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What is the average financial aid amount at Oakwood University?

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For the academic year 2022-2023, total 259 full-time, first-time students (93% 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 1,319 students (95% of all students) received grants or scholarships and the average grant amount is $17,852. In addition, 899 students received student loans and the average loan amount is $7,209.

Below tables show the number and amount by source of financial aid at Oakwood University.
All Undergraduate Student Financial Aid at Oakwood University
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid1,31995%$17,852
Pell Grants68149%$5,411
Federal Student Loans89965%$7,209
Beginning Students (Freshmen) Financial Aid at Oakwood University
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid25993%-
Grants or Scholarship from All Sources25993%$19,004
Federal Grants12946%$6,346
Pell Grants12946%$5,715
Other Federal Grants4115%$1,984
State/Local Grants62%$1,963
Institutional Grants25993%$15,798
Student Loans15154%$7,452
Federal Student Loans15154%$5,687
Other Student Loans269%$10,252
see more grants, scholarship, student loans, and other financial aid stats

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