univstats

Oakwood Financial Aid

Number Received Financial Aid (All Undergraduate) 1,312
Percent Received Financial Aid(All Undergraduate) 93%
Average Aid Amount $14,587
Number Received Financial Aid (Freshmen) 347
Percent Received Financial Aid (Freshmen) 93%

Financial Aid Information at Oakwood

For the academic year 2023-2024, a total of 1,312 students (93% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $14,587. For freshmen (Full-time, first-time degree-seeking undergraduate students), 347 students (93% of enrolled students) received financial aid.
The 2025 undergraduate tuition & fees at Oakwood University is $22,512, for reference.

All Undergraduate Students Financial Aid

For the academic year 2023-2024, a total of 1,312 students (93% of all students) have received grants or scholarships and the average received aid amount is $14,587. It includes federal, state, local, institutional, or other sources of grant aid.
The following table describes the financial aid statistics by aid types at Oakwood University for all undergraduate students.
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 aid1,31293%$14,587
Pell Grants66947%$5,804
Federal Student Loans81358%$7,503

Beginning Students Financial Aid

a total of 347 beginning students (93% of all freshmen) have received any financial aid and 347 students (93% 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 Oakwood University.
Beginning Students (Freshmen) Financial Aid at Oakwood University
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid34793%-
Grants or Scholarship from All Sources34793%$15,780
Federal Grants15541%$6,632
Pell Grants15541%$6,088
Other Federal Grants4713%$1,793
State/Local Grants164%$1,736
Institutional Grants34592%$12,811
Student Loans15642%$6,228
Federal Student Loans15642%$5,878
Other Student Loans31%$18,182