$4,223

Avg. Federal Grant

$6,333

Avg. Federal Loan

$15,568,349

Total Aid Awarded

Ohio Christian University (OCU) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

63%

Total Aid Amount Average Total Aid Awarded per year.

$15.568M

Financial Aid Official Website

www.ohiochristian.edu/aid

Ohio Christian University provides a wide array of scholarships, grants and loans to ease the financial burden of the student. You need to fill out the university’s Free Application for Federal Student Aid (FAFSA). Doing so will help you apply for scholarships based on your financial need while also enrolling you in programs with limited funding. Ohio Christian University’s Federal School Code is 003030.

Scholarship

As mentioned, OCU provides numerous scholarships to both graduates and undergraduates. Scholarships are awarded upon admission and are renewed as long as you maintain the required GPA and full-time enrollment. We have mentioned a few of the scholarships down below.

  • Creative Communities Scholarships and Internship
  • Ohio’s Future Scholarship and Internship
  • Homeschool Excellence Scholarship and Internship
  • Distinguished Trailblazer Scholarship and Internship
  • Presidential Scholarship
  • Provost’s Scholarship
  • Merit Scholarship
  • Academic Achievement Scholarship

The university also has many other scholarships, more about which you can read on the university’s Scholarships and Grants webpage.

Grants

  • Federal Pell Grants: The university provides the Federal Pell Grant to about 64% of the student. This Grant is available to all students without a Bachelor’s degree. The amount that is offered to each student varies in accordance with the regulations set under the Federal Pell Grant program. The average amount offered to each student is $4,223.
  • State Grants: Ohio Christian University also provides State Grants to 32% of the students. The average aid offered per year is $2,306.
  • Institutional Grants: OCU awards grants up to $7,073 to around 55% of its students.

Student Loans

Around 74% of the students studying at OCU take student loans. The average loan amount per year is $7,006. Most students generally stick to the default loan rate of 18.3%. Ohio Christian University offers Private loans, Subsidized Federal Direct Loan, and Unsubsidized Federal Direct Loans. The Federal PLUS Loan is available to parents as well. The university has explained each type of loan offered on its Student Loans webpage.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

64%

State Grant Aid

32%

Institution Grant Aid

55%

Pell Grant

63%

Average Aid Awarded

Federal Grant Aid

$4,223

State Grant Aid

$2,306

Institution Grant Aid

$7,073

Pell Grant

$4,062

The university has provided an in-depth breakdown of the financial aid, which we have covered down below.

  • Ohio Christian University has offered a total aid of $15,568,349 in the form of scholarships, grants and loans till date.
  • OCU is able to cater to the financial needs of 63% of its students.
  • Federal Grant is offered to 64% of the students, with an average amount of $4,223 provided to each student.
  • Institution Grants are offered to around 55% of the students. Each student receives an average amount of $7,073.
  • An average of $4,062 is offered to 63% of the students studying at OCU under the Pell Grant.
  • Around 32% of the students receive State Grants which amount to $2,306 per student.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$6,905

$30,001 - $48,000

$10,987

$48,001 - $75,000

$10,169

$75,001 - $110,000

$6,331

Over $110,000

$9,478

The university also provides Financial Aid which depends on the student’s family income. Students whose family income lies between $0 and $30,000 receive an average financial aid of $6,905. Meanwhile, $10,987 and $10,169 is offered to students whose income bracket falls in between $30,001 to $48,000 and $48,001 to $75,000 respectively. Higher-income groups receive a substantially lesser amount. $6,331 is offered to students whose family income lies between $75,001 and $110,000, while $9,478 is offered to those who earn more than $110,000 annually.

Student Loans for Ohio Christian University (OCU)

Average Loan Amount Average Loan Amount received per year.

$7,006/Year

Students Taking Out Loans

74%

Loan Default Rate

18%

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