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Financial Aid for Your Online Graduate Degree | OU Online

The Best Investment You Can Make Is In Yourself

The cost of college can be overwhelming, but the benefits of higher education are substantial. At OU Online, we make it easy for you to estimate the cost of earning your master’s degree and provide you with ways to minimize your out-of-pocket expenses.  You can use our online tuition calculator to select your degree program and estimate your costs based on the number of hours you take each semester and whether tuition differs for Oklahoma resident and non-resident status. You can also find information about tuition costs on the degree page for your graduate degree program.

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What is the FAFSA?

The Federal Application for Free Student Aid (FAFSA) provides more than $120 billion in grants, loans, and work-study funds to help students pay for college each year and qualify for scholarships.

While the FAFSA typically opens on October 1, the 2024-2025 FAFSA has been redesigned under the FAFSA Simplification Act for a better user experience. The new FAFSA application will be available to complete by December 31, 2023.

Visit the Student Financial Center website to learn more about the 2024-2025 FAFSA changes.

Filling out a FAFSA doesn’t cost anything and usually takes less than an hour to complete. Remember, to receive aid, you must have full and clear admission into the program.

What do you need to file a FAFSA?

  • FSA ID, which you'll create at
  • OU Federal School Code: 003184
  • Social Security number
  • Driver's license
  • Bank statements W-2 forms and tax returns from two years ago*

*You may use an estimated income; however, OU may require you to verify your income.

Important Deadlines

Submit FAFSA for the 2024/2025 academic year 

June 30, 2025

Apply for scholarships through CASH for academic year 2024/2025

October 1 - February 1, 2024


Fill Out

You can fill out the FAFSA electronically on the FAFSA website, use the myStudentAid app (available in your phone’s app store), or download a FAFSA PDF form that you can fill out and mail in.

Fill Out the FAFSA >>


OU will send you an aid package

Once OU has determined your aid status, you will be sent an electronic or paper aid offer or award letter detailing the specific types of financial aid you have been awarded.


Review and claim your aid 

To claim your aid package, you must indicate the specific forms of aid you are accepting and return the signed acceptance form to the OU Student Financial Center.

Denezza Thomas

“Don’t feel like you’re ever too old to complete a goal. The professors and instructors didn’t look at me and judge me by where I was in my life because of my age. They embrace you whether you’re 24 or 54.”

 - Denezza Thomas,
M.A. Strategic Communication and Digital Strategy, 2023

How to Pay for Your Education

There are many options available to help pay for your education. Check out these additional resources to help you reduce your out-of-pocket costs while pursuing your degree.

OU Online Financial Aid Advisors

Our financial aid advisors are here to help you succeed and provide you with the support needed to obtain educational funding.

The Department of OU Online Financial Aid has experts available to help students attend the University of Oklahoma online with peace of mind, so they can focus on their degree.


Payment Plans

OU provides a payment plan (PP) for students enrolled in courses for the semester, including the summer session. Participation requires no application. Payments are due on the 25th of each month.



Your eligibility for federal or private student loans can be found on your FAFSA award letter. 

Employer Reimbursement

Some employers offer employee incentives to return to school, including coverage or reimbursement of some or all of your tuition costs. Check with your employer to see if these benefits are available to you.

Military Benefits

If you are military-affiliated and have questions about military benefits for online students, please contact OU Veteran Student Services at 405-325-4308 or

OU Online Tuition Calculator

At OU Online, we understand the cost of college can be overwhelming for students. Our calculator can help you estimate the tuition and fees for your online graduate program so you can create a plan to reach your educational goals.

Disclaimer: This is not a bill. This is only an estimate. Current tuition and fees are subject to change based on approval by the Oklahoma Board of Regents or as otherwise consistent with regent policy. Such modifications are applicable to students enrolled at that time as well as incoming students. This estimate is based on current rates for OU Online Graduate programs only. This is not a guarantee of future costs.

Financial Aid Limitations

Financial Aid is limited in some programs as federal regulation prohibits funding students pursuing licensure or seeking certification.

For example, only coursework in the Master of Human Relations standard degree program, up to 36 hours or degree completion, is eligible for aid. For the Clinical and Mental Health Counseling degree, aid is available up to 60 hours.

If you have questions about financial aid for your program, contact your advisor.

Why OU Online?

We are a top-tier public institution offering high-quality, affordable, professional undergraduate and graduate programs committed to maintaining academic excellence online.

Our Online Programs

Every OU Online program is built on the foundation of world-class faculty mixed with professors of practice providing valuable instruction. By linking industry experts with our online programs, we offer the most advanced curriculum and prepare students for future career success.

Our OU Family

When you graduate from an OU Online program, you’ll join the network of 250,000 OU alumni and be forever part of the OU family. Become part of the tradition of excellence that OU has established in its 130-year history.

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