The cost of higher education can be overwhelming, especially for students who are trying to balance their academic and financial responsibilities. Oakland University, located in Rochester, Michigan, is a popular choice for students seeking a quality education at an affordable price. But how much does it cost to attend Oakland University, and what is the cost per credit hour?
Tuition costs can vary depending on several factors, including the student's residency status, academic program, and credit load. In this article, we will break down the estimated costs of attending Oakland University, including the cost per credit hour, to help you plan your academic and financial goals.
Undergraduate Tuition Rates
For undergraduate students, the tuition rates at Oakland University vary depending on their residency status. In-state students pay a lower tuition rate compared to out-of-state students.
As of the 2022-2023 academic year, the estimated tuition rates for undergraduate students are as follows:
- In-state students: $433.75 per credit hour (full-time) and $445.75 per credit hour (part-time)
- Out-of-state students: $731.75 per credit hour (full-time) and $745.75 per credit hour (part-time)
Graduate Tuition Rates
For graduate students, the tuition rates at Oakland University also vary depending on their residency status.
As of the 2022-2023 academic year, the estimated tuition rates for graduate students are as follows:
- In-state students: $574.75 per credit hour (full-time) and $596.75 per credit hour (part-time)
- Out-of-state students: $930.75 per credit hour (full-time) and $952.75 per credit hour (part-time)
Additional Fees and Expenses
In addition to tuition, students at Oakland University also pay various fees and expenses, including:
- Student services fee: $25.50 per credit hour (in-state) and $31.50 per credit hour (out-of-state)
- University recreation and fitness center fee: $2.50 per credit hour
- Parking fee: $200-$500 per semester
- Books and supplies: $1,000-$1,500 per semester
- Room and board: $8,000-$12,000 per academic year
Total Cost of Attendance
To estimate the total cost of attendance at Oakland University, students should consider their tuition rates, fees, and expenses. Here is an estimated breakdown of the total cost of attendance for undergraduate and graduate students:
- Undergraduate students (in-state):
- Tuition: $13,840-$17,500 per academic year
- Fees: $2,500-$3,500 per academic year
- Expenses: $8,000-$12,000 per academic year
- Total: $24,340-$33,000 per academic year
- Undergraduate students (out-of-state):
- Tuition: $29,340-$37,500 per academic year
- Fees: $2,500-$3,500 per academic year
- Expenses: $8,000-$12,000 per academic year
- Total: $40,340-$53,000 per academic year
- Graduate students (in-state):
- Tuition: $17,390-$22,500 per academic year
- Fees: $2,500-$3,500 per academic year
- Expenses: $8,000-$12,000 per academic year
- Total: $28,390-$38,000 per academic year
- Graduate students (out-of-state):
- Tuition: $29,390-$37,500 per academic year
- Fees: $2,500-$3,500 per academic year
- Expenses: $8,000-$12,000 per academic year
- Total: $40,390-$53,000 per academic year
Financial Aid and Scholarships
To help students manage the cost of attendance, Oakland University offers various forms of financial aid and scholarships. Students can apply for federal and state financial aid, as well as university-sponsored scholarships and grants.
Some of the financial aid options available to students at Oakland University include:
- Federal Pell Grant
- Federal Supplemental Educational Opportunity Grant (FSEOG)
- Federal Direct Subsidized and Unsubsidized Loans
- Michigan Reconnect Grant
- Oakland University scholarships and grants
Conclusion
Attending Oakland University can be a significant investment in your academic and professional future. While the cost of attendance may seem overwhelming, students can manage their expenses by considering their tuition rates, fees, and expenses. By applying for financial aid and scholarships, students can also reduce their out-of-pocket costs. We hope this article has provided you with a comprehensive understanding of the cost of attending Oakland University and the estimated cost per credit hour.
Gallery of Oakland University Images
FAQ
What is the cost per credit hour at Oakland University?
+The cost per credit hour at Oakland University varies depending on the student's residency status and academic program. As of the 2022-2023 academic year, the estimated tuition rates are $433.75 per credit hour (in-state) and $731.75 per credit hour (out-of-state) for undergraduate students, and $574.75 per credit hour (in-state) and $930.75 per credit hour (out-of-state) for graduate students.
What are the additional fees and expenses at Oakland University?
+In addition to tuition, students at Oakland University also pay various fees and expenses, including a student services fee, university recreation and fitness center fee, parking fee, books and supplies, and room and board.
What financial aid options are available to students at Oakland University?
+Students at Oakland University can apply for federal and state financial aid, as well as university-sponsored scholarships and grants. Some of the financial aid options available include the Federal Pell Grant, Federal Supplemental Educational Opportunity Grant (FSEOG), Federal Direct Subsidized and Unsubsidized Loans, Michigan Reconnect Grant, and Oakland University scholarships and grants.