Undergraduate Financial Aid by Type

The average amount of grants of scholarship aid is $14,587 and the average loan amount is $7,503. The average financial aid amount is 66.80% of tuition & fees (tuition & fees: $21,838).
Number Receiving AidPercent Receiving AidTotal Amount of Aid ReceivedAverage Amount of Aid Received
Grant or scholarship aid1,312 93%$19,138,673$14,587
Pell Grants669 47%$3,883,068$5,804
Federal Students Loans813 58%$6,100,032$7,503

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), 347 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 $15,780 and the average amount of student loans awarded to full-time first-time undergraduate students is $6,228.
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 Aid34793%--
Grant or scholarship aid347 93%$5,475,503$15,780
Federal Grants155 41%$1,027,923$6,632
Pell Grants155 41%$943,673$6,088
Other Federal Grants47 13%$84,250$1,793
State/Local Grants16 4%$27,772$1,736
Institutional Grants345 92%$4,419,808$12,811
Student Loans156 42%$971,567$6,228
Federal Student Loans156 42%$917,021$5,878
Other Student Loans3 1%$54,546$18,182