Student Financial Services

North Foundation Hall, Room 120
318 Meadow Brook Road
Rochester , MI 48309-4454
(location map)
(248) 370-2550
finservices@oakland.edu

Office Hours:
M-F 8 a.m. - 5 p.m.
Have your Grizzly ID ready

Summer Office Hours:
May 15 - June 30: 9 a.m. - 5 p.m.
July 1 - July 14: 8 a.m. - 5 p.m.
July 15 - August 18: 9 a.m. - 5 p.m.

OU school code: 002307

Student employment contact: studentempl@oakland.edu

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A photo of the clock face of Elliott Tower with Oakland University's campus in the background.

Information for Additional Learning Opportunities

Considering summer classes or studying abroad or away? Maybe you want to enhance your professional or personal experience with a continuing education course, or need help re-entering the workforce after a job loss. Read on to learn about financial assistance that may be available for additional educational opportunities.

Continuing Education

Continuing education refers to additional formal learning activities generally not focused on a college degree outcome. These activities can be offered in an on-campus setting, online or through in-house custom programming, and allows you to refocus or advance your professional or educational careers.

A number of banks and lending institutions offer private loan funding to assist students with the cost of education. OU will certify a private loan from any private lender. Many private loan options are available and students can choose to apply for a private loan with any banking institution of their choice. Read more about federal and private loan options.

Private Aid Information

Helpful links
OU’s Professional and Continuing Education (PACE)

Study Abroad/Away

Choosing to study abroad is one of life’s most enriching experiences. The knowledge you gain will expand your horizons and lead to a culturally-rich education. An added bonus? You may be eligible for financial assistance to help pay for your experience.

To ensure full consideration for financial aid eligibility, you should complete a FAFSA for the academic year in which the study abroad program takes place. All students returning from a study abroad program are responsible for ensuring their coursework is graded no later than 60 days from the date the program ended. Failure to show graded work on the Oakland University transcript may result in cancellation of financial assistance disbursed for the study abroad program or delay disbursement of financial assistance for the term(s) following the program.

Students interested in participating in the study away program may also qualify for financial aid to help pay for your experience.

If you have questions, contact a financial aid adviser at (248) 370-2550 or come to North Foundation Hall, Room 120. We are available to help with all your study abroad and study away financial questions.

Fall and Winter Semester Study Abroad
A Financial Aid Study Abroad Acknowledgement and Cost Worksheet completed by the study abroad coordinator must be submitted to Student Financial Services.

Summer Semester Study Abroad
If you’re participating in a study abroad program during the summer semester, you must complete a Summer Financial Aid Request, preceding the summer study abroad program. You must also attach a Financial Aid Study Abroad Acknowledgement and Cost Worksheet completed by the study abroad coordinator to the summer financial aid request form and submit all documents together.

Note: Financial assistance may be processed for OU study abroad programs only. If you are enrolled in a study abroad program through another university/college, financial aid is not available through OU.

Summer Classes

Each summer OU offers more than 1,000 courses in the classroom, online and abroad to keep you advancing toward your degree, complete a required course or expand your knowledge with an elective — without the hustle and stress of typical semesters.

Your financial aid may be able to extend through the summer to help pay for your summer classes.

The most important thing you can do to secure summer aid is to complete a FAFSA. We must have a 2023-2024 FAFSA on file before June 30, 2024 or two weeks before your last summer 2024 session ends, whichever is earlier.

Eligibility

Most financial aid is awarded for the fall and winter semesters; aid for summer is limited and eligibility depends on what was received in the previous fall and winter. 

  • If you’re eligible to use an OU scholarship or grant, you’ll be notified via your OU email (including instructions on how to request your award).
  • If you’re eligible for the Pell Grant, you will automatically receive the award if you attend at least half-time (six or more credits). If you’re attending less than half-time in the summer, you can be awarded any amount remaining from your fall and/or winter Pell award. Pell Grants offered for the summer will be available to view on the Award Overview tab on MySAIL by March 1.
  • If you wish to receive a Federal Direct Subsidized and/or Unsubsidized Loan, you should review the enrollment status information below and if remaining loan eligibility exists, complete a Summer Financial Aid Request. If you are experiencing difficulty accessing the Summer Financial Aid Request form, please log out of all programs except your Oakland University email and try again. Please review the Maximum Loan Eligibility Chart before you complete your request.
  • If you meet the requirements for the Federal TEACH Grant and would like to be considered for summer financial aid, please complete a Summer Financial Aid Request.
  • Federal Direct Parent PLUS and Graduate PLUS loans, and private aid are additional non need-based resources which require a separate application. Learn more about federal student loans received for fall, winter and summer semesters, including annual and aggregate loan limits. 

Students must be admitted into an eligible degree program, post-master’s and certificate program, or a degree preparation program to be considered for financial aid. Endorsements, second majors, professional development, non-degree, continuing education, credit by exam (competency credit), audited courses, guest students, etc. do not qualify for federal aid but might qualify for private aid.

Enrollment Status Information

Full-time
Undergraduate*: 12+ credits
Graduate: 8+ credits

Three-quarter time
Undergraduate*: 9-11 credits
Graduate: 6-7 credits

Half-time
Undergraduate*: 6-8 credits
Graduate: 4-5 credits

Less than half-time**
Undergraduate*: 1-5 credits
Graduate: 1-3 credits

*Includes first and second undergraduate degrees, teacher certification and undergraduate/graduate non-degree preparatory course work.

**Limited financial aid available to students enrolled less than half-time as most financial aid requires full-time or half-time enrollment.