$5,135

Avg. Federal Grant

$11,691

Avg. Federal Loan

$23,068,632

Total Aid Awarded

Florida National University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

85%

Total Aid Amount Average Total Aid Awarded per year.

$23.069M

Financial Aid Official Website

www.fnu.edu/current-students/financial-aid/

Notably, 95% of the students at Florida National University-Main Campus get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $31,570,503. At FNUMC, the total percentage of applicants who receive the Federal Grant stands at 87%. In comparison, 87% of the students are awarded the Student Grant, 39% get the Institution Grant, and 87% of the applicants receive the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,990, while the same comes to $1,066 for State Grant receivers and $3,600 for Institution Grant awardees. On the other hand, the average aid received by the Pell Grant awardees is $5,361. 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. 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. At Florida National University-Main Campus, the percentage of candidates who opt to avail of student loans is around 76%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

87%

State Grant Aid

39%

Institution Grant Aid

35%

Pell Grant

87%

Average Aid Awarded

Federal Grant Aid

$5,135

State Grant Aid

$1,097

Institution Grant Aid

$3,336

Pell Grant

$5,042

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$6,756

$30,001 - $48,000

$6,734

$48,001 - $75,000

$5,504

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for Florida National University

Average Loan Amount Average Loan Amount received per year.

$12,449/Year

Students Taking Out Loans

75%

Loan Default Rate

7.1%

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