Oakwood University

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2016 Undergraduate Tuition

$15,714

0% growth from 2015

2016 Average Net Price

$26,427

After Financial Aid

2015 Student Loan

13.8%

Default Rate

2016 Acceptance Rate

48.4%

2,177 Applicants

2016 Enrolled Students

1,794

93% Full-Time

2016 Graduation Rate

46.8%

213 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 (28 degrees), and Theological Studies (27 degrees).

In 2016, 382 degrees were awarded across all undergraduate and graduate programs at Oakwood University. 62.8% of these degrees were awarded to women, and 37.2% awarded men. The majority of degree recipients were black or african american (313 degrees), 19.6 times more than then the next closest race/ethnicity group, white (16 degrees).

The median undergraduate tuition at Oakwood University is $15,714, which is $-8,701 less than the national average for Baccalaureate Colleges ($24,415).

Costs

The median undergraduate tuition at Oakwood University is $15,714, which is $-8,701 less than the national average for Baccalaureate Colleges ($24,415).

After taking grants and loans into account, the average net price for students is $26,427.

In 2016, 84% of undergraduate students received federal grants, while 71% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$15,714

2016 Undergraduate Tuition

In 2016, the cost of tuition at Oakwood University was $15,714. The cost of tuition at Oakwood University is $-8,701 less than than the overall (public and private) national average for Baccalaureate Colleges ($24,415).

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

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Average Net Price

$26,427

2016 Value

1.88%

1 Year Growth

In 2016 Oakwood University had an average net price — the price paid after factoring in grants and loans — of $26,427. Between 2015 and 2016, the average net price of Oakwood University grew by 1.88%.

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

$1,440

Books and Supplies

The average yearly cost of room and board at Oakwood University was of $9,650 in 2016. During the same period, the average yearly cost of books and supplies was $1,440. The cost of room and board did not change between 2015 and 2016. The cost of books and supplies did not change during the same period.

This chart compares the average student costs at Oakwood University (in red) with that of similar universities.

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Financial Aid

Financial Aid by Income Level

84%

Of Undergraduates Receive Grants

71%

Of Undergraduates Receive Federal Loans

84% of undergraduate students at Oakwood University received grants or loans in 2016. This represents a growth of 2.44% with respect to 2015, when 82% 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.

13.8%

2015 Default Rate

85

Number of Defaults

In 2015 the default rate for borrower's at Oakwood University was 13.8%, which represents 85 out of the 616 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 2,177 undergraduate applications in 2016, which represents a 9.29% annual growth. Out of those 2,177 applicants, 1,053 students were accepted for enrollment, representing a 48.4% acceptance rate.

There were 1,794 students enrolled at Oakwood University in 2016, and 48% of first-time enrollees submitted SAT scores with their applications.

Oakwood University has an overall enrollment yield of 37.1%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

48.4%

Acceptance Rate in 2016

1,053

Accepted Out of 2,177

In 2016, the undergraduate acceptance rate of Oakwood University was 48.4% (1,053 admissions from 2,177 applications). This is higher than the acceptance rate of 2015, which was 47.5%. Between 2015 and 2016, the number of applicants grew by 9.29%, while admissions grew by 11.3%.

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

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SAT Scores

48%

Submission Percentage

187

Scores Submitted

48% of enrolled first-time students at Oakwood University in 2016 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 1,794 students. The full-time enrollment at Oakwood University is 1,668 students and the part-time enrollment is 126. This means that 93% of students enrolled at Oakwood University are enrolled full-time.

The enrolled student population at Oakwood University, both undergraduate and graduate, is 85.5% Black or African American, 3.23% Hispanic or Latino, 1.06% White, 0.39% American Indian or Alaska Native, 0.223% 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 majority Black or African American Female (49.6%), followed by Black or African American Male (37.6%) and Hispanic or Latino Female (2.09%). Students enrolled in full-time Graduate programs are majority Black or African American Male (38.1%), followed by White Female (26.2%) and Black or African American Female (21.4%).

Full-Time vs Part-Time Enrollment

93%

Full-Time Enrollment

The total enrollment at Oakwood University, both undergraduate and graduate, is 1,794 students. The full-time enrollment at Oakwood University is 1,668 and the part-time enrollment is 126. This means that 93% of students enrolled at Oakwood University are enrolled full-time compared with 81% 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

74%

2016 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 74%. Compared with the full-time retention rate at similar Baccalaureate Colleges (74%), Oakwood University had a retention rate approximately the same as 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

    1,534

  2. Hispanic or Latino

    58

  3. White

    19

The enrolled student population at Oakwood University is 85.5% Black or African American, 3.23% Hispanic or Latino, 1.06% White, 0.39% American Indian or Alaska Native, 0.223% 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 55.6% White, 14% Black or African American, and 12.4% 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, 58 students (3.23%) did not report their race.

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Graduates

In 2016, 98 more women than men received degrees from Oakwood University. The majority of degree recipients at Oakwood University are black or african american (313 degrees awarded). There were 19.6 times more black or african american graduates than the next closest race/ethnicity group, white (16 degrees).

The most common Bachelor's Degree concentration at Oakwood University is General Studies (42 degrees awarded), followed by General Biological Sciences (28 degrees) and Theological Studies (27 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 (36 degrees awarded), Biology (49 degrees), and Language & Linguistics (7 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 & surgeons (400,047 people), Miscellaneous managers (192,186 people), Postsecondary teachers (190,289 people), Social workers (187,991 people), and Elementary & middle school teachers (185,659 people).

The most specialized majors at Oakwood University are Theology (36 degrees awarded), Biology (49 degrees), Language & Linguistics (7 degrees), Math & Statistics (7 degrees), and Public Administration and Social Service (15 degrees).

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Highest Paying Jobs by Major

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Oakwood University are Public relations specialists, Physicians & surgeons, Real estate brokers & sales agents, Aircraft pilots & flight engineers, and Financial analysts

The most specialized majors at Oakwood University are Theology (36 degrees awarded), Biology (49 degrees), Language & Linguistics (7 degrees), Math & Statistics (7 degrees), and Public Administration and Social Service (15 degrees).

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Common Industries by Major

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Oakwood University are Hospitals (522,819 people), Elementary & secondary schools (376,844 people), Colleges, universities & professional schools, including junior colleges (360,196 people), Offices of physicians (164,612 people), and Scientific research & development services (122,911 people).

The most specialized majors at Oakwood University are Theology (36 degrees awarded), Biology (49 degrees), Language & Linguistics (7 degrees), Math & Statistics (7 degrees), and Public Administration and Social Service (15 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 degrees awarded

  2. 28 degrees awarded

  3. 27 degrees awarded

In 2016, the most common bachelors degree concentration at Oakwood University was General Studies with 42 degrees awarded.

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

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Gender Breakdown for Common Majors

Degrees Awarded to Men

  1. 142

  2. 240

In 2016, 142 degrees were awarded to men at Oakwood University, which is 0.592 times less than the number of degrees awarded to females (240).

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 2016, 22 degrees were awarded to men at Oakwood University in Theological Studies, which is 4.4 times more than the 5 female recipients with that same degree.

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Most Common Female Majors

In 2016, 27 degrees were awarded to women at Oakwood University in General Studies, which is 1.8 times more than the 15 male recipients with that same degree.

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Time to Complete

20%

100% Completion Time

43%

150% Completion Time

In 2016, 20% of students graduating from Oakwood University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 43% completed their degrees within 150% of the normal time, and 47% 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 Female

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at Oakwood University is Female and American Indian or Alaska Native (100% graduation rate). Across all Baccalaureate Colleges, Asian Female students have the highest graduation rate (67.2%).

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, 0.469% of graduates (1 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

    313 degrees awarded

  2. White

    16 degrees awarded

  3. Hispanic or Latino

    9 degrees awarded

The most common race/ethnicity at Oakwood University is black or african american (313 degrees awarded). There were 19.6 times more black or african american recipients than the next closest race/ethnicity group, white (16 degrees).

1.83% of degree recipients (7 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic

  1. Black or African American Female

    198 degrees awarded

  2. Black or African American Male

    115 degrees awarded

  3. White Female

    11 degrees awarded

The most common race/ethnicity and gender grouping at Oakwood University is black or african american female (198 degrees awarded). There were 1.72 times more black or african american female recipients than the next closest race/ethnicity group, black or african american male (115 degrees).

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Operations

Oakwood University has an endowment valued at nearly $12.7M, as of the end of the 2015 fiscal year. The return on its endowment was of $314k (2.48%), compared to the 2.13% average return ($717k on $33.6M) across all Baccalaureate Colleges.

In 2015, Oakwood University had a total expenditure of $52.2M. Of that $52.2M, they spent $15.9M on salaries and $52.2M on benefits.

Oakwood University employs 45 Assistant professors, 36 Associate professors, and 18 Professors. Most academics at Oakwood University are Female Assistant professors (25), Male Assistant professors(20), and Female Associate professors (19).

The most common positions for non-instructional staff at Oakwood University are: Office and Administrative Support, with 45 employees, Management, with 43 employees, and Computer, Engineering, and Science with 28 employees.

Finances

Endowment

$12.7M

2015 Endowment

5.44%

growth from 2014

Oakwood University has an endowment valued at about $12.7M, as of the end of the 2015 fiscal year. The endowment of Oakwood University grew 5.44% 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. $7.24M - Federal

  2. $0 - State

  3. $0 - Local

As of 2015, Oakwood University received $7.24M 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

Primary Expenses

Expenditure values can vary depending on whether the institution is public or private, and are not available for private-for-profit schools.

$15.9M

Salary Expenditure

$52.2M

Benefits Expenditure

In 2015, Oakwood University had a total expenditure of $52.2M. Of that $52.2M, they spent $15.9M on salaries and $52.2M on benefits.

The bar chart shows the share of the primary expenses at Oakwood University over time, and the line chart shows the expenditure for solely salaries and benefits over time compared to the median for the Baccalaureate Colleges Carnegie Classification grouping.

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Expenditure by Category

This tree map shows all of the primary expenses of Research at Oakwood University as a share of total expenditure.

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Salary Expenditure

$15.9M

2015 Salaries

2.37%

decline from 2014

In 2015, Oakwood University paid a median of $15.9M in salaries, which represents 30.5% of their overall expenditure ($52.2M) and a 2.37% decline from the previous year. This is compared to a 3.09% growth from 2013 and a 1.52% decline from 2012.

The median for similar Baccalaureate Colleges is 13.3M (38.4% of overall expenditures).

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Instructional Salaries

$4.9M

Instructional Salaries

92

Number of Employees

In 2015, Oakwood University paid a total of $4.9M to 92 employees working as instructors, which represents 30.8% of all salaries paid.

This is compared to a median of $4.52M (34%) for similar Baccalaureate Colleges.

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Faculty and Staff

Occupations by Share

Assistant professor

Most Common Instructor

45 Employees

Office and Administrative Support

Most Common Non-Instructional Employee

45 Employees

In 2016, the most common positions for instructional staff at Oakwood University were Assistant professor with 45 employees; Associate professor with 36 employees; and Associate professor with 18 employees.

In 2016, the most common positions for non-instructional staff at Oakwood University were Office and Administrative Support with 45 employees; Management with 43 employees; and Computer, Engineering, and Science with 28 employees.

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Instructors by Academic Rank and Gender

Most Common Demographic

  1. Female Assistant professor

  2. Male Assistant professor

  3. Female Associate professor

In 2016, the most common demographic for instructional staff at Oakwood University was Female Assistant professor with 25 employees, Male Assistant professor with 20 employees, and Female Associate professor with 19 employees.

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

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