$5,013

Avg. Federal Grant

$7,088

Avg. Federal Loan

$44,414,843

Total Aid Awarded

Florida Gulf Coast University (FGCU) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

51%

Total Aid Amount Average Total Aid Awarded per year.

$44.415M

Financial Aid Official Website

www.fgcu.edu/AS/FinancialAid/

Such schemes include Chip Johnson Scholarship, D & A Florida Scholarship, Doctors Ira & Udaya Dash Nursing Scholarship, and FFGC Scholarship for High School Students. As many as 77% of the students at FGCU get some sort of financial aid, and the total amount of assistance/loans provided is more than $42,444,037 in a year. One can visit FGCU's financial aid page at http://www.fgcu.edu/AS/FinancialAid/ for more information. At FGCU, the total percentage of applicants who receive the Federal Grant stands at 32%. Meanwhile, 77% of the applicants receive the Student Grant and 47% are awarded the Institution Grant, while 32% of the students get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,149, while the same comes to $4,182 for State Grant receivers and $2,138 for Institution Grant awardees. On the other hand, the average aid received by the Pell Grant awardees is $4,759. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. 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. Candidates are also required to repay these loans within a given period. Every year, around 37% of the applicants to Florida Gulf Coast University opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

32%

State Grant Aid

42%

Institution Grant Aid

39%

Pell Grant

32%

Average Aid Awarded

Federal Grant Aid

$5,013

State Grant Aid

$3,333

Institution Grant Aid

$2,748

Pell Grant

$4,889

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$9,690

$30,001 - $48,000

$8,105

$48,001 - $75,000

$5,513

$75,001 - $110,000

$1,742

Over $110,000

$1,005

Student Loans for Florida Gulf Coast University (FGCU)

Average Loan Amount Average Loan Amount received per year.

$8,320/Year

Students Taking Out Loans

40%

Loan Default Rate

3.9%

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