univstats
Financial Aid Scoreboard
Number Received Financial Aid (All Undergraduate) 10,254
Percent Received Financial Aid(All Undergraduate) 66%
Average Aid Amount $8,451
Number Received Financial Aid (Freshmen) 2,456
Percent Received Financial Aid (Freshmen) 93%

Financial Aid Information at OU

For the academic year 2020-2021, a total of 10,254 students (66% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $8,451. For freshmen (Full-time, first-time degree-seeking undergraduate students), 2,456 students (93% of enrolled students) received financial aid.
The 2022 undergraduate tuition & fees at Oakland University is $13,934 for Michigan residents and $24,708 for out-of-state students, for reference.

All Undergraduate Students Financial Aid

For the academic year 2020-2021, a total of 10,254 students (66% of all students) have received grants or scholarships and the average received aid amount is $8,451. 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 aid10,25466%$8,451
Pell Grants4,74231%$4,566
Federal Student Loans7,25547%$6,644

Beginning Students Financial Aid

a total of 2,456 beginning students (93% of all freshmen) have received any financial aid and 2,432 students (92% 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 Aid2,45693%-
Grants or Scholarship from All Sources2,32388%$9,903
Federal Grants87833%$5,110
Pell Grants87633%$4,889
Other Federal Grants1154%$1,770
State/Local Grants1355%$1,010
Institutional Grants2,30087%$7,992
Student Loans1,25248%$5,856
Federal Student Loans1,23347%$5,118
Other Student Loans964%$10,633

Students Headcount by Living Status

For academic year 2020-2021, total 2,245 full-time beginning students have enrolled and attended Oakland University. Among them, 982 students have lived on campus and 156 students lived off campus (without family). Next table shows the students count by living status and years.
Student Headcount by Living Location/Setting at Oakland University
Living Status201820192020
Living On-Campus9171,036982
Living Off-Campus with Family800896872
Living Off-Campus without Family126158156

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

Next 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 2020-2021 . 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 level1,5651,462$16,164,814$10,329
$0 - $30,000410410$6,079,992$14,829
$30,001 - $48,000229229$3,421,128$14,939
$48,001 - $75,000273270$3,213,194$11,770
$75,001 - $110,000271248$2,069,373$7,636
$110,001 or more382305$1,381,127$3,616