$5,082

Avg. Federal Grant

$5,303

Avg. Federal Loan

$9,500,467

Total Aid Awarded

University of Florida-Online Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

56%

Total Aid Amount Average Total Aid Awarded per year.

$9.500M

Financial Aid Official Website

www.sfa.ufl.edu

Notably, 90% of the students at University of Florida-Online get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $5,531,311. For additional information about financial assistance schemes, one can head over to UFO’s financial aid page at http://www.sfa.ufl.edu. The total percentage of candidates applying to University of Florida-Online who receive the Federal Grant is 23%. Meanwhile, 86% of the applicants receive the Student Grant and 11% are awarded the Institution Grant, while 23% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,354, and the same stands at $6,337 for State Grant awardees and $2,014 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $4,230. 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. Candidates are also required to repay these loans within a given period. Every year, around 16% of the applicants to University of Florida-Online opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

26%

State Grant Aid

78%

Institution Grant Aid

24%

Pell Grant

26%

Average Aid Awarded

Federal Grant Aid

$5,082

State Grant Aid

$5,202

Institution Grant Aid

$1,905

Pell Grant

$4,851

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$12,979

$30,001 - $48,000

$14,168

$48,001 - $75,000

$11,420

$75,001 - $110,000

$10,453

Over $110,000

$4,275

Student Loans for University of Florida-Online

Average Loan Amount Average Loan Amount received per year.

$6,057/Year

Students Taking Out Loans

18%

Loan Default Rate

N/A

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