by our College Data Analytics TeamMost college students will not be charged the full price tag of a school. Instead, they will be offered a financial aid package that includes a combination of loans, grants, scholarships and possibly work-study opportunities.
What financial aid options does ODU offer, and what will you qualify for? Keep scrolling for answers.
Ohio Dominican University average financial aid offer for freshmen students is $23,460.00. 100% of first-year students are awarded financial aid, primarily comprising grants and scholarships.
A financial aid package includes loans, grants, and scholarships. However, student loans have to be paid back, so they aren’t a true discount.
Student debt should be thought of as an “outcome” rather than “aid”. Read more about student loan debt at Ohio Dominican University.
Institutional scholarships and grants refer to financial aid provided directly by a college or university to support students in covering their educational expenses. These awards can be either merit-based or need-based and do not require repayment. Merit-based institutional scholarships reward students who have demonstrated exceptional academic achievements, talents, or skills in specific areas. Such scholarships often take into account a student’s high school performance, standardized test scores, or extracurricular activities. On the other hand, need-based institutional grants are allocated to students who exhibit financial need. The amount awarded is usually determined by the student’s family’s financial circumstances and aims to cover the difference between the cost of attendance and the family’s capacity to pay. To assess eligibility for need-based grants, colleges and universities may use information from the Free Application for Federal Student Aid (FAFSA) or other financial aid forms. Institutional scholarships and grants play a crucial role in assisting students, as they can considerably lower the cost of college and make higher education more attainable.
The stats below refer to aid that is provided by Ohio Dominican University.
99% of new students (283 total) were given scholarships at Ohio Dominican University, averaging $19,433.00 per student. This puts it the top 25th percentile among colleges and universities nationwide.
As well as scholarships, 51% of freshmen (146 total) received a federal grant, for about $5,850.00 a person.
The table below demonstrates scholarship and grant allocations by income level for freshmen receiving any type of federal Title IV assistance, which includes Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 28.07% | $23,605.00 |
| Income 30k-48k | 14.74% | $24,624.00 |
| Income 48k-75k | 10.53% | $23,568.00 |
| Income 75k-110k | 9.82% | $24,559.00 |
| Income 110k + | 17.54% | $19,717.00 |
The table above displays students who are getting Title IV aid, federal aid from the government including loans, grants or work-study. Get more info on Title IV here.
100% of the 285 undergraduates at Ohio Dominican University receive some sort of grant aid. This is a total of about 285 students getting an average of $23,460.00 per person.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
More about our data sources and methodologies.