Oakland Community College Financial Aid and Scholarships
Students Receiving Aid
27%
Total Aid Amount
$24.142M
Financial Aid Official Website
https://oaklandcc.edu/FinAid
Among them are scholarship programs such as Art and Helen Nickless Scholarship, Auburn Jaycees Education Scholarship, Bay City Civitan/Marcella Barber Scholarship, and Bay City Kiwanis Educational Scholarship. Notably, 45% of the students at Oakland Community College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $7,866,837. More information regarding the financial assistance schemes can be accessed on OCC’s official financial aid page at https://oaklandcc.edu/FinAid. At OCC, the total percentage of applicants who receive the Federal Grant stands at 29%. Meanwhile, 38% of the applicants receive the Student Grant and 17% are awarded the Institution Grant, while 29% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $7,575, and the same stands at $2,313 for State Grant awardees and $2,027 for Institution Grant recipients. And, for the Pell Grant awardees, the average aid amount is $6,093. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At Oakland Community College, the percentage of candidates who opt to avail of student loans is around 15%.
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