by our College Data Analytics TeamMany students attending Oklahoma Wesleyan University can expect to receive financial assistance in various forms, such as scholarships, grants, loans, and work-study programs, making the cost of attendance more manageable.
Uncover the various financial aid options provided by OKWU or OWU and determine which ones you may be eligible for by continuing your exploration.
Oklahoma Wesleyan University average financial aid offer for freshmen students is $15,441.00. Financial aid is provided to about 100% of first-year students, with the bulk of support coming in the form of 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.
A student loan isn’t a genuine college price reduction, but rather an additional cost consideration. Discover how much student loan debt from Oklahoma Wesleyan University you could end up dealing with.
Institutional scholarships and grants refer to financial aid provided directly by a college or university to support students in covering their educational expenses. These awards can be either merit-based or need-based and do not require repayment. Merit-based institutional scholarships reward students who have demonstrated exceptional academic achievements, talents, or skills in specific areas. Such scholarships often take into account a student’s high school performance, standardized test scores, or extracurricular activities. On the other hand, need-based institutional grants are allocated to students who exhibit financial need. The amount awarded is usually determined by the student’s family’s financial circumstances and aims to cover the difference between the cost of attendance and the family’s capacity to pay. To assess eligibility for need-based grants, colleges and universities may use information from the Free Application for Federal Student Aid (FAFSA) or other financial aid forms. Institutional scholarships and grants play a crucial role in assisting students, as they can considerably lower the cost of college and make higher education more attainable.
The numbers below apply to scholarships and grants primarily provided by Oklahoma Wesleyan University.
100% of incoming freshmen (159 total) were given scholarships at Oklahoma Wesleyan University, averaging $12,751.00 per student. This puts it the top 25th percentile among colleges and universities nationwide.
As well as scholarships, 40% of freshmen (63 total) received a federal grant, for about $5,211.00 a person.
The next table shows grant and scholarship distributions by income for first-year students getting any form of federally-funded Title IV aid, including Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 16.35% | $17,803.00 |
| Income 30k-48k | 11.95% | $14,922.00 |
| Income 48k-75k | 10.69% | $15,771.00 |
| Income 75k-110k | 13.21% | $10,654.00 |
| Income 110k + | 23.27% | $11,585.00 |
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.
Of the 159 undergraduate students at Oklahoma Wesleyan University around 100% (159 total) receive some form of grant aid. The typical amount awarded was $15,441.00.
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.