Tuition and Financial Aid
Tuition rates listed here are for undergraduate students at the Oakland City and Bedford centers of Oakland City University and for graduate students. Separate tuition rates are also listed here for those studying in the School of Adult and Extended Learning (SAEL).
Financial aid information presented here is for undergraduate students at all Oakland University centers. Graduate students and SAEL students should refer to the graduate financial aid or SAEL financial aid pages of this website.
Tuition recommendations for upcoming years are approved by the Board of Trustees one year in advance. This information is subject to change without notification.
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OCU TUITION AND FEES
Main Campus and Bedford Center Annual Tuition
| 2009-2010 | 2010-2011 | |
|---|---|---|
| Tuition ($500 per hour) | $15,000 | $15,600 |
|
*Room
(*Room rate for Cox Hall is $2,400)
|
$2,200 | $2,400 |
| Meals (19 per week) | $4,500 | $4,900 |
| Activity Fee | $400 | $390 |
| Parking Fee | $50 | $50 |
| Books, Estimated | $1,500 | $1,500 |
Masters Programs Tuition per Hour
|
|
2009-2010 |
2010-2011 |
|---|---|---|
| Master of Arts in Teaching (MAT) | $310 | $320 |
| Master of Divinity (M.Div.) | $180 | $180 |
Doctoral Programs Tuition per Hour
| 2009-2010 | 2010-2011 | |
|---|---|---|
| Doctor of Education (Ed.D.) | $310 | $320 |
| Doctor of Ministry (D.Min.) | $230 | $230 |
Internet Tuition per Hour
| 2009-2010 | 2010-2011 | |
|---|---|---|
| Internet Courses | $500 | $520 |
School of Adult and Extended Learning (SAEL) Tuition per Hour
| 2009-2010 | 2010-2011 | |
|---|---|---|
| BS/BA: Tuition | $350 | $360 |
| BS/BA: Tuition/Military | $200 | $200 |
| ASBA:Tuition | $350 | $360 |
| ASBA: Tuition/Millitary | $200 | $200 |
| MBA: Tuition | $350 | $360 |
| MBA: Tuition/Military | $200 | $200 |
FINANCIAL AID OVERVIEW
Financial Aid is available to students through federal and state programs. Federal and State Awards are subject to all Title IV Federal financial aid regulations. Students apply for the federal and state programs by filing the Free Application for Federal Student Aid (FAFSA) form. University grants and scholarships are also available.
Questions about applying for financial assistance should be referred to the Office of Financial Aid at (812) 749-1224.
Financial Aid Office Hours
Monday through Friday
8:00 a.m. to 4:30 p.m.
James W. Murray Center, Room 207
Toll-Free Phone: (800) 737-5125
Phone: (812) 749-1224
Phone: (812) 749-1436
Fax: (812) 749-1438
Mailing address:
Oakland City University
Attn: Direct Loan Processing
138 North Lucretia Street
Oakland City, IN 47660-1038
FINANCIAL AID ELIGIBILITY REQUIREMENTS
- For most federal and state student aid, you must have financial need. Unsubsidized loans and parent loans are exceptions.
- You must be a United States citizen or an eligible non-citizen.
- You must have a high school diploma or GED.
- You must have a valid Social Security number. Your name on financial aid applications must exactly match the name on your Social Security card.
- You must make satisfactory academic progress (SAP).
- You must register with the Selective Service, if required. If you are a male age 18 through 25 who has not yet registered with Selective Service, you can register at ww.sss.gov or you can give Selective Service permission to register you by checking a box on the FAFSA.
- You must sign the FAFSA statement certifying that you are not in default on a federal student loan and that you do not owe money on a federal student grant.
- You must be admitted to an eligible program as a regular student working toward a degree. (You may not receive aid if you are enrolled as a guest student.)
FREE APPLICATION FOR FEDERAL STUDENT AID (FAFSA)
To be considered for state financial aid, the Free Application for Federal Student Aid (FAFSA) must be received by the Federal Processing Center on or before the filing deadline. See the financial aid calendar below for deadline information.
To file the FAFSA: complete the form online.
To file the FAFSA online, go to http://fafsa.ed.gov. When filing online, a student may request a personal identification number (PIN) to sign his or her application electronically, or a student may print out a signature page, sign it, and mail it to the Department. Instructions are available on the FAFSA website.
Note: Your PIN number serves as your personal identifier. Keep it private and safe to guard against identity theft. Do not share your PIN number with any other individual, the Financial Aid Office, or any other administrative office.
The Oakland City University School Code for use on the FAFSA is 001824.
Once your FAFSA is processed, Oakland City University will receive your processed information in a Student Aid Report (SAR). The electronic version of the SAR is referred to as Institutional Student Information Records (ISIR).
Your ISIR may or may not be selected by the Department of Education for a process called verification. If it is, Oakland City University will request documentation from you to verify your report.
Once the verification process is complete, or if verification of your ISIR is not required, you will receive an Award Letter from the OCU Financial Aid Office showing the type and amounts of financial aid you are eligible to receive.
DEFERRED PAYMENT PLAN
While all charges and fees are due and payable on the first day of each semester, the student may elect to defer the balance of his or her account—after all financial assistance is deducted—into two payments. One half of this balance will be due on the first day of the semester, and the final half will be due approximately thirty days later. Interest at the rate of 18 percent per year will be applied to any unpaid balance at the end of the thirty day period, until the account is paid in full.
REFUND POLICY
In case of voluntary withdrawal or dismissal from the university or an individual course, tuition and fees are charged according to the following schedule:
| During the first week | 25% |
| During the second week | 50% |
| After the second week | 100% |
For those moving out of the dormitory, there will be no refund on room and board.
Students who withdraw completely from the university or from individual classes and have financial assistance may be required to repay a portion of that aid, depending on the date of withdrawal and the regulations of the programs included in the financial aid package. If a student is entitled to a refund from a student loan, the student will receive a full refund if he or she withdraws from a class up to 10 business days after the first day of class. If a student is entitled to a refund from a grant, the student will receive a full refund if he or she withdraws from a class up to 14 business days after the first day of class.
FEDERAL COLLEGE WORK STUDY
Oakland City University offers approximately 100 on-campus student jobs paying up to $2,400 per year. Work assignments are made on a first-come, first-served basis and are based on financial need. For more information, contact the OCU Office of Financial Aid at (812) 749-1224.
FINANCIAL AID CALENDAR
|
Direct Loan Deadlines
*The deadlines above apply to all programs except the MAT program.
|
|
| 2010 Spring Semester | April 1, 2010 |
| 2010 Summer Semester | June 11, 2010 |
MORE RESOURCES
CONTACT US
Financial Aid Office Hours
Monday through Friday
8:00 a.m. to 4:30 p.m.
James W. Murray Center, Room 207
Toll-Free Phone: (800) 737-5125
Phone: (812) 749-1224
Phone: (812) 749-1436
Fax: (812) 749-1438
Mailing address:
Oakland City University
Attn: Direct Loan Processing
138 North Lucretia Street
Oakland City, IN 47660-1038
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