Florida International University (FIU) Financial Aid and Scholarships
Students Receiving Aid
72%
Total Aid Amount
$200.374M
Financial Aid Official Website
onestop.fiu.edu/
It is interesting to note that, every year, around 90% of students at FIU receive some kind of financial aid, while the total amount of assistance/loans provided is $103,150,448. For additional information about financial assistance schemes, one can head over to FIU’s financial aid page at http://onestop.fiu.edu/. At FIU, the total percentage of applicants who receive the Federal Grant stands at 48%. In comparison, 88% of the students are awarded the Student Grant, 63% get the Institution Grant, and 47% of the applicants receive the Pell Grant. While the Federal Grant awardees receive an average aid of $5,316, the State Grant receivers and Institution Grant beneficiaries get $5,702 and $3,485, respectively. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,626. 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. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. However, student loans attract a certain rate of interest at which the funds are borrowed. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At FIU, an estimated number of 19% of the applicants choose to go for student loans.
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