Payback
EarningsPlus
Economic score
Oakwood University is a private liberal arts college located in Huntsville, Alabama. Oakwood University is moderately inclusive in their admissions.
Return on educational investment at Oakwood University is in the bottom 5% of all ranked schools. The median student earns $37,922 10 years after enrolling, 17th in Alabama, and in the bottom 25% nationally. When adjusted for earning differences by major, Oakwood University bachelor students earn 24% less than the national average. Oakwood University is ranked 14th in Alabama.
Oakwood University’s median net annual cost of $26,953 and average years to graduate of 5 are reported only at the school level. We assume these same costs and graduation time for all programs.
The top 1 programs at Oakwood University sorted by number of graduates - Liberal Arts and Sciences - are shown below.
Annual net cost
$26,953
Average years to graduate
5
The average full-time graduate completes their degree in 5 years. 52% of all students graduate within 8 years including part-time students. The graduation rate at Oakwood University is 0% higher than the state average, and 16% below the average for all liberal arts colleges in the country.
At Oakwood University, Pell Grant recipients represent 47% of the measured graduating class, 12% higher than the national average of 35%. The average Pell Grant recipient at Oakwood University graduates within 5.2 years.
Oakwood University is in the top 25% of schools for graduating Pell recipients.
We calculate this performance by adjusting the graduation rate of Pell students by their percentage of the student body. This adjustment is made to prevent schools with large numbers of Pell students from underperforming in comparison to schools with few Pell students but high graduation rates.
Oakwood University’s economic mobility score of 1.97 is calculated by adjusting the 17.04 economic score of lower-income students by the 47% pell grant recipients within the student body. Oakwood University’s EMS of 1.97 ranks in the bottom 5% nationally.false
Economic Mobility
To calculate economic mobility of low-income (household earnings below $30,000) students, we adjust each institution’s economic score by their percentage of Pell Grant students. The logic of this Pell-adjusted calculation is derived from Third Way’s Economic Mobility Index (EMI).
Bottom 5%
The average Title IV recipient at Oakwood University pays $26,953 a year, $10,411 less than the $37,364 advertised. See below the cost breakdown for students who receive Title IV grants, broken down by income level.
Average net price
The average net price shown by income level for all students that receive Title IV aid. Calculated by deducting the average grant and scholarship aid from tuition, fees, books, and room and board. Limited to first-time, full-time students. Public institution figures are calculated using in-state tuition figures.
Median net price $26,953
Much of the gap between net price and sticker price is filled by institutional and government grants. At Oakwood University, 94% of students receive some grants and scholarships, compared to the national average of 87% for all colleges and universities. The average amount of federal, state, and institutional grants that students receive is shown on the right.
This leaves a total of $26,953 on average to be covered by the student – be it through loans or out of pocket. In total, 65% of students take out loans, federal or private, at an average amount of $6,023. This is 11% more than the national average.
Federal grants
$5,957
Pell grants
$5,090
State grants
$1,132
Institutional grants
$11,915
Oakwood University offers 6 online bachelor programs, 4 of which are held exclusively online. At the master’s level Oakwood University offers 4 programs, 2 of which are held exclusively online. We use the IPEDS July '20 — July '21 Distance Education report to determine which programs are online. EarningsPlus data is provided when available.
Online programs
10
Hybrid programs
4
Percentage of programs online
14%
Oakwood University's moderately inclusive admissions are indicated by their 72% acceptance rate. In 2021, the school had 881 applicants, of which 633 were admitted and 284 enrolled. Oakwood University has a rolling admissions policy, which means applications are reviewed as they arrive until all spaces are filled.
While Oakwood University has a recommended testing policy, their average test scores are not made public.
Full time
99%
83%
Female
59%
59%
First time
80%
59%
In-state
11%
68%
1st generation
18%
35%
White
1%
52%
Black
83%
14%
Hispanic
6%
15%
Asian
N/A
5%
American Indian
1%
1.6%
Pacific Islander
N/A
0.3%
Other
9%
12%