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 direct costs and probable changes for the 2014-2015 academic year, a student who enrolls in 12 credit hours each semester (fall/spring) or 24 credit hours a year will incur approximately $2,592 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 $4,192for 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 $5,730 for 2014-2015. 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 assistance funds remaining after direct costs are covered. Students who will need help to meet indirect costs will need to accept financial assistance offers to help with these additional expenses.
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. Students should apply for tuition waivers each semester as a resource to reduce direct cost.