Oakwood University Cost: 5 Key Expenses To Consider

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Oakwood University is a historically black Seventh-day Adventist institution located in Huntsville, Alabama. As a private university, Oakwood University's cost of attendance can be significant. When planning to attend this institution, it's essential to consider all the expenses involved. Here are five key expenses to consider when evaluating the cost of attending Oakwood University.

Understand the Overall Cost Structure

Before diving into the specific expenses, it's crucial to understand the overall cost structure of Oakwood University. The university's cost of attendance includes various components such as tuition, fees, room, and board. These costs can vary depending on several factors, including the student's program of study, residency status, and living arrangements.

1. Tuition Fees

Tuition fees are the most significant expense for students attending Oakwood University. The university charges tuition on a per-credit-hour basis. For the 2022-2023 academic year, the tuition rate is around $1,080 per credit hour for undergraduate students. Graduate students pay a slightly higher rate of $1,200 per credit hour.

To give you a better idea of the tuition costs, here is a breakdown of the estimated annual tuition fees for undergraduate and graduate students:

• Undergraduate students (12-18 credit hours per semester):
  • Freshmen: $16,360 - $24,540 per year
  • Sophomores: $16,360 - $24,540 per year
  • Juniors: $16,360 - $24,540 per year
  • Seniors: $16,360 - $24,540 per year
• Graduate students (6-12 credit hours per semester):
  • Master's programs: $12,000 - $24,000 per year
  • Doctoral programs: $14,400 - $28,800 per year

2. Room and Board

On-campus housing and meal plans are available for students attending Oakwood University. The cost of room and board varies depending on the type of accommodation and meal plan chosen. Here are the estimated annual costs for room and board:

• Room:
  • Double occupancy: $6,500 - $7,500 per year
  • Single occupancy: $8,000 - $9,000 per year
• Board:
  • Meal plan (10 meals per week): $3,500 - $4,000 per year
  • Meal plan (15 meals per week): $4,500 - $5,000 per year

3. Fees

In addition to tuition, Oakwood University charges various fees to students. These fees cover services such as student activities, health services, and technology. Here are some of the estimated annual fees:

• Student activity fee: $500 - $700 per year
• Health services fee: $300 - $500 per year
• Technology fee: $200 - $300 per year
• Parking fee: $100 - $200 per year

4. Books and Supplies

The cost of books and supplies varies depending on the student's program of study and course load. Here are some estimated annual costs for books and supplies:

• Undergraduate students: $1,000 - $1,500 per year
• Graduate students: $500 - $1,000 per year

5. Transportation and Personal Expenses

Students attending Oakwood University also need to consider transportation and personal expenses. These costs vary depending on the student's lifestyle and location. Here are some estimated annual costs for transportation and personal expenses:

• Transportation: $1,000 - $2,000 per year
• Personal expenses: $1,500 - $3,000 per year

We hope this article has provided you with a comprehensive understanding of the costs involved in attending Oakwood University. When planning your education, it's essential to consider all the expenses to ensure that you're prepared for the financial commitment. If you have any questions or concerns, please don't hesitate to reach out to us.