ALL OFFERS SHOWN ON YOUR OU-FAN ARE SUBJECT TO CHANGE FOR REASONS INCLUDING BUT NOT LIMITED TO: CHANGES IN FEDERAL, STATE, AND INSTITUTIONAL FUNDING, ENROLLMENT LEVEL, RESIDENCY STATUS, THE RECEIPT OF OUTSIDE SCHOLARSHIPS, AND FAILURE TO MAINTAIN SATISFACTORY ACADEMIC PROGRESS.
Review the Financial tab links in One carefully. This includes all links and information contained in this document and within the website. The Financial tab includes additional information and reminders to help navigate the financial aid process. The OU-FAN link lists the type(s) and amount(s) of aid you are eligible for the Aid Year selected. By accepting aid you are agreeing to accept the obligations stated within this document and your OU-FAN links. Be sure to visit the Financial tab in One regularly for updates.
Students enrolled in Professional and Continuing Studies Programs have different enrollment requirements, aid eligibility requirements, and disbursement procedures. Visit the Professional and Continuing Studies Programs Financial Aid website for detailed information.
Students enrolled in OU Online may have different enrollment requirements, aid eligibility requirements, and disbursement procedures. Visit OU Online Financial Aid for detailed information.
Additional information about financial aid and scholarships is available on the OU Student Financial Center website. One is the student portal to OU student information including financial aid, bursar account balance, online enrollment, and transcripts. The Guide to Federal Student Aid published by the U.S. Department of Education provides complete details about the federal aid programs and is normally available in English and Spanish.
Includes all grants, loans, scholarships and work-study programs, and resources that help fund college. Resources may include Vocational Rehabilitation benefits, tribal grants, tuition waivers, cash scholarships, resident adviser benefits, etc.
Please review the following link for summer aid information: ou.edu/sfc/financial-aid/applying-for-aid/summer-aid. Additional loan applications may be required. Summer aid funds are very limited. Summer information is normally available in late February or early March.
This section includes the forms needed and the current document status of your aid application. An email is sent to your OU student email when Missing Information is needed. Submit complete, signed forms to SFC as quickly as possible as deadlines apply. Links are provided for most forms requested.
Select the Aid Year desired. The OU-FAN is a series of up to five tabs which display specific information about your financial aid. Print or save these screens for future reference.
Includes important information about your OU-FAN specific to the Aid Year selected including general disclaimers. Also find quick links to additional aid programs that require a separate application (typically loan programs).
This is an overview of your financial aid for the aid year selected.
Need Calculation
Used for determining your financial aid eligibility. The components used to determine your financial aid eligibility include:
Housing
Expected Enrollment
Financial Aid Offer
Cumulative Loan Information
This tab displays when specific information is requested to process aid (this is in addition to the information requested in the Missing Information link). Typically the information requested may be submitted online and helps SFC process your aid more accurately.
This tab provides instructions on how to accept, reduce, or decline offers including additional instructions for loan borrowers. You must accept, reduce or decline offers for most disbursement to occur. All financial aid resources known at the time the offers are made are listed here.
The Aid Revision Request Form is available for revisions that cannot be submitted online using the OUFAN. Additional information about each program is included in the Financial Aid Programs chart near the end of this document and in the Guide to Federal Student Aid.
This tab may include any special messaging as determined by SFC. SFC uses your OU email account for most notifications and may also send forms or letters to the student’s local or permanent mailing address. Keep your address and phone numbers updated in One at all times.
May occur for many reasons including: changes in federal and/or state regulations, institutional policies or procedures, changes in funding, enrollment level, residency status, degree program, receipt of outside scholarships or resources, changes made by the offering organization, or failure to maintain Satisfactory Academic Progress (SAP). These changes can affect your eligibility for financial aid and/or the amount(s) offered.
If you receive financial resources not listed on your OU-FAN, SFC may be required to adjust offers so you do not have an overaward (more funds than federal financial aid rules allow). A reduction may be made equally from fall and spring offers or entirely from spring if fall aid has already been disbursed.
Students receiving financial aid must maintain Satisfactory Academic Progress (SAP) and meet minimum enrollment requirements as described in the chart below. Financial aid probation and suspension are separate from academic probation and suspension as set by the university academic community.
Log into One to check your current financial aid Academic Progress status. Go to the Main Menu and follow the Academic Progress links to view your status and the online Satisfactory Academic Progress links.
| Minimum GPA* | Enrollment Requirements per Academic Year | Minimum Hours to Be Completed per Academic Year** | Maximum Time Frame Allowed for Degree Completion |
|---|---|---|---|
| Undergraduates 2.0 | Full-time: 24 3/4-time: 18 Half-time: 12 | Full-time: 16 3/4-time: 13 Half-time: 8 | Up to 150 Credit Hours |
| Graduate Students 3.0 | Full-time: 18 Half-time: 10 | Full-time: 10 Half-time: 10 | 48 Master’s credit hours 87 Doctoral credit hours |
| Law Students 4.0 | Full-time: 20 (No provision for ½ time) | Full-time: 20 (No provision for ½ time) | 3 years for Juris Doctorate 4 years for combined JD and MBA |
*Minimum GPA – The combined cumulative retention grade point average (including transfer credits) and the OU cumulative retention grade point average must also be at least the minimums stated above.
**Academic year is defined as the traditional fall and spring semesters combined. Completion of enrollment (hours earned) is as important as maintaining a satisfactory grade point average. Enrollment terms for non-traditional programs may vary.
In addition, you must demonstrate that you are making satisfactory progress toward degree completion. Your academic progress is reviewed after each spring semester and/or as needed.
Summer attendance is considered optional. If you receive financial aid for the summer term you are expected to complete the coursework you have been aided for with at least the minimum grade point average and hours earned.
If you do not meet the minimum requirements for SAP you are not eligible for additional or future financial aid. Aid offered may be revoked if SFC later determines you were not eligible. SFC sends a separate notification when you are in a probation or suspension status.
Is failure to meet minimum SAP, poor academic performance, and/or failure to progress toward degree completion. If suspended from financial aid, you may submit a written appeal to SFC documenting the extenuating circumstances that affected your academic performance.
If an appeal is approved, you may continue to receive financial aid for a probationary period as defined in your financial aid probation letter. The letter will include the minimum grade point average and credit hours required. If an appeal is not approved or probationary terms are not met, you must successfully complete one semester at OU at your own expense to regain financial aid eligibility. Coursework considered for reinstatement must be completed at OU.
Your initial financial aid offers are normally based on full time enrollment. In some cases offers may be based on another enrollment configuration. If your planned enrollment changes from that listed on your OU-FAN, you must provide notification using the Aid Revision Form. Note that changes in your enrollment may reduce or cancel some offers.
| Undergraduate Students | Full-Time Hours | Half-Time Hours |
|---|---|---|
| Fall or Spring | 12 | 6 |
| Summer | 12 | 6 |
| Graduate Students | Full-Time Hours | Half-Time Hours |
|---|---|---|
| Fall or Spring | 9 | 5* |
| Summer | 9 | 5 |
| Law Students | Full-Time Hours | Half-Time Hours |
|---|---|---|
| 10 | No provision for ½ time enrollment. |
*Some graduate assistants are considered to be full-time students by the Graduate College. This full-time status applies only to loan deferments. Loan Deferment Forms for Norman Campus students are certified by the Office of Academic Records, Room 330 Buchanan Hall, 1000 Asp Avenue, Norman, OK 73019-4076. Phone: (405) 325-2251 Fax: (405) 325-7047.
OU Online, Extended Campus, and Advanced Programs students may be subject to different enrollment and satisfactory progress requirements. Refer to their financial aid pages for more information.
Courses taken at other schools, audit courses, correspondence courses through the Center for Independent and Distance Learning, CLEP, Advanced Standing, and Concurrent courses do not count toward minimum enrollment status requirements and are not used to demonstrate satisfactory academic progress. Letter grades of “F” (failure), “U” (unsatisfactory), “I” (incomplete), or “W” (withdrawal), or “AW” (administrative withdrawal), are not considered satisfactory completion of a course and will not be counted toward the minimum hours completed per academic year.
Most OU undergraduates should plan to take approximately 15 to 16 credit hours per semester to move towards a timely graduation in 4 years. A timely graduation benefits you when applying to graduate schools as many graduate programs only accept students in the fall semester. A one semester delay can result in a one-year delay of entering and completing a graduate degree. A timely graduation also benefits you when seeking employment by enabling you to enter the work force sooner, saving you thousands of dollars on tuition, fees, books and housing expenses. Check out your current Cost of Attendance to figure what you can save by graduating on time and not extending another year!
Apply for aid through the financial aid office on the campus that will grant your degree. OU Norman campus degree seeking students who officially enroll in OU HSC classes must inform the SFC when contacting these offices that you have combined enrollment. OU HSC degree seeking students must apply for and receive financial aid through the HSC Financial Aid Office.
For most aid programs, you can receive aid at only one institution each semester. If you receive aid at more than one college and were not eligible, you may be required to repay aid. There are limited exceptions. Oklahoma’s Promise students should contact the Financial Aid office at each school they are attending for guidance.
Second Bachelor's Degree – A 2nd BA Form is required. Aid is processed as undergraduate. These programs are not eligible for the Federal Pell Grant or Federal Supplemental Education Opportunity Grant (SEOG).
Ineligible Programs/Admit Status – The following Programs are not eligible for Financial Aid:
Admission to the following programs are not eligible for financial aid:
Students that are not considered admitted to an OU degree or certificate program are normally not eligible for aid. Eligibility may be available for federal Direct, PLUS or Graduate PLUS Loan programs for up to 12 months only if you are enrolled in courses necessary for admission to a degree program. SFC will request a Special Student Certification Form in your Missing Information to determine if you meet the requirements for limited aid. After that time, you must be admitted to a regular OU degree program before future aid can be offered. If you are an Oklahoma’s Promise student attending OU as a special, unclassified or visiting student, please contact OU SFC to be placed on the Oklahoma’s Promise list.
There are serious consequences when dropping classes or completely withdrawing from the semester. Dropping courses affects your ability to meet the credit hour completion requirements of the financial aid satisfactory academic progress policy. Dropping courses will reduce your student loan grace period (your loans enter repayment sooner), you can lose loan deferment status, etc. If you completely withdraw, you may owe a repayment of aid funds. If a student completely withdraws from the university, Federal Pell Grant, SEOG, or TEACH funds may be subject to immediate repayment. Refer to the Complete Withdrawal Fact Sheet for more information.
Any student receiving Federal Title IV funds will be subject to the following policy regarding return of Title IV funds: The University and the student will be required to return to the federal aid programs the amount of aid received that was in excess of the aid “earned” for the time period the student remained enrolled. By federal law, the university has 45 days from the date the university determines the student withdrew to return unearned federal aid to the specified programs. Refer to the Complete Withdrawal Fact Sheet for more information. Refer to the University of Oklahoma Refund Policies, or check with the SFC if you have additional questions. If you are considering dropping your enrollment below half-time or completely withdrawing, review the Fact Sheet above. Contact SFC for more information before taking action.
| Aid Programs | Does This Program Require Repayment? | Method of Disbursement | Special Requirements |
|---|---|---|---|
| Federal Pell Grant* | No* | Credit to student account | Cannot have received a bachelor’s degree. |
| Federal SEOG* | No* | Credit to student account | Cannot have received a bachelor’s degree. |
| TEACH Grant/Loan* | No* (If you fill program requirements once you graduate.) | Credit to student account | Must complete Agreement to Serve and a promissory note. |
| Tuition Waiver Scholarships | No | Credit to student account | Cannot be used for any charge other than tuition (resident or non-resident). Cannot be used to pay any other fees (such as health, facilities, etc.). |
| Oklahoma Tuition Aid Grant | No | Credit to student account | Must be an Oklahoma resident. OU does not determine recipients but believes you meet eligibility criteria for OTAG. Enrollment verified at end of add/drop. |
| Oklahoma’s Promise (OHLAP) | No | Credit to student account | Must be an Oklahoma resident. OU lists an offer on the OU-FAN if you appear eligible. Eligibility is confirmed with the Oklahoma Promise office after classes begin. |
| Federal Work-Study | No | Paycheck | Must apply for a student job through Human Resources and be hired. Amount of pay and receipt of paycheck depend upon when work is performed. The Federal Work-Study offer appearing on the OU-FAN represents the gross (100%) amount of earnings, which can be covered by Federal Work-Study. The amount on the OU-FAN includes both the Federal Work-Study and the departmental contribution to the student’s earnings. Any earnings in excess of the FWS offer are paid 100% by the employing department. |
| Direct Subsidized Loan | Yes* Interest rate variable | Credit to student account | Refer to information about the Direct Loan Process on the OU-FAN. |
| Direct Unsubsidized Loan | Yes* Interest rate variable | Credit to student account | Refer to information about the Direct Loan Process on the OU-FAN. |
| Direct Parent PLUS | Yes* Interest rate variable | Credit to student account | PLUS Disbursement. |
| Direct Graduate PLUS Loan | Yes | Credit to student account | |
| OU Institutional Loan Programs | Yes* Interest rate varies per program | Credit to student account | Must complete pre-loan interview form, certification form, and return to SFC; must complete a notarized co-signer statement and must sign promissory note at time of disbursement. |
*If a student completely withdraws from the university, Federal Pell Grant, SEOG, ACG, SMART, or TEACH funds may be subject to immediate repayment. Refer to the University of Oklahoma Refund Policies.
An OTAG offer is considered an estimated offer. Your official enrollment for OTAG is verified immediately after add/drop. You must be enrolled a minimum of 6 hours per semester as an undergraduate to receive the OTAG offer. OTAG is not available to graduate students.
Students selected for the Crimson Commitment Program are notified of their eligibility in the spring or summer prior to their freshman year. An Information Guide is sent to students after their OU-FAN is processed. Please see: Crimson Commitment for more information.
Federal Work-Study earnings are subject to federal and state income tax, and students receive W-2 forms. Grant and scholarship aid (including Pell Grants, SEOG, and OTAG, etc.) may be taxable. SFC recommends that students obtain IRS Publication 970 “Tax Benefits for Higher Education” for specific guidance about the tax obligations of grant and scholarship recipients as well as tax credits for educational expenses. Contact your tax preparer, the IRS at 1.800.829.1040 or visit the IRS website at www.irs.gov for more information.
Note: The SFC cannot advise about the taxability of aid.
Book Vouchers may be available if your financial aid application is complete and your funds are not yet available at the start of the fall, spring, or summer semester. Students that receive book vouchers will receive a code to input at the online bookstore checkout. Additional information can be found here: ou.edu/bookstore.
May be available if your financial aid application is complete and semester aid has not yet been disbursed. Funds may not be advanced from a future semester financial aid.
Student Financial Center
1000 Asp Avenue, Room 105
Buchanan Hall
Norman, Oklahoma 73019-4078
Website: ou.edu/sfc
Phone: (405) 325-9000
Fax: (405) 325-7608
Email: sfc@ou.edu
In person: Parents must have the OU Student ID number (found on the OU Student ID card) when requesting a status check of their student. Students should have their OU ID card or a photo ID ready to present to the advisors. Additional information may be required.
Most financial aid communication is sent to the student’s OU email address. SFC does not recommend forwarding your email to another account as you may lose out on important financial aid information which can result in a loss of aid. Keep your address and phone updated at all times through One.
Please contact us for accommodations on the basis of disability. The University of Oklahoma is an Equal Opportunity Institution.
We wish you a successful year at the University of Oklahoma!
