Financial Aid Net Costs
Net Costs
It is important for families and students to know the range of costs associated with college attendance.
Direct Costs include tuition and fees, books and supplies at OCCC. Based on current costs, a student who enrolls in 12 credit hours each semester (fall/spring) or 24 credit hours a year will incur approximately $2,980 in tuition and fees. Books and supplies costs vary but could be $800 each semester or $1,600 for the academic year. Total direct costs will be about $4,580 for the year.
A student who files the Free Application for Federal Student Aid (FAFSA) would be eligible for some type of assistance (grant and/loan) to cover direct costs. Many students at OCCC receive a Pell Grant sufficient to cover direct costs. The maximum Pell Grant for a full-time student with the greatest financial need will be $5815 for 2016-2017. Students who do not qualify for sufficient Pell Grant funds may borrow an amount to cover their direct costs. Students who receive a state or OCCC scholarship for tuition charges such as OKC-Go, Oklahoma's Promise, or High School scholarships will have reduced direct costs.
Indirect Costs are costs a student incurs that are not directly paid to the college but are incurred as a result of being a student. Indirect costs include transportation, room and board, and miscellaneous costs. These costs can be met with financial aid funds remaining after direct costs are covered. These cost can be minimized by following a financial budget.
By filing the FAFSA each year, families and students are able to access a combination of federal, state, and college resources to meet most of their expenses. The net costs to the family to attend OCCC are minimal for those who seek available assistance. All families are strongly encouraged to file the FAFSA to enable the Financial Aid Office to determine their eligibility for most federal and state programs.