$5,051

Avg. Federal Grant

$6,964

Avg. Federal Loan

$61,673,381

Total Aid Awarded

University of Central Oklahoma Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

65%

Total Aid Amount Average Total Aid Awarded per year.

$61.673M

Financial Aid Official Website

https://www.uco.edu/admissions-aid/

Students can avail of scholarships provided by the university, such as American Society of Landscape Architects Scholarship, Capitol Hill High School Scholarship, Central High School Alumni Association Scholarship, and Dan Zanowiak Memorial Scholarship, if they find educational expenses to be on the higher side. As many as 91% of the students at UCO get some sort of financial aid, and the total amount of assistance/loans provided is more than $52,772,209 in a year. For additional information about financial assistance schemes, one can head over to UCO’s financial aid page at https://www.uco.edu/admissions-aid/. Notably, a total of 49% of the applicants to University of Central Oklahoma receive the Federal Grant every year. On the other hand, 77% of the candidates get the Student Grant, 47% receive the Institution Grant, and 47% get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,338, and the same stands at $6,012 for State Grant awardees and $2,550 for Institution Grant recipients. And, for the Pell Grant awardees, the average aid amount is $4,649. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. 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. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At UCO, an estimated number of 66% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

47%

State Grant Aid

30%

Institution Grant Aid

39%

Pell Grant

43%

Average Aid Awarded

Federal Grant Aid

$5,051

State Grant Aid

$4,888

Institution Grant Aid

$3,237

Pell Grant

$4,642

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$9,698

$30,001 - $48,000

$9,180

$48,001 - $75,000

$4,217

$75,001 - $110,000

$1,718

Over $110,000

$1,409

Student Loans for University of Central Oklahoma

Average Loan Amount Average Loan Amount received per year.

$7,826/Year

Students Taking Out Loans

47%

Loan Default Rate

10.1%

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