$5,773

Avg. Federal Grant

$8,533

Avg. Federal Loan

$1,761,270

Total Aid Awarded

Sunstate Academy Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

68%

Total Aid Amount Average Total Aid Awarded per year.

$1.761M

Financial Aid Official Website

www.sunstate.edu/admissions/financial-aid/

Such schemes include FFGC Scholarship for High School Students, Florida Bright Futures Scholarship Program, Florida Engineering Foundation Scholarship, and Scholarships for Children and Spouses of Deceased or Disabled Veterans. Notably, 79% of the students at Sunstate Academy get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $1,989,685. One can visit SA's financial aid page at http://www.jtech.org/paying-for-school/ for more information. The total percentage of candidates applying to Sunstate Academy who receive the Federal Grant is 49%. In comparison, 53% of the students are awarded the Student Grant, 53% get the Institution Grant, and 49% of the applicants receive the Pell Grant. On the other hand, the average aid received by the Pell Grant awardees is $4,385. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Those with a family income below $30,000 per annum, would get an average federal aid of $4,779 in a year. Candidates who come under the $30,001-$48,000 family income bracket receive an average aid of $5,167, while those falling in the $48,001-$75,000 income category get $142 a year. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for 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. Every year, around 79% of the applicants to Sunstate Academy opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

84%

State Grant Aid

N/A

Institution Grant Aid

84%

Pell Grant

84%

Average Aid Awarded

Federal Grant Aid

$5,773

State Grant Aid

N/A

Institution Grant Aid

$163

Pell Grant

$5,641

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$6,348

$30,001 - $48,000

N/A

$48,001 - $75,000

N/A

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for Sunstate Academy

Average Loan Amount Average Loan Amount received per year.

$8,533/Year

Students Taking Out Loans

84%

Loan Default Rate

5.5%

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