In 2022, tuition for full-time students at Oral Roberts University was $32,500 a year.
Tuition increased 4% in 2023–from $31,250 the prior year. On average, college tuition goes up about 3% every year.
If these numbers seem daunting, remember, the total cost of tuition isn't the final cost for attending college. Many students pay a lot less than the total tuition after grants, scholarships, and tuition discounts kick in. And, student loans can make thecost of college more manageable until after graduation.
Oral Roberts University meets 88% of the demonstrated financial need for undergraduates. The average financial aid package for a full-time, first-year student at Oral Roberts University is around $32,360 a year.
The average student debt for graduates in the class of 2023 was around $30,332 per student, not including those with no debt.
Oral Roberts University is a private, religious institution, so it has the same tuition for residents of Oklahoma as it does for students who live in other states.
Public colleges and universities receive funding from the state government. Public insitutions often offer reduced tuition for those who qualify as Oklahoma residents.
Choosing a college where you qualify for in-state status can cut the cost of college tuition. Don't forget to check your state's eligibility criteria for in-state residency. Every state has its own rules about what makes someone eligible for in-state tuition. Most states require students to have resided in the state for a certain period of time before qualifying. There may be additional requirements too, depending on the state you and your parents currently reside in.
Explore other Oklahoma colleges
Oral Roberts University has the same tuition for international students as for those from out of state.
Students from outside of the U.S. are not eligible for federal financial aid, but may qualify for private or Oral Roberts University-specific grants, scholarships, and other funding opportunities. International students with need may qualify for the following types of financial support at Oral Roberts University:
•On-campus jobs •Loans from outsideOral Roberts University •Athletic Awards •Oral Roberts University-specific scholarships
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; there are other costs associated with college, like room and board, facility fees, and books and supplies. Let's take a look at what impacts these costs, and what to expect at Oral Roberts University.
Room and board at Oral Roberts University is $9,400 a year. This includes the cost of living in dorms or other on-campus housing, and a meal plan that allows you to eat in the Oral Roberts University's on-campus cafeterias and dining facilities.
Meal-plan costs vary based on on how many meals are included in the plan you choose.
First-year students are sometimes surprised by how much books and supplies cost–and not in a good way. 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.
The majority of colleges charge some yearly fees to help cover the cost of facilties, like the library, gym and computer labs.
There may be optional fees associated with participating in special activities, like joining a fraternity or sorority, or playing on an intramural sports team. Most colleges offer ways so that those who may struggle to participate because of cost can find ways to lower or eliminate these costs.
The cost of transportation in college can really vary. Will you drive, fly, or take public transportation to school? Is on-campus parking free, or will you need to budget for parking? Is the campus small enough that you can easily walk from class-to-class?? Do you own a car, or will you need to use public transportation? All of these questions can drastically impact your transportation budget. Keeping in mind, first-year students are allowed to park a car on campus.
Where are a college is located 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 an urban area may be expensive, but there may be more trains, busses and affordable flights to actually get to school. The Oral Roberts University campus is located in a city in Oklahoma, not far from Tulsa.
When budgeting for college, be sure to leave some room in your budget for the cost of things like going out to eat or see shows, furnishing your living space, and things like haircuts, clothes and, yes, even toilet paper and shampoo.
Now, let’s go over all of the costs we've covered, to get a better idea of how much students can expect to shell out for Oral Roberts University.
What will the cost of attending Oral Roberts University be? Here is a breakdown of tuition and expenses.
2023 Total Tuition and Expenses | |
---|---|
Tuition | $32,500 |
Room and Board | $9,400 |
Other expenses | $2,000 |
The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.
Total Estimated Costs | |
---|---|
On-Campus | $45,500 |
Off-Campus | $34,100 |
The breakdowns above provide a good estimate of the total cost of attendance before financial aid and scholarships. Tuition and fees may vary depending on program, course level, location, and more.
Oral Roberts University’s tuition and fees change based on: •Academic program for both full and part-time students •Course load for both full and part-time students
In 2023, 1,668 of the 4,402 undergrads enrolled received financial aid. Oral Roberts University meets 88% of the demonstrated financial need for undergraduates.
The average financial aid package for a full-time, first-year student is around $32,360 a year. Around 46% of Oral Roberts University undergrads take out student loans to cover any remaining costs. Oral Roberts University graduates who have student loans graduate with an average of $30,332 of student loan debt.
The average debt for each loan type varies.
Average Debt By Loan Type | |
---|---|
Federal Loans | $28,818 |
Oral Roberts University-Specific Loans | $7,650 |
Private Loans | $18,333 |
Most Common Loans for Oral Roberts University Students | |
---|---|
Federal Loans | 35% |
Institutional Loans | 11% |
Private loans | 11% |
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 Oral Roberts University 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 2023, Oral Roberts University awarded 1,647 need-based scholarships to students, giving away total of $34.9 million to help students with financial need cover the cost of school. An additional $13.13 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 Oral Roberts University 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 Oral Roberts University was $32,360 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Oral Roberts University seem more manageable.
Estimated Net Cost for Full-Time Students | |
---|---|
On-Campus | $13,140 |
Off-Campus | $1,740 |
What will attending Oral Roberts University 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 get a better idea of the actual cost of attending that school, based on their financial situation. You can find the Oral Roberts University'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.
Oral Roberts University does not have guaranteed tuition.
Oral Roberts University offers an Installment Payment Plan, which allows students to pay tuition in a series of smaller chunks instead of one lump sum.
Schools sometimes offer tuition waivers to certain groups, to make attending more affordable. Some colleges offer tuition waivers for faculty, staff, and their families , underrepresented students, or military students. Even if you qualify for a waiver, students are usually responsible for housing, meal plans, and other expenses.
Oral Roberts University has some full or partial tuition waivers available for: - X - Employees or Children of Employees
Check the financial aid website for more information on payment plans and tuition waivers.
An endowment is the total value of a school's investments, donations, and assets. Endowment is not necessarily an indicator of the quality of a school, but it can give you a sense of how much money a college can afford to invest in expanding programs, improving facilities, and supporting students.
As of 2022, the total market value of Oral Roberts University's endowment was $47 million. The average college endowment was $905 million in 2021.
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Tuition & Fees
$43,500
In State$43,500
Out-of-StateStudents Who Receive Need-Based Aid
Average Financial Aid Package
Data Source: IPEDs and Peterson's Databases © 2022 Peterson's LLC All rights reserved
Total Enrollment
Campus Setting
Acceptance Rate
Fall Freshmen
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