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Financial Aid for Your Online Bachelor's 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. According to the Bureau of Labor Statistics, earning your bachelor’s degree can lead to a 49% increase in salary or more. At OU Online, we make it easy to estimate your costs with a fixed cost per credit hour and provide you with ways to minimize your out-of-pocket expenses.

smiling student using her laptop and phone

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 fsaid.ed.gov
  • 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


1

Fill Out
the FAFSA

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 >>

2

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.

3

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.

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’s Centralized Academic Scholarship Hub (CASH) is the premier place for students to apply for OU scholarships. Open to all enrolled students; applications are submitted for consideration in the current academic year with award disbursement in the next academic year.

SCHOLARSHIPS

Grants are awarded to students who demonstrate the highest level of need according to information gathered from the FAFSA. Grants do not require repayment.

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.

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.

PAYMENT PLAN THROUGH OU

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

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 veterans@ou.edu.

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.

 

Important Deadlines

DeadlineDate
Submit FAFSA for the 2024/2025 academic yearJune 30, 2025
Apply for scholarships through CASH for academic year 2024/2025October 1 - February 1, 2024

GEER Scholarship

Criteria:

  • Must be an Oklahoma resident
  • Must be at least 20 years of age
  • Must have completed a minimum of 24 college credit hours
  • Cannot be currently enrolled at OU

Note: This scholarship is a one-time funding opportunity to help ease the financial burden for students who want to return to school to finish a bachelor’s degree they started but didn’t finish. Qualifying students may receive up to $15,000 to cover bursar holds, tuition, fees, and learning materials billed through the bursar. Funds can only be disbursed through Spring 2025 and are based on availability.

Learn more about the GEER Scholarship

In Their Words

“I graduated high school 33 years ago and received my associate degree 30 years ago. To come back and finish what I started has shown me that I can do anything that I put my mind to.”

—Kimberly Warner,

B.A. Organizational Leadership, 2022

“I didn’t ever think I could take online classes, but the classes have been easy to navigate, and the school is very veteran friendly. I just love that you take two or three classes, and it’s split up into eight-week sessions.”

—Jeremy Adams,

B.S. Criminal Justice, 2021

Don’t Forget the Extras

Once you have your tuition covered, you’re still going to need a few extra dollars to buy books and additional materials you’ll need to complete your coursework. Below are a few key areas to prioritize:

Computer

New students spend an average of $700 on a computer when starting classes. Those who have a computer spend an average of $357/year on related accessories and other forms of technology, according to 2021 data from the College Board.

Program Subscriptions

OU offers students access to free and discounted software, subscriptions to useful sites like Grammarly, and access to numerous academic resources through the OU Library. Career resources are also available through the OU Career Center.

Textbooks

According to NACS, students spent an average of $339 on textbooks during the 2021-2022 academic year.

Connect with an Advisor

When you are admitted into an OU Online program, you will be assigned an advisor who will help you create an individualized graduation plan, organize and identify the courses you need for your degree, and answer any questions you have during your academic journey.

Contact the Advisor for Your Degree

Business Administration & Organizational Leadership
Shelby Cole (shelbyecole@ou.edu). 

Criminal Justice & Integrative Studies
Stephanie Pitchford (steph@ou.edu)

Healthcare Management, Aerospace Defense, Construction Management, & Learning and Education Studies
Emily Arias (earias@ou.edu)

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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