by our College Data Analytics TeamA lot of students are not billed 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 University of Oklahoma-Norman Campus can sound tremendous, but do not forget that almost all students get some type of financial help.
Just what financial aid solutions can University of Oklahoma deliver, and just what are you going to be eligible for? Keep reading for answers. Scroll down to find out just how much financial aid will be open to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. The information provided on this page can help you determine how much aid you may receive from University of Oklahoma-Norman Campus.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
Among first-time, full-time freshmen at University of Oklahoma-Norman Campus, 99% of first-year full-time students received aid of some kind some 4466 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 99% | $11,356 |
| Institutional grants & scholarships | 99% | $8,979 |
| Federal Pell grants | 24% | $5,711 |
| State/local grants | 17% | $5,119 |
| Federal student loans | 33% | $5,279 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. At University of Oklahoma, approximately 87% of undergraduates were awarded an average grant or scholarship of $10,389 (for some 19220 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 87% | $10,389 |
| Federal Pell grants | 25% | $5,565 |
| Federal student loans | 32% | $6,402 |
On-campus students receiving title-IV aid were awarded grants averaging $13,572.
Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $13,084 |
| $30,001 – $75,000 | $15,473 |
| Over $75,000 | $23,133 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $15,300 |
| Off-campus title-IV students | $17,413 |
To project your own net price, use University of Oklahoma’s official net price calculator: www.ou.edu/sfc/estimating-costs/net-price-calculator.
The middle student in the debt distribution at University of Oklahoma owes $15,500 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $15,500 |
| Median federal debt (graduates only) | $20,654 |
| Typical 10-year monthly payment (graduates) | $218.97/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. Use the percentiles below to see the debt range at University of Oklahoma.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,833 |
| 25th percentile | $6,750 |
| 75th percentile | $25,583 |
| 90th percentile (highest-debt students) | $32,965 |
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 | $15,950 |
| Middle income | $15,750 |
| High income | $15,000 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $16,000 |
| Continuing-generation students | $15,000 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $15,000 |
| Independent students | $18,000 |
A handful of calculated indicators summarize the debt outlook at University of Oklahoma.
Stafford loans make up the bulk of federal direct lending to undergraduates. The annual Stafford volume below reflects program activity at University of Oklahoma:
| Metric | Value |
|---|---|
| Stafford loan recipients | 76522 |
| Total Stafford loan amount | $2,308,550,003 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 948 |
| Total GI Bill amount | $9,739,575 |
| Average GI Bill amount per recipient | $10,274 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 230 |
| Total DoD amount | $867,310 |
| Average DoD amount per recipient | $3,771 |
References
More about our data sources and methodologies.