Costs and Financial Aid
The cost of attending The University of Oklahoma includes tuition, fees, books, housing (including room and board), transportation and miscellaneous living expenses. The actual costs of attending the University will vary depending on a students resident status, academic level, course load, housing option, personal needs, and spending habits.
The most common student budgets for financial aid recipients are listed in the table Estimated Costs of Attending OU located at the end of this section. These budgets reflect the estimated costs for the fall and spring semesters. The enrollment costs are based upon enrollment of 15 hours per semester for undergraduates and law students and seven hours per semester for graduate students. Tuition for the undergraduate budgets is based upon a weighted average of lower- and upper-division courses. These budgets reflect standardized costs of attendance developed by Financial Aid Services for the administration of financial aid programs.
Fees for 2003-04 (SUBJECT TO CHANGE)
The following is a list of fees for the 2003-04 academic year. Fees are
subject to change by the Oklahoma State Regents for Higher Education.
For the most up-to-date information concerning tuition and fees, visit the Office of the Bursar web page at: http://www.ou.edu/bursar/.
All students pay resident tuition and student activity fee for each credit hour in which they are enrolled. The amount of the resident tuition varies with course level, whereas the student activity fee is the same for all students. In addition to these two fees, all students who are not residents of Oklahoma must pay nonresident tuition, the amount of which varies with course level. The amount which students must pay for each credit hour is shown in the boxes in the accompanying table. Also listed in the Required Tuition and Fees table are other fees that are required for enrollment.
MISCELLANEOUS FEES
Late Registration Fee $20.00
Audit Fees - See Enrollment Fees and Tuition
Advanced Standing, per credit hour $10.00
All students graduating from the University of Oklahoma must fill out an Application for Graduation and pay all fee and tuition charges before their degree can be officially conferred and a diploma issued. Applications for graduation should be picked up at the students college office, filled out and turned in to the Office of Academic Records, Room 330, Buchanan Hall. Doctoral candidates must complete their application for graduation and pay the microfilming fee of $54.00 in the Office of the Bursar.
Degree candidates should keep in mind the following deadlines for graduation applications:
Fall graduates November 1
Spring graduates March 1
Summer graduates July 1
All inquiries regarding graduation should be directed to the Office of Academic Records, (405) 325-2017.
Fees may be paid at the Office of the Bursar in Buchanan Hall (8:00 A.M. 5:00 P.M.) MondayFriday. To avoid service charges, fees should be paid completely prior to the date given in the fee and tuition information included in the current Class Schedule. Fees may be paid in person at the Bursars Office in Buchanan Hall, by mail, or by dropping a check in one of the Bursar drop boxes located conveniently around campus.
Monthly statements will be prepared and mailed prior to the fee payment deadline. Failure to receive a statement will not exempt a student from late penalties. It is the students responsibility to determine his/her financial obligation and how it is to be met.
(The Oklahoma State Regents refund policy with respect to fees and tuition is as follows):
Changes in schedules and complete withdrawals from the institution during the defined add/drop period (first 10 days of classes in fall and spring semesters, first five days of classes in summer session) will result in full charges for courses added and full credit for courses dropped. No refunds will be made after the add/drop period for the session except as stipulated for recipients of Title IV aid.
CHARGES FOR LOSS, DAMAGE, OR RENTALS
Students will be furnished the normal amount of consumable materials and supplies required in a laboratory course without charge other than the general fee. Additional charge will be made, on an individual basis, for breakage of laboratory equipment because of student negligence; for use of consumable materials and supplies in excess of the normal requirements of the course; for rental of band or orchestra instruments for individual use; and for use of laboratory equipment by students not enrolled in courses requiring use of such equipment.
Financial aid is any financial resource that a student receives to assist in meeting the cost of attending college. These resources include awards such as federal and state grants, loans, student employment and scholarships. Students must apply for financial aid annually and demonstrate eligibility as determined by regulations established by the U.S. Department of Education. Financial Aid Services is responsible for the administration of the federal financial aid programs. Additional sources of funding may include tribal grants, vocational rehabilitation assistance and funding from other outside agencies.
FINANCIAL AID APPLICATION PROCESS
Students are encouraged to apply for financial aid electronically via FAFSA (Free Application for Federal Student Aid) on the Web, or by submitting a paper FAFSA application. Do not submit both an electronic and paper application for the same award year. Students should first visit OU Financial Aid Services web page at www.financialaid.ou.edu to learn about deadlines and other important financial aid information including scholarships and other aid resources. This website will link to the FAFSA application or students may visit the U.S. Department of Education website directly at www.fafsa.ed.gov. Students must file the FAFSA annually and are encouraged to submit the FAFSA as soon as possible after January 1 in order to be considered for all available aid programs. The recommended filing date for the FAFSA is prior to March 1 for the following fall/spring semesters. For priority processing, all requested documents must be received in Financial Aid Services by June 1 for the following fall/spring semesters and by November 1 for the spring only semester. Contact Financial Aid Services directly or check our website for information about applying for summer financial aid as a separate summer application is required.
All aid applicants and parents are encouraged to obtain a U.S. Department of Education PIN at www.pin.ed.gov. This PIN number may be used to sign the FAFSA electronically. After the FAFSA has been submitted, the student will receive a response from the U.S. Department of Education. Financial Aid Services will notify admitted students via their OU email account if any additional information is needed. Financial aid applicants who are not yet admitted will be notified via postal mail. After the student submits the required information and meets all eligibility requirements, Financial Aid Services sends an OU-FAN (Financial Aid Notification) to inform the student about the financial aid awards which are available to help meet the cost of attending OU. A student's total award may consist of a combination of grants, loans and student employment. The student then decides which aid programs to accept or decline, and submits the award acceptance online. Complete information regarding the financial aid programs offered and the disbursement process is included as links on the OU-FAN.
A number of financial aid programs are available at The University of Oklahoma. The FAFSA is used to apply for the following financial aid programs: Federal Pell Grant, Federal Supplemental Educational Opportunity Grant (FSEOG), Oklahoma Tuition Aid Grant (OTAG), Federal Perkins Loan, Federal Family Education Loan Program and Federal Work-Study. The Federal Family Education Loan Program includes the Federal Stafford Loans (Subsidized and Unsubsidized) and Federal Parent Loan (PLUS). The PLUS Loan requires a separate application. Additional financial aid programs administered by Financial Aid Services include the Oklahoma Resident Tuition Waiver, some need-based scholarships, and several low interest institutional loan programs. See the OU Financial Aid Programs at a Glance chart on the following page for additional application requirements.
Financial Aid Services is open from 8 A.M.5 P.M., MondayFriday, excluding University holidays, and is located in Buchanan Hall, Room 216. For additional information on financial aid programs and application information you may wish to visit our website at www.financialaid.ou.edu and check out Ask the Sooners for answers to the most frequently asked financial aid and billing questions, or contact us at:
Financial Aid Services
1000 Asp Ave., Room 216
Norman, OK 73019-4078
Phone: (405) 325-4521; FAX: (405) 325-7608
Students are encouraged to apply for merit and talent based scholarships to help supplement the costs of attending The University of Oklahoma. Scholarships based on academic ability or other talent are available to students without regard to financial need. Students may conduct a personalized search of most OU scholarships on the web at www.scholarships.ou.edu or refer to this information on The University of Oklahoma General Catalog CD. A limited number of paper copies of the publication A Guide to Financial Aid and Scholarships are available through the Office of Prospective Student Services. Recipients of academic, talent-based, or other awards that also receive federal financial aid may expect their award letters to be revised.
|
Program Name, |
Application |
Application Deadline/ |
|
Student Classification: |
Approximate |
|
|
Federal Pell Grant, Federal Government |
Free Application for Federal Student Aid (FAFSA) |
As soon after January 1 as possible for the following fall/spring terms |
Financial Aid Services |
Undergraduate (working on first bachelors degree) |
$3,750 |
|
|
Federal Supplemental Educational Opportunity Grant, (SEOG), |
FAFSA |
As soon after January 1 as possible for the following fall/spring terms |
Financial Aid Services |
Undergraduate (working on first bachelors degree) |
$600 |
|
|
Oklahoma Tuition Aid Grant (OTAG), |
FAFSA |
As soon after January 1 as possible for the following fall/spring terms |
Financial Aid Services |
Undergraduate, |
$1,000 |
|
|
Resident Tuition Waiver, |
FAFSA |
As soon after January 1 as possible for the following fall/spring terms |
Financial Aid Services |
Undergraduate, |
$1,000 1,200 |
|
|
OU Scholars Program, |
Institutional Scholarship |
Must be received |
Prospective Student |
Undergraduate |
University Scholars: $1,000 for one year; |
|
|
Presidents Leadership Class, |
Institutional Scholarship |
Must be received |
Prospective Student Services |
Undergraduate |
$1,000 Tuition waiver plus $750 award for one year |
|
|
University Achievement Class, |
Institutional Scholarship |
Must be received |
Prospective Student |
Undergraduate |
$1,000 |
|
|
Transfer Scholarships: |
Institutional Scholarship |
Must be received by |
Prospective Student |
Undergraduate |
$1,000 |
|
|
Generations Tuition Waiver, American Indian Tuition Waiver |
Admission Application and Supporting Documentation |
Must be received |
Prospective Student |
Undergraduate for |
$3,000 $3,200 |
|
|
Departmental |
Departmental |
Varies |
Prospective Student |
Undergraduate, |
Varies |
|
|
Oklahoma Academic |
Oklahoma State |
Applications accepted beginning Oct. 15 each year, for following school year |
National Scholars Office (405) 325-1290 |
Undergraduate |
$5,500 |
|
|
Federal Work Study (FWS) |
FAFSA and Employment Application |
As soon after January 1 as possible for the following fall/spring terms |
Financial Aid Services |
Undergraduate, |
$3,200 |
|
|
Student Employment, |
Employment Application |
Depends upon job |
Personnel Services |
Undergraduate, graduate, and professional |
Varies. Depends on job classification and hours worked. |
|
|
Federal Perkins Loan, |
FAFSA |
As soon after January 1 as possible for the following fall/spring terms |
Financial Aid Services |
Undergraduate, |
$2,000undergraduates |
|
|
Institutional Loans: |
FAFSA and/or |
April 1 Recommended |
Financial Aid Services |
Undergraduate, |
$2,000 $5,000 |
|
|
Federal Stafford Loan, Federal Unsubsidized Stafford Loan, |
FAFSA and Loan |
As soon after January 1 as possible for the following fall/spring terms |
Financial Aid Services |
Undergraduate, |
Undergraduate: $2,625, year 1; $3,500, year 2; $5,500, years 3 and 4; |
|
|
Federal Parent Loan for Undergraduate Students (PLUS), |
Application available from OU Financial Aid Services or lending institution |
Loans require 6-8 weeks for complete processing. Lenders require a credit check. |
Financial Aid Services |
Undergraduate |
Varies, up to cost of |
|