by our College Data Analytics TeamThe majority of college students don’t pay the full price for their education, as financial aid packages, including scholarships, grants, loans, and work-study opportunities, help to offset the costs.
Uncover the various financial aid options provided by OCU and determine which ones you may be eligible for by continuing your exploration.
Ohio Christian University average financial aid offer for freshmen students is $9,197.00. About 98% of first year students receive financial aid, most of which is in the form of grants and scholarships.
Financial aid helps lower the cost, or the full retail price of the institution. But bear in mind that the only true college discount is scholarships & grants.
Student debt really should be considered to be an added expense and not as “aid” or a “discount”. Find more about student loan debt at Ohio Christian University.
Colleges and universities offer institutional scholarships and grants as financial assistance to help students cover tuition fees and other educational costs. These awards, which do not require repayment, can be merit-based or need-based. Merit-based institutional scholarships recognize students who have exceptional academic records, special talents, or skills in particular areas. Eligibility for these scholarships often depends on factors such as a student’s high school performance, standardized test scores, or involvement in extracurricular activities. In contrast, need-based institutional grants are designed for students who show financial need. The amount awarded usually depends on the student’s family’s financial condition and aims.
The next numbers refer to grants and scholarships mainly supplied by the college itself.
82% of first-year students (165 total) were offered scholarships at Ohio Christian University, averaging $6,627.00 per person. This puts it in the top 50th percentile among colleges and universities nationwide.
As well as scholarships, 81% of first-year students (163 total) got a federal grant, for about $4,285.00 per person.
The next table displays grant and scholarship distributions by family income for freshman students getting any kind of federally-funded Title IV aid, such as Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 38.81% | $8,325.00 |
| Income 30k-48k | 9.95% | $13,944.00 |
| Income 48k-75k | 14.93% | $11,130.00 |
| Income 75k-110k | 8.96% | $9,231.00 |
| Income 110k + | 12.44% | $9,017.00 |
The table above shows students who are obtaining Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more here.
98% of the 201 undergraduates at Ohio Christian University receive some sort of grant aid. This is a total of about 195 students getting an average of $9,197.00 per person.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
More about our data sources and methodologies.