It is important that Oakton students be awarded fairly and equitably. The following procedures help ensure that funds are distributed to all types and categories of students (i.e.; independent/dependent, male/female, full-time/part-time enrollment) based on need, while taking into account that campus-based funds (FSEOG, FWS) are limited. Students who complete their financial aid documentation requirements on or before May 1 will receive first consideration for campus-based funding.
All students must complete a Free Application for Federal Student Aid (FAFSA) and submit necessary verification paperwork before financial assistance is awarded. Students must meet all general eligibility requirements and be in compliance with the academic progress requirements for financial aid recipients (PDF) (58 KB).
Students who start in the second semester will be considered for campus-based funds, if funds are still available. Awards may be provided after the beginning of the term if funds become available due to transfers, attrition, enrollment, and/or compliance with academic progress requirements.
Some Oakton majors in our credit program do not meet the U.S. Department of Education financial aid eligibility guidelines. The list of ineligible majors can be found on the General Eligibility page.
Private loans are non-federal educational loans. These loans are typically offered by private lenders (educational financing institutions, guarantee agencies, banks) to assist with educational and living expenses not covered by other financial aid. Interest rates, terms, and conditions are set by the bank/lender. Before considering a private loan, make sure you have taken advantage of all other financial aid resources available to you. Oakton College does not have a preferred lender list for private loans.
Student Financial Assistance Information 2024-25 (PDF) (1 MB)
Student Financial Assistance Information 2023-24 (PDF) (1 MB)
*This is a copy of the document that is included with your Financial Assistance Decision and Notification letter.