$3,933

Avg. Federal Grant

$5,038

Avg. Federal Loan

$5,015,325

Total Aid Awarded

Florida College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

95%

Total Aid Amount Average Total Aid Awarded per year.

$5.015M

Financial Aid Official Website

www.floridacollege.edu/

As many as 99% of the students at FC get some sort of financial aid, and the total amount of assistance/loans provided is more than $1,824,465 in a year. For additional information about financial assistance schemes, one can head over to FC’s financial aid page at http://www.floridacollege.edu/. The total percentage of candidates applying to Florida College who receive the Federal Grant is 33%. On the other hand, 94% of the candidates get the Student Grant, 88% receive the Institution Grant, and 33% get the Pell Grant. While the Federal Grant awardees receive an average aid of $4,633, the State Grant receivers and Institution Grant beneficiaries get $5,232 and $6,379, respectively. And, for the Pell Grant awardees, the average aid amount is $4,402. Among other things, the annual family income of the applicant plays a major role in determining the total financial aid they are actually eligible to receive. Those with a family income below $30,000 per annum, would get an average federal aid of $12,444 in a year. The average aid amount stands at $10,959 for an annual family income between $30,001 and $48,000. This amount comes to $9,101 for those who fall under the $48,001-$75,000 family income bracket. On the other hand, the average federal aid stands at $3,675 for those with an annual family income between $75,001 and $110,000, and at $5,169 for an income more than $110,000. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. However, student loans attract a certain rate of interest at which the funds are borrowed. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At Florida College, the percentage of candidates who opt to avail of student loans is around 68%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

37%

State Grant Aid

44%

Institution Grant Aid

88%

Pell Grant

37%

Average Aid Awarded

Federal Grant Aid

$3,933

State Grant Aid

$4,475

Institution Grant Aid

$5,401

Pell Grant

$3,839

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$13,083

$30,001 - $48,000

$10,453

$48,001 - $75,000

$10,381

$75,001 - $110,000

$6,608

Over $110,000

$5,959

Student Loans for Florida College

Average Loan Amount Average Loan Amount received per year.

$5,548/Year

Students Taking Out Loans

66%

Loan Default Rate

2.3%

Other Colleges In Florida

Located in Winter Park, FL, Rollins College is a private university. The university covers an area of 80 acres. It was in 1885 when the Rollins College was founded. Keeping the pursuit of research, innovation, and excellence at the center, Rollins College has been imparting quality education to its

Winter Park, Florida 4 years Private Not-For-Profit

Flagler College-St Augustine, which is located in St. Augustine, FL is a private university. Flagler College-St Augustine occupies a total area of about 19 acres. The foundation of Flagler College-St Augustine was laid down in the year 1968. Crimson and gold are the official colors of the Flagler

Saint Augustine, Florida 4 years Private Not-For-Profit

FAU has a current student population of 29,772 with a student-faculty ratio of 21:1. Diversity is one of the USP of the university. More than half of their students are classified as minority or international, making FAU the most diverse public university in Flor

Boca Raton, Florida 4 years Public

Other Private not-for-profit Colleges

#N/A

Mount Olive, North Carolina 4 years Private Not-For-Profit

#N/A

Miami Gardens, Florida 4 years Private Not-For-Profit

Independence University is a private university located in Salt Lake City, UT. The Independence University is part of the Center for Excellence in Higher Education group. It was in 1978 when the Independence University was founded. The motto of the Independence University is Education Online for a B

Salt Lake City, Utah 4 years Private Not-For-Profit