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Oberlin College
Oberlin Access
For Pell-eligible students, after the family covers any EFC, the college covers the remaining student budget with work study and grant aid.| For Pell-eligible students. . . | 2009-10 Estimated Student Budget | ||||||||||
| After the family covers any EFC, the college assures enough work study and grant aid to cover these expenses |
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Total Expenses: $54,896
About the Financial Aid Pledge (2009-10):
Who qualifies for the pledge (in addition to common requirements)?
Students eligible for federal Pell grants.
Students eligible for federal Pell grants.
How is EFC determined and used?
Federal Methodology is used to determine Pell eligibility, and therefore eligibility for the program. Institutional Methodology is used to determine the EFC, including a minimum student contribution of $2,500.
Federal Methodology is used to determine Pell eligibility, and therefore eligibility for the program. Institutional Methodology is used to determine the EFC, including a minimum student contribution of $2,500.
How much academic year work and/or need-based loans are included?
No loans and between $1,900 and $2,400 in work.
No loans and between $1,900 and $2,400 in work.
Does the offer account for the full student budget?
Yes.
Yes.
How are outside scholarships handled?
Merit-based outside scholarships reduce the work component; need-based outside scholarships reduce institutional grant aid.
Merit-based outside scholarships reduce the work component; need-based outside scholarships reduce institutional grant aid.
For more information:
Oberlin Eliminates Loan Requirements for Incoming Class of Pell-Eligible Students
Oberlin Eliminates Loan Requirements for Incoming Class of Pell-Eligible Students
About the Institution (2007-08):
Location: Oberlin, OHType: Private 4-year
Undergraduate enrollment: 2,922
Pell Grant recipients (a measure of low-income enrollment): 12%
Proportion of graduating seniors with student debt: 62%
Average debt: $17,579
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