In 2021, tuition for full-time students at Oakland Community College was $5,000 a year for in-state students and $5,000 a year for out-of-state students.
On average, colleges raise tuition about 3% each year.
If this information makes going to college sound impossible, remember, the advertized cost of tuition doesn't tell the full story. Many students pay much less than the total tuition after grants, scholarships, and tuition discounts kick in. Plus, student loans can make theactual cost of attending college more manageable until you're done with college.
Oakland Community College is a public, state institution, so it offers a reduced tuition rate of $5,000 for in-state students who attend full-time.
Public colleges and universities receive funding from the state government. These institutions offer reduced tuition for those who qualify as Michigan residents.
Attending an insitution where you qualify for in-state tuition can drastically reduce the overall cost of college. Don't forget to check your state's requirements for in-state tuition. Every state has its own rules about what makes someone eligible for in-state tuition. The most common requirement is that students must have lived in the state for a full year before starting school. There may be additional requirements as well, depending on the state you and your parents currently reside in.
Explore other Michigan colleges
Tuition at Oakland Community College is the same for all students.
International students are not eligible for federal financial aid, but may be eligible for private or school-specific grants, scholarships, and other funding opportunities..
International students without financial need may be eligible for merit-based institutional scholarships and athletic awards.
Tuition is not the only cost of attending college; room and board, books, transportation and fees are also costs it consider when budgeting for college. Let's take a look at what impacts these costs, and what to expect at Oakland Community College.
Oakland Community College does not provide on-campus housing for students, so there is no cost for housing, however you should take into account the cost of off-campus housing when estimating the actual cost of various schools
Meal-plan costs vary based on on how many meals are included in the plan you choose.
The cost of books often surprises first-year college students. The real cost of books depends on the courses you take and the materials required. To save money, many students choose to use books from the library or buy books from students who have already taken the course.
Most schools also have fees to offsets cost associated with maintaining facilties, like the computer labs and libraries, athletic facilities, and more.
Keep in mind, there could also be other costs associated with participating in certain activities, like joining a fraternity or sorority, or playing on an intramural sports team. Most colleges have resources so that those who may struggle to participate because of cost can get help covering these costs.
The cost of transportation in college can really vary. Will you take a subway, car or an airplane to get to school? Will you need to pay to park on-campus? Is the campus small enough that you can easily walk from class-to-class?? Do you plan to bring a car or are you planning to use public transportation? All of these questions can make a big difference in your estimated cost of transportation. At Oakland Community College, freshman are allowed to park on campus.
The location of a college or university can also have a big effect on the amount you'll have to spend just to get around. Small, rural schools may be easier to get around, but the cost of getting to campus may be higher. On the flip side, transportation in a city is usually pricey, but there may be more trains, busses or affordable flights to actually get to school. The Oakland Community College campus is in a suburban setting in Michigan, not far from Detroit.
When estimating your budget for college, don’t forget to take into account personal expenses, like movies, takeouts, furniture or appliances for your dorm or housing, and essentials like laundry detergent, toothpaste and toilet paper.
Now, let’s go over all of the costs we've covered, to get a better estimate of how much students can expect to shell out for Oakland Community College.
What will the cost of attending Oakland Community College be? Here is a breakdown of tuition and expenses.
|2022 Total Tuition and Expenses|
The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.
Tuition and fees may vary depending on program, course level, location, and more.
In 2022, 2,993 of the 26,405 undergrads enrolled received financial aid. Oakland Community College meets 42% of the demonstrated financial need for undergraduates.
The average financial aid package for a full-time, first-year student is around $4,548 a year.
|Most Common Loans for Oakland Community College Students|
Most students take out institutional or government loans, because they tend to have lower interest rates and more flexible repayment options than private loans. Loans from the federal government can be subsidized or unsubsidized. Subsidized loans do not accrue interest during school, while unsubsidized loans begin accruing interest at the time the loan is issued. If students do no qualify for enough federal loans to cover the cost of tuition, some take out private loans. Parents can also take out ParentPLUS loans, which are government loans for parents who are helping their children pay for college.
The Free Application for Federal Student Aid (FAFSA) helps colleges determine how much financial need students and their familes have, so they can offer a financial aid package that meets, or come close to meeting, their need. For more information on Oakland Community College financial aid, keep reading, or visit their financial aid website.
Some students may receive grants and scholarships to help pay for college. Unlike loans, scholarships and grants do not have to be paid back.
In 2022, Oakland Community College awarded 2,459 need-based scholarships to students, giving away total of $42.1 million to help students with financial need cover the cost of school. An additional $1.38 million in merit-based scholarship money was awarded to students without demonstrated financial need.
The net price of college is the actual cost of attending a school for one year. Net cost is calculated by subtracting any scholarships, grants or other aid that does not need to be paid back from the total cost. Student loans are not part of the calculation, because they need to be repaid.
Now that we have a sense of the total estimated costs for Oakland Community College students, we can subtract the average financial aid package to find the estimated net cost. Net cost can vary depending on a students’ need and the financial aid award received.
When considering whether a school fits your budget, it is important to consider the estimated net cost, not just the sticker price of tuition. Often, schools with the highest tuition also offer the most generous aid packages, so estimate your net cost before eliminating a school because it does fit your budget.
The average amount of financial aid received by a full-time first year student with demonstrated need at Oakland Community College was $4,548 in 2022. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Oakland Community College seem more manageable.
|Estimated Net Cost for Full-Time Students|
|Net In-state, Off-campus||$5,042|
Note: a negative number can indicate that a refund will be given to use toward other expenses such as housing, fees, and books. In such cases, be sure to reach out to the school directly for any clarification or questions.
What will attending Oakland Community College really cost you? The answer depends on several factors.
As of 2011, colleges are required to have a net price calculator on their website to help prospective students and their families make more informed decisions about the actual cost of attending that school, based on their financial situation. You can find the Oakland Community College's net cost calculator on their website.
Some students choose to use payment plans to make the cost of tuition fit more comfortably in their budget.
Students cannot pay tuition in installments. Contact the financial aid office to verify this and discuss options.
Schools sometimes waiver tuition for certain groups, to reduce the total cost of attendance. Some colleges offer tuition waivers for faculty, staff, and their families , underrepresented students, or military students. Even if you qualify for a waiver, other expenses and fees are the responsibility of the student.
Check the financial aid website for more information on payment plans and tuition waivers.
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Data Source: IPEDs and Peterson's Databases © 2022 Peterson's LLC All rights reserved
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