How Oakwood's Financial Aid Changes

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Oakwood University since 2013.

For that period, the average number of students who received grants aid/scholarships is 1,414, which is 88.44 % of all undergraduate students. 1,140 students which is 70.67% of undergraduate students received federal student loans and the average loan amount is $6,730.

Year	Grant or Scholarship^*		Pell Grants		Federal Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	1,539 (83%)	$7,365	944 (51%)	$4,435	1,356 (73%)	$8,417
2014-15	1,536 (82%)	$7,472	997 (53%)	$4,329	1,354 (72%)	$8,168
2015-16	1,446 (84%)	$4,336	919 (53%)	$2,352	1,231 (71%)	$3,648
2016-17	1,537 (90%)	$8,075	904 (53%)	$4,490	1,248 (73%)	$7,226
2017-18	1,458 (89%)	$7,949	826 (50%)	$4,426	1,145 (70%)	$6,615
2018-19	1,480 (94%)	$10,607	752 (48%)	$4,765	1,076 (68%)	$7,806
2019-20	1,174 (86%)	$10,387	732 (54%)	$5,004	1,030 (75%)	$4,039
2020-21	1,239 (93%)	$13,253	632 (47%)	$5,090	920 (69%)	$7,443
2021-22	1,319 (95%)	$17,852	681 (49%)	$5,411	899 (65%)	$7,209
Average	1,414 (88.44%)	$9,700	821 (50.89%)	$4,478	1,140 (70.67%)	$6,730

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

Overview

For the last 10 years, on average, 322 (96.44 % of students) received grants or scholarships and its average amount is $11,658. It can cover 53.38% of tuition & fees ($21,838).

In addition, 232 (69.33 % of students) students get helped from the students loans (average amount : $7,494).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	333 (91%)	$9,154	247 (67%)	$8,743
2014-15	359 (96%)	$8,550	240 (64%)	$8,452
2015-16	328 (97%)	$9,074	223 (66%)	$8,807
2016-17	378 (98%)	$9,847	272 (70%)	$6,254
2017-18	351 (99%)	$10,447	240 (67%)	$6,591
2018-19	306 (100%)	$13,744	226 (74%)	$6,103
2019-20	299 (100%)	$10,434	289 (97%)	$9,024
2020-21	285 (94%)	$14,669	197 (65%)	$6,023
2021-22	259 (93%)	$19,004	151 (54%)	$7,452
Average	322 (96.44%)	$11,658	232 (69.33%)	$7,494

^*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.

Grants/Scholarship

The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 168 (50.22 % of students) received Pell (federal) grants and its average amount is $4,838.

In addition, 39 students received State/local government grants/scholarships (11.11 % of students).

Year	Federal (Pell) Grants		Other Federal		State/Local government		Institutional
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	170 (46%)	$4,389	34 (9%)	$1,991	67 (18%)	$851	312 (85%)	$6,979
2014-15	185 (50%)	$4,476	42 (11%)	$1,688	39 (10%)	$881	300 (80%)	$7,120
2015-16	185 (55%)	$4,460	48 (14%)	$1,825	67 (20%)	$697	276 (82%)	$7,307
2016-17	216 (56%)	$4,500	54 (14%)	$1,579	55 (14%)	$1,568	355 (92%)	$7,264
2017-18	167 (47%)	$4,565	33 (9%)	$2,021	71 (20%)	$618	339 (95%)	$8,242
2018-19	167 (55%)	$4,930	40 (13%)	$2,031	17 (6%)	$905	302 (99%)	$10,880
2019-20	146 (49%)	$5,200	36 (12%)	$2,317	19 (6%)	$1,049	247 (83%)	$9,139
2020-21	145 (48%)	$5,309	87 (29%)	$1,783	13 (4%)	$1,132	272 (90%)	$11,915
2021-22	129 (46%)	$5,715	41 (15%)	$1,984	6 (2%)	$1,963	259 (93%)	$15,798
Average	168 (50.22%)	$4,838	46 (14.00%)	$1,913	39 (11.11%)	$1,074	296 (88.78%)	$9,405

^*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..

Student Loans

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, 232 (69.33 % of students) get any students loan help and its average loan amount is $232.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	247 (67%)	$8,743	245 (67%)	$7,334	29 (8%)	$12,503
2014-15	240 (64%)	$8,452	238 (64%)	$6,646	34 (9%)	$13,139
2015-16	223 (66%)	$8,807	223 (66%)	$5,225	62 (18%)	$12,884
2016-17	272 (70%)	$6,254	272 (70%)	$5,378	19 (5%)	$12,532
2017-18	240 (67%)	$6,591	240 (67%)	$5,337	24 (7%)	$12,540
2018-19	226 (74%)	$6,103	225 (74%)	$6,106	1 (0%)	$5,500
2019-20	289 (97%)	$9,024	196 (66%)	$6,319	93 (31%)	$14,725
2020-21	197 (65%)	$6,023	197 (65%)	$5,957	1 (0%)	$13,000
2021-22	151 (54%)	$7,452	151 (54%)	$5,687	26 (9%)	$10,252
Average	232 (69.33%)	$7,494	221 (65.89%)	$5,999	32 (12.43%)	$11,897

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Scholarships, Grants, and Loan Trends at Oakwood

All Undergraduate Students Financial Aid Over Time

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