by our College Data Analytics TeamMany students attending Oklahoma Baptist University can expect to receive financial assistance in various forms, such as scholarships, grants, loans, and work-study programs, making the cost of attendance more manageable.
Curious about the financial aid opportunities at OBU and what you may be eligible for? Explore the answers here.
$18,725.00 is the typical Oklahoma Baptist University’s first year financial aid package. 100% of reshman students get financial aid, most of which is in the form of grants and scholarships
Financial aid helps decrease the expense, or the “sticker” price of the school. But keep in mind that the only real discounts off the cost of college are in the form of grants and scholarships.
Concerned about the student loans that might be part of your financing deal? Look at the average amount of debt per student at Oklahoma Baptist University.
Institutional scholarships and grants are financial aid awards given by colleges and universities to help students manage tuition costs and other education-related expenses. These awards, which do not need to be repaid, can be classified as merit-based or need-based. Students who excel academically, possess unique talents, or have specific skills can be eligible for merit-based institutional scholarships. Factors such as high school performance, standardized test scores, or participation in extracurricular activities often contribute to eligibility for these scholarships. Need-based institutional grants, on the other hand, are awarded to students who demonstrate financial need. The amount given is generally based on the student’s family’s financial situation, aiming to cover the gap between the cost of attendance and the family’s capacity to pay. To assess a student’s eligibility for need-based grants, colleges and universities may rely on information from the Free Application for Federal Student Aid (FAFSA) or other financial aid forms. Institutional scholarships and grants are essential for students, as they can substantially lower college expenses and make higher education more affordable.
The numbers listed below make reference to help that is offered by Oklahoma Baptist University.
100% of incoming freshmen (449 total) were awarded scholarships at Oklahoma Baptist University, averaging $16,271.00 a piece. This puts it the top 25th percentile among colleges and universities nationwide.
In addition to scholarships, 93% of freshman students (417 total) obtained federal grant aid, averaging $2,384.00 a piece.
The next table displays grant and scholarship distributions by family income for freshman students getting any kind of federally-funded Title IV aid, such as Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 13.81% | $23,909.00 |
| Income 30k-48k | 11.14% | $25,072.00 |
| Income 48k-75k | 15.37% | $22,869.00 |
| Income 75k-110k | 13.81% | $19,378.00 |
| Income 110k + | 15.59% | $16,517.00 |
The table above shows students who are obtaining Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more here.
Of the 449 undergraduate students at Oklahoma Baptist University around 100% (449 total) receive some form of grant aid. The typical amount awarded was $18,725.00.
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.
