$5,844

Avg. Federal Grant

$6,372

Avg. Federal Loan

$17,214,314

Total Aid Awarded

University of South Florida-St Petersburg Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

57%

Total Aid Amount Average Total Aid Awarded per year.

$17.214M

Financial Aid Official Website

www.usfsp.edu/financial-aid/

It is interesting to note that, every year, around 85% of students at USFSP receive some kind of financial aid, while the total amount of assistance/loans provided is $11,947,839. The total percentage of candidates applying to University of South Florida-St Petersburg who receive the Federal Grant is 35%. In comparison, 76% of the students are awarded the Student Grant, 58% get the Institution Grant, and 35% of the applicants receive the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,589, while the same comes to $5,394 for State Grant receivers and $3,134 for Institution Grant awardees. And, for the Pell Grant awardees, the average aid amount is $4,987. 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 35% of the applicants to University of South Florida-St Petersburg opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

43%

State Grant Aid

62%

Institution Grant Aid

52%

Pell Grant

43%

Average Aid Awarded

Federal Grant Aid

$5,844

State Grant Aid

$3,702

Institution Grant Aid

$2,771

Pell Grant

$5,652

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$11,957

$30,001 - $48,000

$9,975

$48,001 - $75,000

$7,061

$75,001 - $110,000

$2,962

Over $110,000

$1,772

Student Loans for University of South Florida-St Petersburg

Average Loan Amount Average Loan Amount received per year.

$7,134/Year

Students Taking Out Loans

44%

Loan Default Rate

N/A

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