Scholarships, Grants, and Loan Trends at Oakton

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 2,396, which is 27.22 % of all undergraduate students. 92 students which is 1.11% of undergraduate students received federal student loans and the average loan amount is $3,787.
For full-time, first-time beginning students (freshmen), 52.33% of students received grants or scholarships and 2% 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 Oakton College since 2013.
For that period, the average number of students who received grants aid/scholarships is 2,396, which is 27.22 % of all undergraduate students. 92 students which is 1.11% of undergraduate students received federal student loans and the average loan amount is $3,787.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-142,669 (25%)$3,2052,121 (20%)$3,163163 (2%)$3,409
2014-152,604 (25%)$3,2612,087 (20%)$3,131143 (1%)$3,701
2015-162,434 (25%)$3,2231,912 (19%)$3,233108 (1%)$3,744
2016-172,269 (24%)$3,2931,705 (18%)$3,22187 (1%)$3,403
2017-182,226 (25%)$3,5881,697 (19%)$3,53883 (1%)$3,514
2018-192,166 (26%)$3,8361,639 (19%)$3,71778 (1%)$4,003
2019-202,359 (29%)$3,6611,594 (20%)$3,68565 (1%)$4,327
2020-212,102 (29%)$4,3171,445 (20%)$3,73458 (1%)$3,853
2021-222,737 (37%)$4,5041,330 (18%)$3,58746 (1%)$4,127
Average2,396 (27.22%)$3,6541,726 (19.22%)$3,44592 (1.11%)$3,787

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

For the last 10 years, on average, 289 (52.33 % of students) received grants or scholarships and its average amount is $4,281. It can cover 34.35% of tuition & fees ($12,462) based on out-of-state rate.
In addition, 11 (2.00 % of students) students get helped from the students loans (average amount : $4,631).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14401 (54%)$4,00013 (2%)$3,649
2014-15328 (47%)$4,11110 (1%)$3,992
2015-16261 (46%)$3,90420 (4%)$4,557
2016-17245 (47%)$4,1627 (1%)$5,776
2017-18256 (53%)$4,7285 (1%)$4,421
2018-19261 (52%)$4,57918 (4%)$5,563
2019-20280 (55%)$4,5978 (2%)$4,882
2020-21278 (52%)$4,3357 (1%)$4,094
2021-22293 (65%)$4,1107 (2%)$4,748
Average289 (52.33%)$4,28111 (2.00%)$4,631
*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, 211 (37.67 % of students) received Pell (federal) grants and its average amount is $4,475.
In addition, 130 students received State/local government grants/scholarships (23.89 % 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
2013-14310 (41%)$4,08629 (4%)$637163 (22%)$1,279101 (13%)$1,093
2014-15259 (37%)$4,04929 (4%)$632140 (20%)$1,22480 (12%)$1,377
2015-16176 (31%)$4,38328 (5%)$73284 (15%)$1,34682 (14%)$1,389
2016-17183 (35%)$4,35124 (5%)$625102 (20%)$1,05974 (14%)$1,359
2017-18196 (40%)$4,70827 (6%)$693114 (23%)$1,26687 (18%)$1,432
2018-19185 (37%)$4,95237 (7%)$695111 (22%)$1,12381 (16%)$1,588
2019-20207 (40%)$4,76847 (9%)$630138 (27%)$1,17965 (13%)$1,660
2020-21192 (36%)$4,45664 (12%)$586154 (29%)$1,16477 (14%)$1,725
2021-22189 (42%)$4,51882 (18%)$595165 (37%)$1,14367 (15%)$1,684
Average211 (37.67%)$4,47541 (7.78%)$647130 (23.89%)$1,19879 (14.33%)$1,479
*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, 11 (2.00 % of students) get any students loan help and its average loan amount is $11.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1413 (2%)$3,64910 (1%)$3,2183 (0%)$5,088
2014-1510 (1%)$3,9927 (1%)$4,3073 (0%)$3,256
2015-1620 (4%)$4,55718 (3%)$4,3142 (0%)$6,750
2016-177 (1%)$5,7766 (1%)$5,4061 (0%)$8,000
2017-185 (1%)$4,4215 (1%)$4,421--
2018-1918 (4%)$5,56315 (3%)$4,7963 (1%)$9,400
2019-208 (2%)$4,8826 (1%)$3,8432 (0%)$8,000
2020-217 (1%)$4,0946 (1%)$3,5261 (0%)$7,500
2021-227 (2%)$4,7485 (1%)$4,9242 (0%)$4,310
Average11 (2.00%)$4,6319 (1.44%)$4,3062 (1.00%)$6,538
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