$4,879

Avg. Federal Grant

$6,034

Avg. Federal Loan

$26,527,721

Total Aid Awarded

Oklahoma Christian University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

95%

Total Aid Amount Average Total Aid Awarded per year.

$26.528M

Financial Aid Official Website

www.oc.edu/services/financial/

Such schemes include American Society of Landscape Architects Scholarship, Capitol Hill High School Scholarship, Central High School Alumni Association Scholarship, and Dan Zanowiak Memorial Scholarship. Notably, 99% of the students at Oklahoma Christian University get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $6,504,499. One can visit OCU's financial aid page at http://www.oc.edu/services/financial/ for more information. Notably, a total of 28% of the applicants to Oklahoma Christian University receive the Federal Grant every year. On the other hand, 99% of the candidates get the Student Grant, 99% receive the Institution Grant, and 28% get the Pell Grant. While the Federal Grant awardees receive an average aid of $5,186, the State Grant receivers and Institution Grant beneficiaries get $4,207 and $12,477, respectively. On the other hand, the average aid received by the Pell Grant awardees is $4,472. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Students whose family income per annum is less than $30,000 will receive a federal aid of $19,103 on average in a year. Candidates who come under the $30,001-$48,000 family income bracket receive an average aid of $18,028, while those falling in the $48,001-$75,000 income category get $17,351 a year. Meanwhile, the average federal aid for students in the $75,001-$110,000 income bracket is $13,179. And, for those with a family income of more than $110,000, the amount stands at $10,434. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. However, student loans attract a certain rate of interest at which the funds are borrowed. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. Every year, around 59% of the applicants to Oklahoma Christian University opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

29%

State Grant Aid

10%

Institution Grant Aid

98%

Pell Grant

29%

Average Aid Awarded

Federal Grant Aid

$4,879

State Grant Aid

$5,017

Institution Grant Aid

$12,280

Pell Grant

$4,277

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$17,933

$30,001 - $48,000

$18,873

$48,001 - $75,000

$15,828

$75,001 - $110,000

$13,631

Over $110,000

$10,731

Student Loans for Oklahoma Christian University

Average Loan Amount Average Loan Amount received per year.

$6,807/Year

Students Taking Out Loans

57%

Loan Default Rate

6.8%

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