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Financial Aid

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OU Graduation 2017

Complete Your FAFSA

To ensure that you keep all of your options open for covering your cost to attend OU, complete the Free Application for Federal Student Aid (FAFSA). Here are a few notes that will help you throughout the application process, but if you have additional questions, please visit OU's Financial Aid Services website or contact your financial aid counselor.

What is the FAFSA?

The FAFSA (or Free Application for Federal Student Aid) is the government-provided application for need-based funds to help pay for college. OU highly recommends completing the FAFSA regardless of your family's income. Nearly 75% of OU students who apply for financial aid receive some type of assistance. 

The FAFSA opens October 1 each year

Families can begin the FAFSA starting October 1 at fafsa.ed.gov. It takes about 30 minutes to complete and you'll need these 3 items:

  • Social security number (or permanent resident card)
  • Any W-2s you received in the past year
  • Tax records from 2016 (for Fall 2018 incoming freshmen)

You'll need to add OU's Federal School Code when completing the application so that we receive the students information. Our code is: 003184

Once at fafsa.ed.gov, create a FSA ID

The first thing your family will do when you start the FAFSA is create a username and password called a FSA ID. This will serve as your electronic signature. You only have to create an FSA ID once, and you can use it each year to renew your financial aid information. 

Submit the FAFSA

You'll need to add OU's Federal School Code when completing the application so that we receive the students information. Our code is: 003184

You could receive 3 types of aid

OU will begin sending financial aid awards in the spring. You don't have to accept all or any of the financial aid you're awarded, but here are the three types of aid you could receive:

  • Loans - These will have to be paid back. 
  • Grants - Awarded like a scholarship, grants don't have to be paid back. 
  • Work Study - Students are awarded an on-campus job to help offset cost.

Financial Aid Resources