Alabama students paid $19,732 to attend the four-year private not-for-profit institution this year – $3,012 more than the $16,720 charged for 2017-18.
Data shows 100 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 351 students received grants or scholarships totaling $3.7 million and 240 students took out student loans totaling more than $1.6 million.
Including all undergraduates (1,636), 1,458 students used grants or scholarships totaling $11.6 million, and 1,145 students took out $7.6 million in federal student loans.
The cost of attending
Enrollment | 2015-16 | 2016-17 | 2017-18 | 2018-19 | Change in tuition and fees 2015-16 to 2018-19 | |
---|---|---|---|---|---|---|
In-state | ~262 | $16,720 | $16,750 | $16,720 | $19,732 | 18% |
Undergraduate financial aid
The following data includes only full-time students who began an undergraduate program at Oakwood University in 2015-16.Type of Aid | Number of students receiving aid | Percent receiving aid | Total amount of aid received | Average amount of aid per student |
---|---|---|---|---|
Federal grants | 167 | 47% | $829,005 | $4,964 |
State / local grant or scholarship | 71 | 20% | $43,880 | $618 |
Institutional grants or scholarships | 339 | 95% | $2,793,992 | $8,242 |
Grant or scholarship aid total | 351 | 99% | $3,666,877 | $10,447 |
Federal student loans | 240 | 67% | $1,280,835 | $5,337 |
Other student loans | 24 | 7% | $300,969 | $12,540 |
Student loan aid | 240 | 67% | $1,581,804 | $6,591 |
Total student aid | 356 | 100% | - | - |