For the academic year 2022-2023, total 1,956 full-time, first-time students (100% of all freshmen) awarded any student financial aid. The headcount includes the number of full-time, first-time degree seeking beginning undergraduate students.
For all undergraduate students, total 13,522 students (98% of all students) received grants or scholarships and the average grant amount is $6,755. In addition, 5,391 students received student loans and the average loan amount is $6,638.
Below tables show the number and amount by source of financial aid at Oakland University.
For all undergraduate students, total 13,522 students (98% of all students) received grants or scholarships and the average grant amount is $6,755. In addition, 5,391 students received student loans and the average loan amount is $6,638.
Below tables show the number and amount by source of financial aid at Oakland University.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 13,522 | 98% | $6,755 |
| Pell Grants | 4,162 | 30% | $4,673 |
| Federal Student Loans | 5,391 | 39% | $6,638 |
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 1,956 | 100% | - |
| Grants or Scholarship from All Sources | 1,956 | 100% | $9,755 |
| Federal Grants | 1,956 | 100% | $3,309 |
| Pell Grants | 718 | 37% | $5,229 |
| Other Federal Grants | 1,955 | 100% | $1,391 |
| State/Local Grants | 75 | 4% | $1,286 |
| Institutional Grants | 1,808 | 92% | $6,920 |
| Student Loans | 713 | 36% | $5,672 |
| Federal Student Loans | 698 | 36% | $4,875 |
| Other Student Loans | 49 | 3% | $13,101 |
What is the Financial aid?
Federal Work Study, grants, loans to students (government and/or private), assistantships, scholarships, fellowships, tuition waivers, tuition discounts, employer aid (tuition reimbursement) and other monies (other than from relatives/friends) provided to students to meet expenses. This excludes loans to parents.
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