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Oakwood University

#540 in US ranking Huntsville, AL
Type:
Private not-for-profit
Programs:
4 years or more

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Oakwood University award
Oakwood University award

Cost

Cost / year
$40,707
Tuition & fees
$23,528
Avg. aid
$14,369
Receiving aid
100%

Admissions

Acceptance rate
45%

Outcomes

Graduation rate
45%
Median salary
$35,029
1 yr after graduation

What is the cost of studying for a year at Oakwood University?

For 2024-25, reported full-time undergraduate tuition was $21,344 and required fees were $1,168, for a combined $22,512 before housing, food, books, transportation, and personal expenses. The reported tuition and fees were the same for in-state and out-of-state undergraduates.

  • Full-time undergraduate tuition and required fees, 2025-26: $23,528.
  • Reported annual room and board charge: $10,656.
  • Tuition, required fees, and that room-and-board charge combined: $33,168, excluding other expenses.

That combined figure is not a complete cost-of-attendance budget. Students should also allow for course materials, travel, personal expenses, and any program-specific charges. Commuters and residents can have substantially different budgets.

Published charges are also different from net price, which reflects costs after grant and scholarship aid for the population measured. Reported average net price was $22,444 for students from families earning no more than $48,000 and $24,501 for those in the $48,001-$75,000 band. Those averages are not individual aid offers. Oakwood reported that all students in the measured aid population received some form of financial aid, while 57% had student loans; aid can therefore reduce the billed amount without eliminating borrowing.

What are the work-study opportunities at Oakwood University?

Students seeking paid work should distinguish Federal Work-Study from an ordinary campus job. Federal Work-Study is need-based aid for eligible students, generally determined through the FAFSA; receiving an award does not automatically assign a job or pay the award amount upfront.

Other campus positions may have different eligibility and funding rules. Students should ask Oakwood's financial aid and student employment staff how vacancies are posted, whether a Work-Study award is required for a position, and how many hours can fit around classes. For career-related experience, internships and employer recruitment are separate opportunities that may or may not be paid. Oakwood reports individual and group career counseling, job-placement assistance, and on-campus employer recruitment as available to undergraduates.

Oakwood University Tuition and Fees

In-state tuition & fees
$23,528
Out-of-state tuition & fees
$23,528
Tuition
$22,944
Fees
$584
Room and board
$10,656

Total Cost

Cost of attendance per year
$40,707
Tuition & fees
$23,528
Housing, food, books & other
$17,179

100% of undergraduates receive aid, $14,369 on average

Oakwood University Cost of Living

Yearly living expenses by where students live

On campus
$17,384
Off campus, not with family
$21,310
Off campus, with family
$8,000

Oakwood University Net Price by Family Income

Average yearly cost after grants, students awarded federal aid

$0–30,000
$23,999
$30,001–48,000
$22,444
$48,001–75,000
$24,501
$75,001–110,000
$28,074
Over $110,000
$27,219

Oakwood University Room and Board Cost

Total dormitory capacity

1265

Institution provide on-campus housing

Yes

Oakwood University Financial Aid

Undergraduate average amount

$14,369

All

$13,356

Students Receiving Financial Aid

Share of undergraduate students
100%

Oakwood University Grants, Loans and Debt

Students receiving Pell Grants
44%
Students with federal loans
57%
Median debt at completion
$27,000

Oakwood University Military and Veterans Benefits

Undergraduate average amount

$13,504

Graduate average amount

$4,993

Data last updated on November 5, 2026

Data sources: IPEDS 2024-25, Peterson 2026, College Scorecard 10/2026, Clery 2024 (2023-24), OpenAlex 2026

Figures on this profile come from federal and third-party datasets in the editions listed above and are refreshed periodically, so they may differ from what the institution currently reports. Confirm costs, deadlines and requirements with the school before making decisions.

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