by our College Data Analytics TeamMost college students will not be charged the full price tag of a school. Instead, they will be offered a financial aid package that includes a combination of loans, grants, scholarships and possibly work-study opportunities.
Interested in understanding the financial aid resources available at OCU and your eligibility? Find the answers you seek below.
Oklahoma City University average financial aid offer for freshmen students is $20,192.00. Approximately 98% of incoming freshmen obtain financial assistance, with the majority being offered as grants and scholarships.
A financial aid package includes loans, grants, and scholarships. However, student loans have to be paid back, so they aren’t a true discount.
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 Oklahoma City 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 stats below refer to aid that is provided by Oklahoma City University.
98% of incoming freshmen (321 total) were given scholarships at Oklahoma City University, averaging $18,697.00 per student. This puts it the top 25th percentile among colleges and universities nationwide.
As well as scholarships, 22% of freshmen (73 total) obtained a federal grant, for about $4,784.00 a piece.
The table following demonstrates grant and scholarship distributions by income level for freshmen getting any sort of federally-funded Title IV aid, which includes Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 8.56% | $30,572.00 |
| Income 30k-48k | 6.73% | $27,071.00 |
| Income 48k-75k | 10.09% | $21,971.00 |
| Income 75k-110k | 7.95% | $16,868.00 |
| Income 110k + | 8.87% | $14,664.00 |
The table above shows students who are receiving Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more.
321 OCU undergrads obtain grant aid (this is about 98% of the entire undergraduate student population). The average amount these students receive is $20,192.00.
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.