Two students wearing Oakwood University sweatshirts walk down a sidewalk outside. They look at each other and seem to be engaged in conversation

UNCF-Member Institution

Oakwood University

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UNCF’s holistic, powerful study, “Transforming Futures: The Economic Engine of HBCUs,” reaffirms the significant economic contributions of Oakwood University. Through the production and consumption of various goods and services by Oakwood University’s faculty, employees and students, this institution acts as a catalyst for economic growth locally and regionally. This dynamic creates a ripple effect, leading to increased employment opportunities, heightened economic expansion and a more dynamic community environment.

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Founded in 1896 in Huntsville, Alabama, Oakwood University (OU) is distinguished as the sole HBCU owned and operated by the Seventh-day Adventist Church. OU offers a diverse array of degree programs, featuring prominent ones in liberal arts and humanities, biology, organizational behavior studies, and licensed practical nurse training.

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  • $92.6M
    Total Economic Impact
  • 839
    Jobs
  • $822.6M
    Total Lifetime Earnings of 2021 Graduates