$4,612

Avg. Federal Grant

$2,639

Avg. Federal Loan

$10,131,824

Total Aid Awarded

Florida Polytechnic University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

90%

Total Aid Amount Average Total Aid Awarded per year.

$10.132M

Financial Aid Official Website

floridapolytechnic.org/admissions/tuitionfinancial-aid/

Among them are scholarship programs such as Florida Polytechnic University Bright Futures Scholarships and Florida Polytechnic University Incentive Scholarship Program. As many as 99% of the students at FPU get some sort of financial aid, and the total amount of assistance/loans provided is more than $1,749,287 in a year. The total percentage of candidates applying to Florida Polytechnic University who receive the Federal Grant is 30%. In comparison, 95% of the students are awarded the Student Grant, 94% get the Institution Grant, and 30% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,514, and the same stands at $4,167 for State Grant awardees and $3,740 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,863. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. Every year, around 29% of the applicants to Florida Polytechnic University opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

31%

State Grant Aid

78%

Institution Grant Aid

100%

Pell Grant

31%

Average Aid Awarded

Federal Grant Aid

$4,612

State Grant Aid

$3,837

Institution Grant Aid

$4,486

Pell Grant

$4,612

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$9,241

$30,001 - $48,000

$8,632

$48,001 - $75,000

$4,127

$75,001 - $110,000

$2,221

Over $110,000

$2,805

Student Loans for Florida Polytechnic University

Average Loan Amount Average Loan Amount received per year.

$2,672/Year

Students Taking Out Loans

35%

Loan Default Rate

N/A

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