Scholarships, Grants, and Loan Trends at Oakland CC

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 6,193, which is 33.44 % of all undergraduate students. 3,136 students which is 15.89% of undergraduate students received federal student loans and the average loan amount is $4,885.
For full-time, first-time beginning students (freshmen), 53.00% of students received grants or scholarships and 20% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Oakland Community College since 2013.
For that period, the average number of students who received grants aid/scholarships is 6,193, which is 33.44 % of all undergraduate students. 3,136 students which is 15.89% of undergraduate students received federal student loans and the average loan amount is $4,885.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1410,161 (38%)$4,8479,651 (37%)$4,6046,408 (24%)$5,640
2014-158,812 (37%)$5,0998,303 (35%)$4,7335,465 (23%)$5,860
2015-166,400 (30%)$5,6245,618 (27%)$5,2103,491 (16%)$6,278
2016-174,718 (26%)$4,8234,224 (23%)$4,5173,016 (16%)$5,398
2017-184,611 (27%)$5,2364,126 (24%)$4,9562,452 (14%)$3,925
2018-193,593 (23%)$6,1783,039 (20%)$6,0931,847 (12%)$4,259
2019-204,777 (31%)$5,3603,324 (22%)$5,5242,051 (13%)$4,249
2020-214,968 (34%)$5,3983,246 (22%)$5,8321,727 (12%)$4,512
2021-227,694 (55%)$5,2333,621 (26%)$5,8861,767 (13%)$3,844
Average6,193 (33.44%)$5,3115,017 (26.22%)$5,2623,136 (15.89%)$4,885

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

For the last 10 years, on average, 575 (53.00 % of students) received grants or scholarships and its average amount is $5,597. It can cover 100.67% of tuition & fees ($5,560) based on out-of-state rate.
In addition, 224 (20.00 % of students) students get helped from the students loans (average amount : $4,247).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14781 (66%)$5,104483 (41%)$4,867
2014-15873 (64%)$5,071342 (25%)$4,106
2015-16586 (54%)$5,717298 (27%)$5,176
2016-17342 (44%)$4,866103 (13%)$4,348
2017-18304 (38%)$5,49194 (12%)$3,670
2018-19316 (38%)$7,121123 (15%)$3,999
2019-20529 (51%)$5,673159 (15%)$4,222
2020-21801 (51%)$5,772285 (18%)$3,990
2021-22646 (71%)$5,558125 (14%)$3,847
Average575 (53.00%)$5,597224 (20.00%)$4,247
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.
The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 433 (39.22 % of students) received Pell (federal) grants and its average amount is $5,459.
In addition, 89 students received State/local government grants/scholarships (8.11 % of students).
Year Federal (Pell) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14716 (61%)$4,802243 (21%)$577125 (11%)$1,750132 (11%)$1,434
2014-15802 (59%)$4,526374 (28%)$806144 (11%)$1,895183 (13%)$1,219
2015-16490 (45%)$5,150275 (25%)$1,186110 (10%)$2,052168 (15%)$1,636
2016-17251 (32%)$4,68098 (13%)$96663 (8%)$2,094148 (19%)$1,776
2017-18245 (30%)$5,19871 (9%)$1,15451 (6%)$2,177126 (16%)$1,608
2018-19244 (29%)$6,945127 (15%)$1,20952 (6%)$2,313139 (17%)$2,027
2019-20326 (31%)$5,747289 (28%)$1,80161 (6%)$2,176257 (25%)$1,846
2020-21526 (33%)$6,084672 (43%)$1,184117 (7%)$2,337202 (13%)$1,754
2021-22301 (33%)$5,998564 (62%)$2,17874 (8%)$3,206267 (29%)$1,198
Average433 (39.22%)$5,459301 (27.11%)$1,22989 (8.11%)$2,222180 (17.56%)$1,611
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students..
The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.
For the last 10 years, on average, 224 (20.00 % of students) get any students loan help and its average loan amount is $224.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14483 (41%)$4,867481 (41%)$4,8622 (0%)$6,100
2014-15342 (25%)$4,106341 (25%)$4,1141 (0%)$1,340
2015-16298 (27%)$5,176297 (27%)$5,1891 (0%)$1,500
2016-17103 (13%)$4,348103 (13%)$4,348--
2017-1894 (12%)$3,67093 (12%)$3,6451 (0%)$6,000
2018-19123 (15%)$3,999123 (15%)$3,999--
2019-20159 (15%)$4,222157 (15%)$4,1603 (0%)$6,093
2020-21285 (18%)$3,990281 (18%)$3,9195 (0%)$7,198
2021-22125 (14%)$3,847125 (14%)$3,847--
Average224 (20.00%)$4,247222 (20.00%)$4,2312 (0.00%)$4,705
Most Searched Michigan Colleges (last 30 days)
Related Articles and Ads