univstats

OU Financial Aid

Number Received Financial Aid (All Undergraduate) 13,522
Percent Received Financial Aid(All Undergraduate) 98%
Average Aid Amount $6,755
Number Received Financial Aid (Freshmen) 1,956
Percent Received Financial Aid (Freshmen) 100%

Financial Aid Information at OU

For the academic year 2021-2022, a total of 13,522 students (98% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $6,755. For freshmen (Full-time, first-time degree-seeking undergraduate students), 1,956 students (100% of enrolled students) received financial aid.
The 2024 undergraduate tuition & fees at Oakland University is $14,694 for Michigan residents and $23,188 for out-of-state students, for reference.

All Undergraduate Students Financial Aid

For the academic year 2021-2022, a total of 13,522 students (98% of all students) have received grants or scholarships and the average received aid amount is $6,755. It includes federal, state, local, institutional, or other sources of grant aid. The following table describes the financial aid statistics by aid types at Oakland University for all undergraduate students.
Undergraduate Student Financial Aid at Oakland University
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid13,52298%$6,755
Pell Grants4,16230%$4,673
Federal Student Loans5,39139%$6,638

Beginning Students Financial Aid

a total of 1,956 beginning students (100% of all freshmen) have received any financial aid and 1,956 students (100% of all freshmen) awarded any student loans. The headcount includes the number of full-time, first-time degree-seeking beginning undergraduate students. The below table shows the number and amount by the source of financial aid at Oakland University.
Beginning Students (Freshmen) Financial Aid at Oakland University
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid1,956100%-
Grants or Scholarship from All Sources1,956100%$9,755
Federal Grants1,956100%$3,309
Pell Grants71837%$5,229
Other Federal Grants1,955100%$1,391
State/Local Grants754%$1,286
Institutional Grants1,80892%$6,920
Student Loans71336%$5,672
Federal Student Loans69836%$4,875
Other Student Loans493%$13,101

Students Headcount by Living Status

For academic year 2021-2022, total 1,743 full-time beginning students have enrolled and attended Oakland University. Among them, 450 students have lived on campus and 149 students lived off campus (without family). The following table shows the students count by living status and years.
Student Headcount by Living Location/Setting at Oakland University
Living Status201920202021
Living On-Campus982474450
Living Off-Campus with Family8721,069892
Living Off-Campus without Family156151149

Grants and Scholarship Aid By Income Level (Paying In-State Tuition)

The following table shows number of students who paid the in-state or in-district tuition rate and were awarded any grant/scholarship by income level for academic year 2021-2022 . The sources of grants and scholarship aid are the federal government, state/local government, or the institution.
Grants of Scholarship Aid Statistics By Income Level at Oakland University
Income LevelNumber of StudentsNumber of Students AwardedTotal Amount Aid Awarded Average Amount Aid Awarded
All level1,0931,052$12,083,129$11,055
$0 - $30,000325325$5,048,666$15,534
$30,001 - $48,000208207$3,230,267$15,530
$48,001 - $75,000183182$2,189,760$11,966
$75,001 - $110,000132117$774,920$5,871
$110,001 or more245221$839,516$3,427