Oberlin’s financial aid policy is simple: We meet the full demonstrated financial need of every admitted student through a combination of grants, loans, and money earned through student employment.

two persons on a brick walkway that goes through a park
Oberlin College main campus during fall semester. Photo credit: Office of Communications

Each year, more than two-thirds of Oberlin students receive some form of need-based financial assistance. Our three-part award package typically includes grants from the college, low-interest students loans, and work-study jobs.

We commit more than $59 million annually to provide grant aid directly to students. This makes Oberlin affordable to many talented students who otherwise might not be able to pursue an education at Oberlin.

When you complete a financial aid application, Oberlin automatically considers you for need-based college grants and merit-based scholarships, in addition to any state and federal grants, loans, or work-study programs for which you may qualify.

The chart below details the expenses involved in an Oberlin education. A number of payment plans and options are available to help make college affordable. See the Office of Student Accounts for details.

Oberlin College Costs 2020-21
Tuition $57,654
Room $8,600
Board $8,734
Fees* $900 
Total $75,888
Estimated Expenses
Books $930
Personal Expenses $978
Travel varies

Student health insurance is available for purchase at a cost of $1,924 for the 2020-21 academic year, billed in the fall semester. Students who have other adequate coverage are not required to purchase this insurance.

The deadline to waive the health insurance is August 15, 2020.

*Fees include a refundable $50 “Green Fee.” Students may waive this fee if they do not wish to support the Green Edge Fund.

Oberlin is among the few American colleges and universities that offer substantial financial aid awards to international students. The process for applying for financial aid is different than for domestic students, however, and funding is limited. We encourage you to apply.

Details: Financial Aid for International Students

Resources for Prospective Students

When deciding where to apply to college, cost is likely to be a major consideration. At the same time, the ways that financial aid can make college affordable might not always be clear, especially if this is your first time through the process. 

We’ve put together some overview-level information about how the process works, along with more detailed descriptions of the resources available to you. To get started, we suggest taking a look at the Financial Aid Overview and Applying for Aid: Prospective Students

Next, go to our MyinTuition Quick Cost Estimator. By answering just six questions, you can get an estimate of how much aid you could qualify for and how it would apply to the cost of attending Oberlin. 

Finally, you will find a trove of valuable information at the Office of Financial Aid website, including Financial Aid Basics, Loans, and Outside Scholarships.

Resources for Current Students

To learn more about the financial aid process after your first year, see Applying for Aid: Returning Students. To learn about your bill and payment options, visit the Office of Student Accounts.