Financial Aid Amount Received
$7,949 (39.76% of tuition & fees)
Percent of Financial Aid Received
89% of 1,581 students

All Undergraduate Students Financial Aid

1,458 undergraduate students (89% 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 average (the average of the schools is 83.50%).
The average amount of grants of scholarship aid is $7,949 and the average loan amount is $6,615. The average financial aid amount is 39.76% 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 aid1,458 89%$11,589,291$7,949
Pell Grants826 50%$3,655,733$4,426
Federal Students Loans1,145 70%$7,573,819$6,615

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), 351 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 $10,447 and the average amount of student loans awarded to full-time first-time undergraduate students is $6,591.
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 Aid356100%--
Grant or scholarship aid351 99%$3,666,877$10,447
Federal Grants167 47%$829,005$4,964
Pell Grants167 47%$762,305$4,565
Other Federal Grants33 9%$66,700$2,021
State/Local Grants71 20%$43,880$618
Institutional Grants339 95%$2,793,992$8,242
Student Loans240 67%$1,581,804$6,591
Federal Student Loans240 67%$1,280,835$5,337
Other Student Loans24 7%$300,969$12,540