How OU'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 Oakland University since 2011.

For that period, the average number of students who received grants aid/scholarships is 10,173, which is 64.55 % of all undergraduate students. 7,765 students which is 48.64% of undergraduate students received federal student loans and the average loan amount is $7,537.

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
2011-12	9,737 (61%)	$6,260	5,121 (32%)	$3,718	8,895 (56%)	$8,524
2012-13	7,075 (44%)	$6,910	3,764 (23%)	$3,874	6,455 (40%)	$8,544
2013-14	9,203 (55%)	$6,051	5,325 (32%)	$3,846	8,913 (54%)	$8,350
2014-15	9,375 (55%)	$6,270	5,360 (32%)	$3,896	8,987 (53%)	$8,458
2015-16	11,203 (67%)	$6,408	5,147 (31%)	$3,936	8,761 (52%)	$7,106
2016-17	9,527 (58%)	$6,849	4,935 (30%)	$4,024	8,661 (52%)	$8,571
2017-18	10,130 (64%)	$7,804	5,010 (32%)	$4,351	8,049 (51%)	$6,784
2018-19	10,062 (64%)	$7,716	4,973 (31%)	$4,461	7,627 (48%)	$6,651
2019-20	10,254 (66%)	$8,451	4,742 (31%)	$4,566	7,255 (47%)	$6,644
2020-21	11,811 (78%)	$8,238	4,534 (30%)	$4,633	6,418 (43%)	$6,639
2021-22	13,522 (98%)	$6,755	4,162 (30%)	$4,673	5,391 (39%)	$6,638
Average	10,173 (64.55%)	$7,065	4,825 (30.36%)	$4,180	7,765 (48.64%)	$7,537

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

For the last 12 years, on average, 2,039 (85.09 % of students) received grants or scholarships and its average amount is $9,047. It can cover 39.02% of tuition & fees ($23,188) based on out-of-state rate.

In addition, 1,314 (54.45 % of students) students get helped from the students loans (average amount : $5,510).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2011-12	2,114 (94%)	$6,655	1,909 (85%)	$6,249
2012-13	2,030 (86%)	$7,277	1,925 (82%)	$3,520
2013-14	1,956 (80%)	$8,672	1,249 (51%)	$5,526
2014-15	1,777 (74%)	$8,784	1,241 (51%)	$5,675
2015-16	1,905 (74%)	$9,109	1,384 (53%)	$5,568
2016-17	1,897 (75%)	$9,476	1,329 (52%)	$5,817
2017-18	2,093 (86%)	$9,322	1,220 (50%)	$5,271
2018-19	2,387 (89%)	$10,154	1,330 (50%)	$5,806
2019-20	2,323 (88%)	$9,903	1,252 (48%)	$5,856
2020-21	1,989 (90%)	$10,413	898 (41%)	$5,645
2021-22	1,956 (100%)	$9,755	713 (36%)	$5,672
Average	2,039 (85.09%)	$9,047	1,314 (54.45%)	$5,510

^*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, 834 (34.73 % of students) received Pell (federal) grants and its average amount is $4,513.

In addition, 179 students received State/local government grants/scholarships (7.36 % 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
2011-12	871 (39%)	$4,121	125 (6%)	$1,499	161 (7%)	$558	1,767 (79%)	$5,774
2012-13	767 (32%)	$4,233	61 (3%)	$1,469	182 (8%)	$824	1,746 (74%)	$6,464
2013-14	832 (34%)	$4,205	24 (1%)	$1,917	275 (11%)	$596	1,860 (76%)	$7,126
2014-15	844 (35%)	$4,159	37 (2%)	$1,869	213 (9%)	$672	1,659 (69%)	$7,165
2015-16	851 (33%)	$4,278	74 (3%)	$1,895	181 (7%)	$605	1,766 (68%)	$7,622
2016-17	825 (32%)	$4,391	103 (4%)	$1,911	313 (12%)	$642	1,791 (71%)	$7,792
2017-18	825 (34%)	$4,506	78 (3%)	$1,972	152 (6%)	$1,004	2,071 (85%)	$7,478
2018-19	936 (35%)	$4,689	60 (2%)	$1,923	152 (6%)	$1,085	2,360 (88%)	$8,291
2019-20	876 (33%)	$4,889	115 (4%)	$1,770	135 (5%)	$1,010	2,300 (87%)	$7,992
2020-21	831 (38%)	$4,945	1,268 (57%)	$2,265	135 (6%)	$977	1,913 (86%)	$7,108
2021-22	718 (37%)	$5,229	1,955 (100%)	$1,391	75 (4%)	$1,286	1,808 (92%)	$6,920
Average	834 (34.73%)	$4,513	355 (16.82%)	$1,807	179 (7.36%)	$842	1,913 (79.55%)	$7,248

^*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, 1,314 (54.45 % of students) get any students loan help and its average loan amount is $1,314.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2011-12	1,909 (85%)	$6,249	1,907 (85%)	$6,140	25 (1%)	$8,794
2012-13	1,925 (82%)	$3,520	1,884 (80%)	$3,446	41 (2%)	$6,884
2013-14	1,249 (51%)	$5,526	1,245 (51%)	$5,330	32 (1%)	$8,342
2014-15	1,241 (51%)	$5,675	1,235 (51%)	$5,325	59 (2%)	$7,904
2015-16	1,384 (53%)	$5,568	1,373 (53%)	$5,105	84 (3%)	$8,309
2016-17	1,329 (52%)	$5,817	1,312 (52%)	$5,189	105 (4%)	$8,795
2017-18	1,220 (50%)	$5,271	1,211 (50%)	$4,861	68 (3%)	$8,006
2018-19	1,330 (50%)	$5,806	1,308 (49%)	$5,090	103 (4%)	$10,330
2019-20	1,252 (48%)	$5,856	1,233 (47%)	$5,118	96 (4%)	$10,633
2020-21	898 (41%)	$5,645	876 (40%)	$4,896	66 (3%)	$11,832
2021-22	713 (36%)	$5,672	698 (36%)	$4,875	49 (3%)	$13,101
Average	1,314 (54.45%)	$5,510	1,298 (54.00%)	$5,034	66 (2.73%)	$9,357

Scholarships, Grants, and Loan Trends at OU

All Undergraduate Students Financial Aid Over Time

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

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