by our College Data Analytics TeamA lot of students will never be charged the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The total price of attendance at Ouachita Baptist University can feel overpowering, but remember that the majority of students receive some sort of financial assistance.
What financial aid options can Ouachita Baptist offer, and what will you qualify for? Keep reading for more information. Keep scrolling 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 Ouachita Baptist University.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
Among first-time, full-time freshmen at Ouachita Baptist University, 100% of new full-time first-years were awarded at least some aid approximately 464 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $22,830 |
| Institutional grants & scholarships | 100% | $20,276 |
| Federal Pell grants | 23% | $5,521 |
| State/local grants | 52% | $2,299 |
| Federal student loans | 72% | $5,464 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. Across the undergraduate body at Ouachita Baptist, approximately 89% of undergraduates were awarded an average grant or scholarship of $28,811 (across roughly 1545 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 89% | $28,811 |
| Federal Pell grants | 23% | $5,274 |
| Federal student loans | 46% | $5,494 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $24,912.
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 | $19,591 |
| $30,001 – $75,000 | $20,292 |
| Over $75,000 | $23,448 |
Remember these are net prices — what families pay after gift aid, not before.
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 | $22,409 |
| Off-campus title-IV students | $22,355 |
For an estimate tailored to your family circumstances, see Ouachita Baptist’s NPC: admissions.obu.edu/register/netpricecalculator.
Graduating students at Ouachita Baptist carry a median federal student debt of $15,000 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $15,000 |
| Median federal debt (graduates only) | $21,050 |
| Typical 10-year monthly payment (graduates) | $223.17/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
Looking only at the median can be misleading because it hides the spread. The percentiles below describe the cumulative federal debt distribution for borrowers at Ouachita Baptist.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,500 |
| 25th percentile | $5,500 |
| 75th percentile | $24,358 |
| 90th percentile (highest-debt students) | $28,000 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $14,750 |
| Middle income | $14,550 |
| High income | $15,000 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $15,000 |
| Continuing-generation students | $14,793 |
The figure below distills the debt data into a single burden category for Ouachita Baptist.
Most undergraduate borrowing runs through the federal Stafford loan program. The annual Stafford volume below reflects program activity at Ouachita Baptist:
| Metric | Value |
|---|---|
| Stafford loan recipients | 4596 |
| Total Stafford loan amount | $64,530,470 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 20 |
| Total GI Bill amount | $477,675 |
| Average GI Bill amount per recipient | $23,884 |
References
More about our data sources and methodologies.