Financial Aid Funding Package

Oberlin evaluates the PROFILE, tax returns, and other information to determine financial need, which is the difference between the total cost of attending Oberlin and the ability of the family to contribute to those educational costs. Oberlin College costs include tuition and fees, charged to all students, room and board, plus an allowance for books and supplies, estimated personal expenses, and limited travel.

Oberlin College calculates the amount a family can contribute to a student’s education by examining:

• parental income and assets;
• benefits, such as those from an employer;
• non-custodial information (if applicable);
• awards from outside agencies; and
• student assets and expected savings from summer employment.

Financial aid is usually awarded to students in a three-part package which consists of:

• money earned by the student from campus employment;
• education loans taken out by the student; and
• outright gifts or grants of scholarship money.

 Contact the Office of Financial Aid for additional information about need-based financial aid at Oberlin.