Financial Aid Amount Received
$10,387 (51.96% of tuition & fees)
Percent of Financial Aid Received
86% of 1,339 students

All Undergraduate Students Financial Aid

1,174 undergraduate students (86% 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 84.33%).
The average amount of grants of scholarship aid is $10,387 and the average loan amount is $4,039. The average financial aid amount is 51.96% 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 aid1,174 86%$12,194,882$10,387
Pell Grants732 54%$3,663,289$5,004
Federal Students Loans1,030 75%$4,160,263$4,039

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), 299 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 $10,434 and the average amount of student loans awarded to full-time first-time undergraduate students is $9,024.
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 Aid299100%--
Grant or scholarship aid299 100%$3,119,677$10,434
Federal Grants146 49%$842,539$5,771
Pell Grants146 49%$759,139$5,200
Other Federal Grants36 12%$83,400$2,317
State/Local Grants19 6%$19,924$1,049
Institutional Grants247 83%$2,257,214$9,139
Student Loans289 97%$2,607,916$9,024
Federal Student Loans196 66%$1,238,461$6,319
Other Student Loans93 31%$1,369,455$14,725