Oakland Community College Tuition & Cost
Bloomfield Hills, MichiganHow much does it cost to attend?
In District Michigan Resident Sticker Price
$13,548| Fee | Cost |
|---|---|
| Tuition | $2,208 |
| Books and Supplies | $1,450 |
| Other Fees | $200 |
| Estimated Off Campus Cost of Living | $7,300 |
| Other Expenses Budget | $2,390 |
In State Michigan Resident Sticker Price
$15,612| Fee | Cost |
|---|---|
| Tuition | $4,272 |
| Books and Supplies | $1,450 |
| Other Fees | $200 |
| Estimated Off Campus Cost of Living | $7,300 |
| Other Expenses Budget | $2,390 |
In district Michigan residents should budget an annual total cost of $13,548 to attend Oakland Community College on a full time basis. This fee is comprised of $2,208 for tuition, $7,300 off-campus housing, $1,450 for books and supplies and $200 for other fees.
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Net Price
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.
Average Net Price 2017/2018
$3,424| Family Income | Net Price Paid |
|---|---|
| $0 to $30,000 | $2,591 |
| $30,001 to $48,000 | $3,762 |
| $48,001 to $75,000 | $5,718 |
| $75,001 to $110,000 | $8,027 |
| $110,000+ | $8,419 |
The average reported annual net price for Oakland Community College for students receiving grants or scholarship aid was $3,424 in 2017/2018. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses
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Financial Aid
| Type | Avg./Student | Students Receiving |
|---|---|---|
| Annual Total Grant Aid | $4,866 | 44% |
| Pell Grant | $4,680 | 32% |
| Federal Student Loan | $4,348 | 13% |
The average reported annual net price for Oakland Community College for students receiving grants or scholarship aid was $3,424 in 2017/2018.
Student Loans
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 $73 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 4.529%.
| Example Loan | $7,036 |
| Stafford Loan Interest Rate | 4.5% |
| Time to Pay Off Student Loan | 10 years |
| Example Monthly Payment | $73.02 |
| Total Interest Paid | $1,726.21 |
| Sum of All Loan Payments | $8,762.21 |
Projected 2 Year Degree Price
2 Year Sticker Price
$31,224| Year | Michigan Residents | Non Residents |
|---|---|---|
| 1 | $15,612 | $15,612 |
| 2 | $18,717 | $18,717 |
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 $31,224 - assuming graduation in normal time. The estimation assumes a 19.9% annual increase over the next 2 years which has been the recent trend for this school.
Credit Hour Cost and Price per Class
| Price Per Credit | 3 Credit Class | 4 Credit Class | |
|---|---|---|---|
| In District Residents | $92 | $276 | $368 | Out of State Residents | $178 | $534 | $712 |
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 Plans Available
| Tuition Payment Plan | No |
| Prepaid Tuition Plan | No |
| Alternative Tuition Plan | No |
| Guaranteed Tuition Plan | No |
Other Colleges to Consider
Primary data source, U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=171535 IPEDS survey data for Oakland Community College.
