students who are receiving Title IV aid which is federal assistance from the government in the form of loans, grants or work-study. Learn more.
The Typical Undergrad Receiving a Scholarship or Grant Gets $4,336
1,446 Oakwood students receive grant aid (this is around 84.0% of the entire student body). The average amount these students receive is $4,336
Financial Aid Links from Oakwood University
|Financial Aid Department Website||www.oakwood.edu/admissions/financial-aid|
|Net Price Calculator||https://npc.collegeboard.org/student/app/oakwood|