Scholarships, Grants, and Loan Trends at ORU

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 2,822, which is 84.22 % of all undergraduate students. 1,905 students which is 56.89% of undergraduate students received federal student loans and the average loan amount is $9,555.
For full-time, first-time beginning students (freshmen), 96.89% of students received grants or scholarships and 68% 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 Oral Roberts University since 2013.
For that period, the average number of students who received grants aid/scholarships is 2,822, which is 84.22 % of all undergraduate students. 1,905 students which is 56.89% of undergraduate students received federal student loans and the average loan amount is $9,555.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-142,666 (92%)$13,6101,219 (42%)$4,2151,812 (63%)$10,333
2014-152,558 (87%)$14,4701,291 (44%)$4,2791,749 (59%)$10,380
2015-162,655 (87%)$14,3881,310 (43%)$4,1501,811 (59%)$10,055
2016-172,780 (85%)$15,5921,364 (41%)$4,1981,938 (59%)$9,680
2017-182,921 (86%)$16,1181,384 (41%)$4,6812,015 (60%)$9,971
2018-192,880 (82%)$17,3441,391 (39%)$4,7372,009 (57%)$8,651
2019-202,960 (83%)$17,7131,349 (38%)$4,6971,990 (56%)$9,127
2020-212,992 (81%)$17,1291,330 (36%)$4,7611,883 (51%)$8,912
2021-222,989 (75%)$18,6601,460 (36%)$5,0341,940 (48%)$8,888
Average2,822 (84.22%)$16,1141,344 (40.00%)$4,5281,905 (56.89%)$9,555

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

For the last 10 years, on average, 513 (96.89 % of students) received grants or scholarships and its average amount is $19,787. It can cover 58.03% of tuition & fees ($34,100).
In addition, 360 (68.00 % of students) students get helped from the students loans (average amount : $8,963).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14393 (100%)$15,398277 (70%)$9,118
2014-15382 (96%)$15,765266 (67%)$9,387
2015-16404 (94%)$15,681271 (63%)$9,550
2016-17464 (99%)$19,393328 (70%)$9,515
2017-18551 (89%)$18,896393 (63%)$10,321
2018-19544 (98%)$21,761433 (78%)$8,642
2019-20640 (99%)$23,575406 (63%)$7,767
2020-21583 (99%)$23,936409 (70%)$8,240
2021-22653 (98%)$23,675457 (68%)$8,126
Average513 (96.89%)$19,787360 (68.00%)$8,963
*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, 222 (41.78 % of students) received Pell (federal) grants and its average amount is $4,966.
In addition, 78 students received State/local government grants/scholarships (14.56 % 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
2013-14176 (45%)$4,57079 (20%)$90349 (12%)$3,998393 (100%)$12,671
2014-15157 (39%)$4,65851 (13%)$92263 (16%)$4,017379 (95%)$13,169
2015-16171 (40%)$4,46664 (15%)$88564 (15%)$4,326403 (94%)$12,997
2016-17193 (41%)$4,50596 (21%)$92155 (12%)$4,267459 (98%)$17,006
2017-18238 (38%)$4,851119 (19%)$88775 (12%)$3,860548 (88%)$16,171
2018-19242 (44%)$5,137106 (19%)$89068 (12%)$4,228540 (97%)$18,913
2019-20278 (43%)$5,426108 (17%)$897127 (20%)$4,370640 (99%)$20,199
2020-21245 (42%)$5,449151 (26%)$1,020102 (17%)$4,963578 (98%)$20,691
2021-22297 (44%)$5,631168 (25%)$880103 (15%)$4,688648 (97%)$20,303
Average222 (41.78%)$4,966105 (19.44%)$91278 (14.56%)$4,302510 (96.22%)$16,902
*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, 360 (68.00 % of students) get any students loan help and its average loan amount is $360.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14277 (70%)$9,118276 (70%)$8,74011 (3%)$10,316
2014-15266 (67%)$9,387264 (66%)$9,05011 (3%)$9,795
2015-16271 (63%)$9,550270 (63%)$9,20010 (2%)$10,407
2016-17328 (70%)$9,515328 (70%)$9,2518 (2%)$10,807
2017-18393 (63%)$10,321392 (63%)$10,05019 (3%)$6,137
2018-19433 (78%)$8,642358 (65%)$8,17594 (17%)$8,675
2019-20406 (63%)$7,767398 (61%)$6,113104 (16%)$6,925
2020-21409 (70%)$8,240405 (69%)$6,004146 (25%)$6,428
2021-22457 (68%)$8,126452 (68%)$5,836215 (32%)$5,003
Average360 (68.00%)$8,963349 (66.11%)$8,04769 (11.44%)$8,277
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