The financial aid department of Oakland University helps students by assisting them with scholarships, grants, and student loans in the event that they find the fees and the cost of living at the campus to be expensive. At the university, the average federal grant comes to be around $4,813, whereas the financial aid is $8,291. The university provides financial assistance in the form of state-level aid worth $1,085 and institutional aid worth $8,291. At OU, the total amount of need-based scholarships/grants awarded to students stands at $35,619,848 per year. On the other hand, the total non-need-based scholarships/grants offered in a year add up to $31,373,478.