Each award package at Oakwood University is unique. Based on the family’s need and the student’s qualifications, OU helps families put together a package tailored to their budget.
These four examples were built for full-time students residing in the residence hall. Taking a look at the steps in How to Apply, the information in Financial Aid Programs and Financial Aid Terms, Financial Aid Calendar, and exploring the Helpful Resources are important ways you can find out how your Financial Aid Package will be built.
Even large families or those with limited incomes can afford Oakwood University. This student had a zero EFC* and a GPA below 2.5. This sample and the other sample packages are based on the following estimated charges:
13/14 Tuition: $16,184 Housing $7,354 Food $4,958 Books $1,200
Total Est.Charges: $29,696
OU Incentive Scholarship
OU College Days
OU Early Bird
Federal Loan (Subsidized & Unsubsidized)
$12,109 = $1,346/month for 9 months
This OU student’s package was built around their EFC of less than $6,000 and estimated charges of $29,696.
OU Premier Scholarship
$7,159 = $796/month for 9 months
Two kids in college? This package, based on an EFC of less than $14,000, is for a family with two children at OU. Estimated charges is $29,696.
OU Prestige Scholarship
OU Family Discount
Federal Parent PLUS Loan
$1,258 = $140/month for 9 months
Some families may have EFC closer to $25,000. Estimated charges total $29,696.
OU Academic Achievement Scholarship
$7,154 = $795/month for 9 months
Expected Family Contribution (EFC)* The government uses your FAFSA data to calculate your EFC, which is an approximation of what your family could pay for college (note, this is not necessarily what you will end up paying). The EFC helps Oakwood University calculate your financial need.