If you are enrolled in at least 6 credit hours in one 7-week session, your aid will be disbursed beginning with the second week of a 7-week online session. Once your financial aid funds are disbursed into your account and the financial aid that was disbursed is greater than your direct cost (tuition, fees, etc.), the Students Accounts office will make arrangements to issue you a refund for the excess aid received. If you need to purchase books before your refund, you can contact the Student Account office at 1-918-495-6370 and ask to speak to the distance learning rep. Students who are enrolled in less than 6 credits for one 7-week session, but are in a minimum of 6 credits for both session in one term (A and B sessions) will not be eligible to receive a refund check until the B session. If this applies to you, speak to the Student Account representative so you can purchase books for Session A.
All students enrolled at least half-time will be budgeted for actual cost of tuition, fees, and books. Federal Pell Grant and Direct Stafford student loans are the main sources of federal aid available to our undergraduate distance learning students (Direct PLUS student loans for dependent students and/or Private (Alternate) student loans are also available if additional funding is needed). Your Financial Aid package is based on the results of your FAFSA. Other factors; such as, annual loan limits (based on grade level), aggregate loan limits, student’s budget, and/or resources such as Vocational Rehab payments have the potential to affect the amount of aid you are eligible to receive.
Each student is allowed to have a one-time $2400 computer cost added to their regular budget while enrolled in the Distance Learning degree program. If a student chooses to be budgeted for a computer, the $2400 will be added to their financial aid budget. This has the potential to increase the amount of financial aid a student can be awarded. Once the financial aid is disbursed into the student’s account and a refund is issued, the student can use their refund to purchase a new or used computer. ORU bookstore carries ACER laptops and are available for purchasing. Computer companies; such as, Dell and Apple have discount programs for college students. Also, Microsoft offers student discounts on many of their software programs (i.e. Windows 7, Office 2010, etc.).
The per credit hour cost is $349 for the 2014-2015 academic year. Most classes are 3 credit hours. Financial Aid is available to those enrolled in at least six credit hours per semester. Tuition is based on a full-time course load. A full-time course load consists of taking 6 credit hours each 7 week term during the fall and spring semesters. There are two terms each semester (Term A and Term B).
Cost of education for full-time enrollment (6 hours per term; 12 hours per semester):
PER TERM PER SEMESTER PER YEAR