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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 2011.
For that period, the average number of students who received grants aid/scholarships is 1,464, which is 88.00 % of all undergraduate students. 1,197 students which is 71.36% of undergraduate students received federal student loans and the average loan amount is $7,032.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-121,756 (90%)$6,766991 (51%)$4,1611,455 (75%)$8,221
2012-131,617 (82%)$6,868996 (51%)$4,2211,457 (74%)$8,560
2013-141,539 (83%)$7,365944 (51%)$4,4351,356 (73%)$8,417
2014-151,536 (82%)$7,472997 (53%)$4,3291,354 (72%)$8,168
2015-161,446 (84%)$4,336919 (53%)$2,3521,231 (71%)$3,648
2016-171,537 (90%)$8,075904 (53%)$4,4901,248 (73%)$7,226
2017-181,458 (89%)$7,949826 (50%)$4,4261,145 (70%)$6,615
2018-191,480 (94%)$10,607752 (48%)$4,7651,076 (68%)$7,806
2019-201,174 (86%)$10,387732 (54%)$5,0041,030 (75%)$4,039
2020-211,239 (93%)$13,253632 (47%)$5,090920 (69%)$7,443
2021-221,319 (95%)$17,852681 (49%)$5,411899 (65%)$7,209
Average1,464 (88.00%)$9,175852 (50.91%)$4,4261,197 (71.36%)$7,032

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

OverviewGrants/ScholarshipStudent Loans
For the last 12 years, on average, 331 (95.82 % of students) received grants or scholarships and its average amount is $10,940. It can cover 50.10% of tuition & fees ($21,838).
In addition, 247 (71.36 % of students) students get helped from the students loans (average amount : $7,724).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-12367 (95%)$7,492338 (88%)$8,288
2012-13371 (91%)$7,926298 (73%)$9,230
2013-14333 (91%)$9,154247 (67%)$8,743
2014-15359 (96%)$8,550240 (64%)$8,452
2015-16328 (97%)$9,074223 (66%)$8,807
2016-17378 (98%)$9,847272 (70%)$6,254
2017-18351 (99%)$10,447240 (67%)$6,591
2018-19306 (100%)$13,744226 (74%)$6,103
2019-20299 (100%)$10,434289 (97%)$9,024
2020-21285 (94%)$14,669197 (65%)$6,023
2021-22259 (93%)$19,004151 (54%)$7,452
Average331 (95.82%)$10,940247 (71.36%)$7,724
*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 12 years, on average, 173 (50.00 % of students) received Pell (federal) grants and its average amount is $4,753.
In addition, 34 students received State/local government grants/scholarships (9.55 % 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
2011-12174 (45%)$4,37645 (12%)$1,86417 (4%)$132339 (88%)$5,611
2012-13216 (53%)$4,36350 (12%)$1,8406 (1%)$180334 (82%)$5,704
2013-14170 (46%)$4,38934 (9%)$1,99167 (18%)$851312 (85%)$6,979
2014-15185 (50%)$4,47642 (11%)$1,68839 (10%)$881300 (80%)$7,120
2015-16185 (55%)$4,46048 (14%)$1,82567 (20%)$697276 (82%)$7,307
2016-17216 (56%)$4,50054 (14%)$1,57955 (14%)$1,568355 (92%)$7,264
2017-18167 (47%)$4,56533 (9%)$2,02171 (20%)$618339 (95%)$8,242
2018-19167 (55%)$4,93040 (13%)$2,03117 (6%)$905302 (99%)$10,880
2019-20146 (49%)$5,20036 (12%)$2,31719 (6%)$1,049247 (83%)$9,139
2020-21145 (48%)$5,30987 (29%)$1,78313 (4%)$1,132272 (90%)$11,915
2021-22129 (46%)$5,71541 (15%)$1,9846 (2%)$1,963259 (93%)$15,798
Average173 (50.00%)$4,75346 (13.64%)$1,90234 (9.55%)$907303 (88.09%)$8,724
*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 12 years, on average, 247 (71.36 % of students) get any students loan help and its average loan amount is $247.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2011-12338 (88%)$8,288272 (70%)$7,20566 (17%)$12,748
2012-13298 (73%)$9,230294 (72%)$7,37749 (12%)$11,871
2013-14247 (67%)$8,743245 (67%)$7,33429 (8%)$12,503
2014-15240 (64%)$8,452238 (64%)$6,64634 (9%)$13,139
2015-16223 (66%)$8,807223 (66%)$5,22562 (18%)$12,884
2016-17272 (70%)$6,254272 (70%)$5,37819 (5%)$12,532
2017-18240 (67%)$6,591240 (67%)$5,33724 (7%)$12,540
2018-19226 (74%)$6,103225 (74%)$6,1061 (0%)$5,500
2019-20289 (97%)$9,024196 (66%)$6,31993 (31%)$14,725
2020-21197 (65%)$6,023197 (65%)$5,9571 (0%)$13,000
2021-22151 (54%)$7,452151 (54%)$5,68726 (9%)$10,252
Average247 (71.36%)$7,724232 (66.82%)$6,23437 (12.89%)$11,972

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