Financial Aid
Oberlin College meets the full demonstrated financial need of every admitted student, In the 2006-07 academic year Oberlin awarded more than $39 million in aid to students—one-quarter of its operating budget.Financial aid is generally awarded in a three-part package that includes grants, low-interest federal and state student loans, and money earned through student employment. Oberlin is committed to keeping the "self-help" portion of aid packages—the loan and work-study components—as low as possible. Typically between 70 percent and 80 percent of a student's award is made up of grants, with the balance composed of work-study and low-interest loans.
Our Office of Financial Aid analyzes the information you provide on your College Scholarship Service (CSS) PROFILE and establishes a "family contribution" amount for you. This amount will include contributions from both you and your parents. Your demonstrated need is the difference between this family contribution and the cost of attending Oberlin.