Oakwood University

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2019 Undergraduate Tuition
$18,974
1% growth from 2018
2019 Average Net Price
$23,398
After Financial Aid
2017 Student Loan
10.7%
Default Rate
2019 Acceptance Rate
64.7%
1,775 Applicants
2019 Enrolled Students
1,526
93.1% Full-Time
2018 Graduation Rate
47.5%
194 Graduates

About

Oakwood University is a higher education institution located in Madison County, AL. In 2016, the most popular Bachelor's Degree concentrations at Oakwood University were General Studies (42 degrees awarded), General Biological Sciences (25 degrees), and Registered Nursing (21 degrees).

In 2019, 333 degrees were awarded across all undergraduate and graduate programs at Oakwood University. 61.3% of these degrees were awarded to women, and 38.7% awarded men. The most common race/ethnicity group of degree recipients was black or african american (260 degrees), 17.3 times more than then the next closest race/ethnicity group, hispanic or latino (15 degrees).

The median undergraduate tuition at Oakwood University is $18,974, which is $−8,306 less than the national average for Baccalaureate Colleges ($27,280).

Costs

The median undergraduate tuition at Oakwood University is $18,974, which is $−8,306 less than the national average for Baccalaureate Colleges ($27,280).

After taking grants and loans into account, the average net price for students is $23,398.

In 2019, 94% of undergraduate students received federal grants, while 68% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$18,974
2019 Undergraduate Tuition

In 2019, the cost of tuition at Oakwood University was $18,974. The cost of tuition at Oakwood University is $−8,306 less than than the overall (public and private) national average for Baccalaureate Colleges ($27,280).

This chart compares the tuition costs of Oakwood University (in red) with those of other similar universities.

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Average Net Price

$23,398
2019 Value
9.79%
1 Year Growth

In 2019 Oakwood University had an average net price — the price paid after factoring in grants and loans — of $23,398. Between 2018 and 2019, the average net price of Oakwood University grew by 9.79%.

This chart compares the average net price of Oakwood University (in red) with that of other similar universities.

Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

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Other Student Expenses

$9,650
Room and Board
$1,500
Books and Supplies

The average yearly cost of room and board at Oakwood University was of $9,650 in 2019. During the same period, the average yearly cost of books and supplies was $1,500. The cost of room and board decreased by 19.6% between 2018 and 2019. The cost of books and supplies did not change during the same period.

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Financial Aid

Financial Aid by Income Level

94%
Of Undergraduates Receive Grants
68%
Of Undergraduates Receive Federal Loans

94% of undergraduate students at Oakwood University received grants or loans in 2019. This represents a growth of 5.62% with respect to 2018, when 89% of undergraduate students received financial aid.

This chart compares the average award discount at Oakwood University (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

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Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.
10.7%
2017 Default Rate
61
Number of Defaults

In 2017 the default rate for borrower's at Oakwood University was 10.7%, which represents 61 out of the 569 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

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Admissions

Oakwood University received 1,775 undergraduate applications in 2019, which represents a 4.04% annual growth. Out of those 1,775 applicants, 1,149 students were accepted for enrollment, representing a 64.7% acceptance rate.

There were 1,526 students enrolled at Oakwood University in 2019, and 45% of first-time enrollees submitted SAT scores with their applications.

Oakwood University has an overall enrollment yield of 26%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

64.7%
Acceptance Rate in 2019
1,149
Accepted Out of 1,775

In 2019, the undergraduate acceptance rate of Oakwood University was 64.7% (1,149 admissions from 1,775 applications). This is lower than the acceptance rate of 2018, which was 65.9%. Between 2018 and 2019, the number of applicants grew by 4.04%, while admissions grew by 2.22%.

This chart compares the acceptance rate of Oakwood University (in red) with that of other similar universities.

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SAT Scores

45%
Submission Percentage
136
Scores Submitted

45% of enrolled first-time students at Oakwood University in 2019 submitted SAT scores with their applications.

This chart shows the SAT scores for the 25th and 75th percentile of applicants broken out into each section of the test that their are evaluated on.

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Enrollment

Oakwood University has a total enrollment of 1,526 students. The full-time enrollment at Oakwood University is 1,420 students and the part-time enrollment is 106. This means that 93.1% of students enrolled at Oakwood University are enrolled full-time.

The enrolled student population at Oakwood University, both undergraduate and graduate, is 78.5% Black or African American, 5.11% Hispanic or Latino, 2.23% American Indian or Alaska Native, 1.11% White, 0.524% Asian, 0% Native Hawaiian or Other Pacific Islanders, and 0% Two or More Races.

Students enrolled at Oakwood University in full-time Undergraduate programs are most commonly Black or African American Female (48.2%), followed by Black or African American Male (32.9%) and Hispanic or Latino Female (2.71%). Students enrolled in full-time Graduate programs are most commonly Black or African American Female (40.7%), followed by White Female (16.7%) and Black or African American Male (11.1%).

Full-Time vs Part-Time Enrollment

93.1%
Full-Time Enrollment

The total enrollment at Oakwood University, both undergraduate and graduate, is 1,526 students. The full-time enrollment at Oakwood University is 1,420 and the part-time enrollment is 106. This means that 93.1% of students enrolled at Oakwood University are enrolled full-time compared with 81.1% at similar Baccalaureate Colleges.

This chart shows the full-time vs part-time enrollment status at Oakwood University (in red) compares to similar universities.

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Retention Rate over Time

71%
2019 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at Oakwood University was 71%. Compared with the full-time retention rate at similar Baccalaureate Colleges (73%), Oakwood University had a retention rate lower than its peers.

This chart shows the retention rate over time at Oakwood University (highlighted in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity
  1. Black or African American
    1,198
  2. Hispanic or Latino
    78
  3. American Indian or Alaska Native
    34

The enrolled student population at Oakwood University is 78.5% Black or African American, 5.11% Hispanic or Latino, 2.23% American Indian or Alaska Native, 1.11% White, 0.524% Asian, 0% Native Hawaiian or Other Pacific Islanders, and 0% Two or More Races. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Baccalaureate Colleges is 55% White, 14% Black or African American, and 13.1% Hispanic or Latino.

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 82 students (5.37%) did not report their race.

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Graduates

In 2019, 75 more women than men received degrees from Oakwood University. The most common race/ethnicity group of degree recipients at Oakwood University is black or african american (260 degrees awarded). There were 17.3 times more black or african american graduates than the next closest race/ethnicity group, hispanic or latino (15 degrees).

The most common Bachelor's Degree concentration at Oakwood University is General Studies (42 degrees awarded), followed by General Biological Sciences (25 degrees) and Registered Nursing (21 degrees).

The most specialized majors across all degree types at Oakwood University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Theology (29 degrees awarded), Math & Statistics (14 degrees), and Biology (33 degrees).

Workforce

Common Jobs by Major

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Oakwood University are Physicians (400,441 people), Postsecondary teachers (175,811 people), Social workers, all other (164,831 people), Other managers (160,349 people), and Secondary school teachers (133,067 people).

The most specialized majors at Oakwood University are Theology (29 degrees awarded), Math & Statistics (14 degrees), Biology (33 degrees), Language & Linguistics (5 degrees), and Public Administration and Social Service (13 degrees).

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Highest Paying Jobs by Major

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Oakwood University are Surgeons, Other financial specialists, Dentists, Physicians, and Architectural & engineering managers

The most specialized majors at Oakwood University are Theology (29 degrees awarded), Math & Statistics (14 degrees), Biology (33 degrees), Language & Linguistics (5 degrees), and Public Administration and Social Service (13 degrees).

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Common Industries by Major

The most common industries for people who hold a degree in one of the 5 most specialized majors at Oakwood University are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (488,697 people), Colleges, universities & professional schools, including junior colleges (394,422 people), Elementary & secondary schools (373,212 people), Offices of physicians (213,030 people), and Scientific research & development services (140,179 people).

The most specialized majors at Oakwood University are Theology (29 degrees awarded), Math & Statistics (14 degrees), Biology (33 degrees), Language & Linguistics (5 degrees), and Public Administration and Social Service (13 degrees).

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Degrees

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Oakwood University.
Most Common
  1. 42 degree-majorss awarded
  2. 25 degree-majorss awarded
  3. 21 degree-majorss awarded

In 2019, the most common bachelors degree concentration at Oakwood University was General Studies with 42 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at Oakwood University according to their major.

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Gender Breakdown for Common Majors

129
Degrees Awarded to Men
in 2019
204
Degrees Awarded to Women
in 2019

In 2019, 129 degrees were awarded to men at Oakwood University, which is 0.632 times less than the number of degrees awarded to females (204).

This chart displays the gender disparity between the top 5 majors at Oakwood University by degrees awarded.

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Most Common Male Majors

In 2019, 20 degrees were awarded to men at Oakwood University in General Studies, which is 0.909 times less than the 22 female recipients with that same degree.

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Most Common Female Majors

In 2019, 28 degrees were awarded to women at Oakwood University in Dietetics, which is 14 times more than the 2 male recipients with that same degree.

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Time to Complete

24%
100% Completion Time
48%
150% Completion Time

In 2019, 24% of students graduating from Oakwood University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 48% completed their degrees within 150% of the normal time, and 51% within 200%.

The following chart shows these completion rates over time compared to the average for the Baccalaureate Colleges Carnegie Classification group.

Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

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Diversity

Graduation Rate by Race and Gender

Showing demographic groups with ≥ 5 graduating students.
American Indian or Alaska Native Male
Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at Oakwood University is Male and American Indian or Alaska Native (100% graduation rate). Across all Baccalaureate Colleges, Asian Female students have the highest graduation rate (69.1%).

The department of education defines graduation rate as the percentage of full-time, first-time students who received a degree or award within 150% of "normal time" to completion.

The National Center for Education Statistics (NCES) categorizes any student who is studying in the United States on a temporary basis as a "Non-Resident Alien", and the graduation rate of those students is shown in the chart below. Additionally, 1.55% of graduates (3 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity
  1. Black or African American
    260 degrees awarded
  2. Hispanic or Latino
    15 degrees awarded
  3. Asian
    10 degrees awarded

The most common race/ethnicity at Oakwood University is black or african american (260 degrees awarded). There were 17.3 times more black or african american recipients than the next closest race/ethnicity group, hispanic or latino (15 degrees).

2.7% of degree recipients (9 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic
  1. Black or African American Female
    152 degrees awarded
  2. Black or African American Male
    108 degrees awarded
  3. Hispanic or Latino Female
    10 degrees awarded

The most common race/ethnicity and gender grouping at Oakwood University is black or african american female (152 degrees awarded). There were 1.41 times more black or african american female recipients than the next closest race/ethnicity group, black or african american male (108 degrees).

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Operations

Oakwood University has an endowment valued at nearly $19.7M, as of the end of the 2019 fiscal year. The return on its endowment was of $1.04M (5.27%), compared to the 3.99% average return ($1.62M on $40.7M) across all Baccalaureate Colleges.

In 2019, Oakwood University had a total salary expenditure of $55.6M. Oakwood University employs 42 Assistant professors, 35 Associate professors, and 16 Professors. Most academics at Oakwood University are Male Associate professors (21), Male Assistant professors(21), and Female Assistant professors (21).

The most common positions for non-instructional staff at Oakwood University are: Office and Administrative Support, with 48 employees, Management, with 42 employees, and Service with 25 employees.

Finances

Endowment

$19.7M
2019 Endowment
11.8%
growth from 2018

Oakwood University has an endowment valued at about $19.7M, as of the end of the 2019 fiscal year. The endowment of Oakwood University grew 11.8% from the previous year. The value of their endowment was $21M lower than than the median endowment of Baccalaureate Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Oakwood University (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Baccalaureate Colleges: Diverse Fields Carnegie Classification grouping.

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Government Grants and Contracts

Grants & Contracts
  1. $6.61M - Federal
  2. $0 - State
  3. $0 - Local

As of 2019, Oakwood University received $6.61M in grants and contracts from the federal government, $0 from state grants and contracts, and $0 from local grants and contracts.

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Expenses

Salary Expenditure

$17.3M
2019 Salaries
2.2%
growth from 2018

In 2019, Oakwood University paid a median of $17.3M in salaries, which represents 31% of their overall expenditure ($55.6M) and a 2.2% growth from the previous year. This is compared to a 6.62% growth from 2017 and a 5.2% decline from 2016.

The median for similar Baccalaureate Colleges is 15.5M (41% of overall expenditures).

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Instructional Salaries

$5.28M
Instructional Salaries
93
Number of Employees

In 2019, Oakwood University paid a total of $5.28M to 93 employees working as instructors, which represents 30.6% of all salaries paid.

This is compared to a median of $4.89M (31.6%) for similar Baccalaureate Colleges.

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Faculty and Staff

Occupations by Share

Assistant professor
Most Common Instructor
42 Employees
Office and Administrative Support
Most Common Non-Instructional Employee
48 Employees

In 2019, the most common positions for instructional staff at Oakwood University were Assistant professor with 42 employees; Associate professor with 35 employees; and Associate professor with 16 employees.

In 2019, the most common positions for non-instructional staff at Oakwood University were Office and Administrative Support with 48 employees; Management with 42 employees; and Service with 25 employees.

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Instructors by Academic Rank and Gender

Most Common Demographic
  1. Male Associate professor
  2. Male Assistant professor
  3. Female Assistant professor

In 2019, the most common demographic for instructional staff at Oakwood University was Male Associate professor with 21 employees, Male Assistant professor with 21 employees, and Female Assistant professor with 21 employees.

This chart shows the gender split between each academic rank present at Oakwood University.

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