OVERVIEW PROGRAMS AND TUITION ADMISSIONSFINANCIAL AID

Keiser University Financial Aid and Scholarships 2022

Initially, the university was a for-profit university, until Arthur Keiser sold the institute to Everglades College Inc. in 2011 and turned it into a non-profit entity in the process. Funnily enough, the latter is also a non-profit organization kick-started by Keiser himself.

Keiser University is also Florida’s third largest university; the urban university serves 20,000 approximate students, with over 21 camp

$5,348

Avg. Federal Grant

$11,366

Avg. Federal Loan

$107,439,045

Total Aid Awarded

College Search

Keiser University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

89%

Total Aid Amount Average Total Aid Awarded per year.

$107.439M

Financial Aid Official Website

www.keiseruniversity.edu/financial-services/

As many as 89% of the students at KUFL get some sort of financial aid, and the total amount of assistance/loans provided is more than $136,573,725 in a year. For additional information about financial assistance schemes, one can head over to KUFL’s financial aid page at http://www.keiseruniversity.edu/financial-services/. The total percentage of candidates applying to Keiser University-Ft Lauderdale who receive the Federal Grant is 63%. On the other hand, 84% of the candidates get the Student Grant, 65% receive the Institution Grant, and 63% get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,348, and the same stands at $3,364 for State Grant awardees and $3,554 for Institution Grant recipients. And, for the Pell Grant awardees, the average aid amount is $5,422. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Those with a family income below $30,000 per annum, would get an average federal aid of $4,735 in a year. For the $30,001-$48,000 and $48,001-$75,000 family income brackets, the average aid amount stands at $4,447 and $2,690, respectively. Meanwhile, the average federal aid for students in the $75,001-$110,000 income bracket is $1,488. And, for those with a family income of more than $110,000, the amount stands at $1,433. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At KUFL, an estimated number of 72% of the applicants choose to go for student loans.

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Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

63%

State Grant Aid

N/A

Institution Grant Aid

65%

Pell Grant

63%

Average Aid Awarded

Federal Grant Aid

$5,348

State Grant Aid

$3,364

Institution Grant Aid

$3,554

Pell Grant

$5,242

It’s necessary to know how many students receive certain aids because it gives you a good idea on what to expect from each type of aid you are looking through. Everyone knows that they are eligible for federal aid the moment they apply for the university, but the important point to bring up is how much and/or to whom is a certain aid given.

When it comes to grants, students get the opportunity to take up different grants; federal, institutional, or state grants.

Almost 63% of students receive an average of $5,348 in the form of Federal Grants.

63% of grant recipients receive the Pell Grant at an average of $5,242.

An average of $2,751 is what is awarded to students who are State Grant recipients.
The average Institutional Grant Aid average comes up to $3,554 among 65% of students who receive it.

With regards to loans, about 66% of students receive federal loans, with a median debt after graduation falling between $14,305 and $50,664, depending on the programs they have taken up. On a 10-year payment plan, an average graduated student pays about $148 to $526 per month.

Overall, it’s a good estimate that about 82% of students receive financial aid.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$6,238

$30,001 - $48,000

$6,228

$48,001 - $75,000

$3,591

$75,001 - $110,000

$1,873

Over $110,000

$1,439

This is in the form of federal aids depending on the income of the student or the student’s family. It’s segregated in 5 different income types to help determine the appropriate average amount of federal aid you may receive with respect to your family’s income. Since the average family income falls below $48,000, it’s safe to say that a high number of students receive financial aid in this form. Families that earn less than $75,000 may receive between $6,238, $6,228 and $3,591 (which is factored so based on those income segregations). Those that earn more than $75,000 will receive either $1,873 or $1,439.

Student Loans for Keiser University

Average Loan Amount Average Loan Amount received per year.

$13,577/Year

Students Taking Out Loans

72%

Loan Default Rate

6.4%

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Keiser University Financial Aid and Scholarships

Financial Aid Breakdown

Federal Aid based on Family Income

Student Loans for Keiser University

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