Oakwood's tuition & fees has increased from $16,720 (2015) to $22,512 (2025), and the rate of tuition increase is 34.64% over the past 10 years. The graduate school tuition & fees has raised from $13,676 (year 2015) to $14,516 (year 2025).
Oakwood's tuition increase rate is higher than the Alabama's average increase rate of 21.50%. Compare to all colleges in United States, it's increase rate is higher than the average increase rate of 10.99%.
Cost of Attendance (COA) Trends
The total cost of attendance (COA), including tuition & fees, books & supplies costs, and living costs, increased by 14.95% from 2015 ($35,750).
For the current academic year 2024-2025, Oakwood's COA is $41,096, which is increased by 1.67% from last year.
The following table and chart show changes to Oakwood's COA over the past 10 years.
Tuition & Fees Changes
The tuition & fees have increased 34.64% for the last 10 years , and the 2025 tuition & fees are $21,344. The following table and chart show the tuition & fees changes at Oakwood University over last the 10 years.
Books & Supplies Costs Changes
The cost of purchasing books & supplies which are required/recommended for courses $1,200, and it has decreased -16.67% from the year 2015 to 2025.
| Year | Books & Supplies | Change by Year |
| 2015-16 | $1,440 | - |
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| 2016-17 | $1,440 | |
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| 2017-18 | $1,440 | |
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| 2018-19 | $1,440 | |
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| 2019-20 | $1,500 | 4.17% |
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| 2020-21 | $1,200 | -20.00% |
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| 2021-22 | $1,200 | |
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| 2022-23 | $1,200 | |
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| 2023-24 | $1,200 | |
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| 2024-25 | $1,200 | |
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Living Costs Changes
The living costs including room, board, and other living expenses have increased -1.79% when a student lives on-campus facilities and 17.93% when living-off campus from the year 2015 to 2025. The following table shows the changes in living costs at Oakwood University.
| Year | Living On Campus | Living Off Campus | Change by Year |
| 2015-16 | $17,590 | $16,050 | - |
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| 2016-17 | $17,590 | $16,050 | |
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| 2017-18 | $17,590 | $16,050 | |
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| 2018-19 | $17,590 | $16,050 | |
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| 2019-20 | $16,274 | $16,274 | -7.48% |
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| 2020-21 | $16,174 | $16,174 | -0.61% |
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| 2021-22 | $17,374 | $21,210 | 7.42% |
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| 2022-23 | $17,384 | $21,210 | 0.06% |
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| 2023-24 | $17,384 | $21,310 | |
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| 2024-25 | $17,384 | $21,310 | |
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Compare Tuition Change to Similar Colleges
The following table compares 2025 tuition and increase rate from last year between Oakwood University and similar schools.
| 2025 | 2024 | Increase Rate |
| Oakwood University | $22,512 | $21,838 | 3.09% |
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| Samford University | $40,150 | $38,144 | 5.26% |
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| Tuskegee University | $25,386 | $23,440 | 8.30% |
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| Faulkner University | $23,920 | $23,920 | - |
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| University of Mobile | $26,910 | $26,120 | 3.02% |
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| Miles College | $13,314 | $12,714 | 4.72% |
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