by our College Data Analytics TeamMost students will not be asked to pay the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The sum total of attendance at Ohio Christian University can sound overwhelming, but bear in mind that many students get some type of financial aid.
What financial aid options can OCU offer you, and what will you qualify for? Keep reading for more information. Keep reading to find out what amount of financial assistance will be accessible to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. The figures below will help you estimate the aid you might receive from Ohio Christian University.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. However, some types of aid are more desirable than others, and some students will receive more than others.
At Ohio Christian University, 100% of the incoming full-time class was awarded financial aid some 118 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 99% | $14,693 |
| Institutional grants & scholarships | 85% | $11,923 |
| Federal Pell grants | 51% | $5,604 |
| State/local grants | 34% | $4,032 |
| Federal student loans | 73% | $6,324 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At OCU, about 52% of undergraduates were awarded grant or scholarship aid averaging $10,414 (for some 695 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 52% | $10,414 |
| Federal Pell grants | 34% | $4,715 |
| Federal student loans | 42% | $7,920 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $14,410.
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $21,401 |
| $30,001 – $75,000 | $19,260 |
| Over $75,000 | $22,041 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $20,607 |
| Off-campus title-IV students | $21,607 |
To project your own net price, use OCU’s NPC: www.ohiochristian.edu/university/about-ocu/net-price-calculator.
The middle student in the debt distribution at OCU owes $21,250 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $21,250 |
| Median federal debt (graduates only) | $29,579 |
| Typical 10-year monthly payment (graduates) | $313.59/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
A single median figure conceals how much debt outcomes differ student to student. The four reference points below map the debt distribution at OCU.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,500 |
| 25th percentile | $4,750 |
| 75th percentile | $26,420 |
| 90th percentile (highest-debt students) | $40,250 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $21,698 |
| Middle income | $20,000 |
| High income | $21,536 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $21,996 |
| Continuing-generation students | $19,410 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $15,750 |
| Independent students | $24,160 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. OCU.
Stafford loans make up the bulk of federal direct lending to undergraduates. These figures summarize annual Stafford program activity at OCU:
| Metric | Value |
|---|---|
| Stafford loan recipients | 13806 |
| Total Stafford loan amount | $303,095,695 |
If you are a veteran or active-duty service member, the GI Bill and DoD Tuition Assistance are the primary federal programs you can use at this school.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 33 |
| Total GI Bill amount | $233,326 |
| Average GI Bill amount per recipient | $7,070 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 12 |
| Total DoD amount | $34,005 |
| Average DoD amount per recipient | $2,834 |
References
More about our data sources and methodologies.