Fee | Cost |
---|---|
Tuition | $2,328 |
Books and Supplies | $1,600 |
Other Fees | $200 |
Estimated Off Campus Cost of Living | $7,800 |
Other Expenses Budget | $2,630 |
Fee | Cost |
---|---|
Tuition | $4,512 |
Books and Supplies | $1,600 |
Other Fees | $200 |
Estimated Off Campus Cost of Living | $7,800 |
Other Expenses Budget | $2,630 |
In district Michigan residents should budget an annual total cost of $14,558 to attend Oakland Community College on a full time basis. This fee is comprised of $2,328 for tuition, $7,800 off-campus housing, $1,600 for books and supplies and $200 for other fees.
All price data is sourced from the 2020/2021 U.S. Department of Education National Center for Education Statistics survey.Net price is indicative of what it actually costs to attend Oakland Community College when typical grants and scholarships are considered. The net price varies by family income and financial need.
Family Income | Net Price Paid |
---|---|
$0 to $30,000 | $1,464 |
$30,001 to $48,000 | $2,762 |
$48,001 to $75,000 | $6,291 |
$75,001 to $110,000 | $8,189 |
$110,000+ | $8,478 |
The average reported annual net price for Oakland Community College for students receiving grants or scholarship aid was $3,598 in 2019/2020. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses
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54% of full-time undergrad Oakland Community College received financial aid in the form of grants, scholarships, fellowships from the institution or from Federal, State or local government agencies. This aid averaged $5,673 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 15% of students received Federal Student Loans averaging $4,160.
Type | Avg./Student | Students Receiving |
---|---|---|
Total Grant and Scholarship Aid | $5,673 | 54% |
Institutional Grants and Scholarships | $1,846 | 25% |
Pell Grants | $5,747 | 31% |
Other Federal Grants | $1,801 | 28% |
State and Local Grants | $2,176 | 6% |
Federal Student Loans | $4,160 | 15% |
Other Student Loans | $6,093 | 0% |
To gauge a more realistic picture of what it may really cost you out of pocket to go to Oakland Community College, we've modeled a ten year student loan with an original principal value of $7,036. The loan balance of $7,036 is a two year multiple of the $3,518 average net price. This is a estimate of what you could owe upon graduation if you were to qualify for average financial aid and what a degree really may cost. Should you not qualify for financial aid, you may owe significantly more when you graduate. Based on these assumptions, a monthly repayment of $67 could be required to satisfy your student loan.
Please note that financial aid is not guaranteed and is only available for qualifying students. Federal Student Loans are not grants and must be repaid with interest. The current Stafford loan interest rate is 2.75%.
Example Loan | $7,036 |
Stafford Loan Interest Rate | 2.75% |
Time to Pay Off Student Loan | 10 years |
Example Monthly Payment | $67.13 |
Total Interest Paid | $1,019.74 |
Sum of All Loan Payments | $8,055.74 |
Year | Michigan Residents | Non Residents |
---|---|---|
1 | $16,742 | $16,742 |
2 | $17,914 | $17,914 |
Based on published tuition prices, we estimate the current cost of a 2 year associate degree and living expenses at Oakland Community College to be $33,484 - assuming graduation in normal time. The estimation assumes a 7% annual increase over the next 2 years which is the national trend.
Price Per Credit | 3 Credit Class | 4 Credit Class | |
---|---|---|---|
In District Residents | $97 | $291 | $388 | Out of State Residents | $188 | $564 | $752 |
Estimated cost for a class at Oakland Community College based on published credit hour prices. Note that not all schools allow single class enrollment. These prices should be used for comparison purposes as to how much it may cost to take a class at Oakland Community College versus other colleges.
Tuition Payment Plan | No |
Prepaid Tuition Plan | No |
Alternative Tuition Plan | No |
Guaranteed Tuition Plan | No |
Primary data source, U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=171535 IPEDS survey data for Oakland Community College.