OBU is accredited by the Higher Learning Commission (HLC), which reviews colleges and universities every 10 years to ensure institutions meet the HLC's criteria for accreditation through a peer review process. OBU has been accredited since 1952 and received its last reaffirmation of accreditation in 2017-2018. OBU is scheduled to be reviewed for reaffirmation of accreditation during the 2027-2028 academic year.
The HLC's Board of Trustees adopted new Criteria for Accreditation, Assumed Practices, and Obligations of Affiliation in February 2012 that became effective on January 1, 2013. The five Criteria for Accreditation include
- Mission
- Integrity: Ethical and Responsible Conduct
- Teaching and Learning: Quality, Resources, and Support
- Teaching and Learning: Evaluation and Improvement
- Resources, Planning, and Institutional Effectiveness