All Undergraduate Students Financial Aid

1,239 undergraduate students (93% of all students) have received grants, scholarships, and/or federal student loans at Oakwood University. The percentage of students who received financial aid average compared to Private (not-for-profit), 4-Years Colleges in Alabama.
Compare to similar schools in rankings such as Athens State University and Concordia College Alabama, the percentage of students who received financial aid is higher (the average of the schools is 83.00%).
The average amount of grants of scholarship aid is $13,253 and the average loan amount is $7,443. The average financial aid amount is 66.30% of tuition & fees (tuition & fees: $19,990).

Undergraduate Financial Aid by Type

Number Receiving AidPercent Receiving AidTotal Amount of Aid ReceivedAverage Amount of Aid Received
Grant or scholarship aid1,239 93%$16,420,746$13,253
Pell Grants632 47%$3,216,946$5,090
Federal Students Loans920 69%$6,847,865$7,443

Undergraduate Student Financial Aid Comparison Chart

First-time (full-time) Undergraduate Students Financial Aid

For the full-time, first-time undergraduate students (freshmen, in most cases), 285 students have received one or more types of financial aid at Oakwood University.
The average amount of federal, state, local or institutional grant aid is $14,669 and the average amount of student loans awarded to full-time first-time undergraduate students is $6,023.
The following table shows the financial data by type of aid at Oakwood University.

First-time Undergraduate Financial Aid by Type

Number Receiving AidPercent Receiving AidTotal Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid28694%--
Grant or scholarship aid285 94%$4,180,663$14,669
Federal Grants148 49%$925,036$6,250
Pell Grants145 48%$769,873$5,309
Other Federal Grants87 29%$155,163$1,783
State/Local Grants13 4%$14,710$1,132
Institutional Grants272 90%$3,240,917$11,915
Student Loans197 65%$1,186,526$6,023
Federal Student Loans197 65%$1,173,526$5,957
Other Student Loans1 0%$13,000$13,000