For the academic year 2022-2023, total 660 full-time, first-time students (99% 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 2,989 students (75% of all students) received grants or scholarships and the average grant amount is $18,660. In addition, 1,940 students received student loans and the average loan amount is $8,888.
Below tables show the number and amount by source of financial aid at Oral Roberts University.
For all undergraduate students, total 2,989 students (75% of all students) received grants or scholarships and the average grant amount is $18,660. In addition, 1,940 students received student loans and the average loan amount is $8,888.
Below tables show the number and amount by source of financial aid at Oral Roberts University.
Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
---|---|---|---|
Federal, state, local, institutional or other grant aid | 2,989 | 75% | $18,660 |
Pell Grants | 1,460 | 36% | $5,034 |
Federal Student Loans | 1,940 | 48% | $8,888 |
Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
---|---|---|---|
Any Student Financial Aid | 660 | 99% | - |
Grants or Scholarship from All Sources | 653 | 98% | $23,675 |
Federal Grants | 299 | 45% | $6,088 |
Pell Grants | 297 | 44% | $5,631 |
Other Federal Grants | 168 | 25% | $880 |
State/Local Grants | 103 | 15% | $4,688 |
Institutional Grants | 648 | 97% | $20,303 |
Student Loans | 457 | 68% | $8,126 |
Federal Student Loans | 452 | 68% | $5,836 |
Other Student Loans | 215 | 32% | $5,003 |
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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