by our College Data Analytics TeamA lot of students will never be charged the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total price of attendance at University of Science and Arts of Oklahoma can feel tremendous, but do not forget that almost all students receive some sort of financial help.
What financial aid options can USAO offer you, and what will you qualify for? Keep reading for more information. Keep reading to discover what amount of financial assistance could be accessible to you.
How much aid you qualify for depends largely on your family’s financial circumstances. Use the information below to understand how much financial assistance you may get from University of Science and Arts of Oklahoma.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
Among first-time, full-time freshmen at University of Science and Arts of Oklahoma, 98% of entering full-time freshmen got some type of financial assistance approximately 264 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 98% | $13,068 |
| Institutional grants & scholarships | 54% | $10,850 |
| Federal Pell grants | 59% | $6,912 |
| State/local grants | 95% | $2,997 |
| Federal student loans | 39% | $5,248 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. Across the undergraduate body at USAO, approximately 92% of undergraduates were awarded an average grant or scholarship of $13,405 (for some 837 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 92% | $13,405 |
| Federal Pell grants | 51% | $6,663 |
| Federal student loans | 37% | $6,692 |
Title-IV recipients living on campus saw average grant aid of $14,038.
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 | $5,614 |
| $30,001 – $75,000 | $7,087 |
| Over $75,000 | $14,048 |
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 | $6,624 |
| Off-campus title-IV students | $8,543 |
To project your own net price, use USAO’s NPC: usao.edu/financial-aid/npc.html.
Graduating students at USAO carry a median federal student debt of $10,736 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $10,736 |
| Median federal debt (graduates only) | $21,750 |
| Typical 10-year monthly payment (graduates) | $230.59/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
The median alone does not show how widely outcomes vary across the student body. Use the percentiles below to see the debt range at USAO.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,350 |
| 25th percentile | $4,398 |
| 75th percentile | $20,483 |
| 90th percentile (highest-debt students) | $31,000 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $8,027 |
| Middle income | $9,500 |
| High income | $14,403 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $10,900 |
| Continuing-generation students | $10,500 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $11,000 |
| Independent students | $9,500 |
The figure below distills the debt data into a single burden category for USAO.
Stafford loans are the federal government’s primary direct undergraduate lending program. The totals below capture Stafford lending at USAO:
| Metric | Value |
|---|---|
| Stafford loan recipients | 4128 |
| Total Stafford loan amount | $59,400,879 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 26 |
| Total GI Bill amount | $78,407 |
| Average GI Bill amount per recipient | $3,016 |
References
More about our data sources and methodologies.