by our College Data Analytics TeamA lot of students will never be charged the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The price tag of going to Florida Academy can appear overpowering, but remember that the majority of students obtain some kind of financial assistance.
Just what financial aid solutions can Florida Academy provide, and just what are you going to be eligible for? Keep reading for answers. Scroll down to discover just how much financial aid could be open to you.
How much aid you qualify for depends largely on your family’s financial circumstances. Read on to get a sense of the financial assistance available at Florida Academy.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. However, some types of aid are more desirable than others, and some students will receive more than others.
Looking at the entering class at Florida Academy, 76% of new full-time first-years were awarded at least some aid around 157 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 24% | $4,024 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 22% | $3,887 |
| State/local grants | 2% | $5,569 |
| Federal student loans | 10% | $4,596 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. Across the undergraduate body at Florida Academy, some 19% of undergraduates were awarded an average grant or scholarship of $5,345 (among about 157 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 19% | $5,345 |
| Federal Pell grants | 5% | $3,894 |
| Federal student loans | 7% | $4,039 |
For students living on campus and receiving title-IV aid, grants averaged $3,867.
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $11,998 |
| $30,001 – $75,000 | $13,277 |
| Over $75,000 | $16,095 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $15,192 |
| Off-campus title-IV students | $13,236 |
For a personalized estimate based on your family’s financial situation, use Florida Academy’s official net price calculator: florida-academy.edu/financial-aid/net-price-calculator/.
The median federal debt load at Florida Academy comes to $6,333 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $6,333 |
| Median federal debt (graduates only) | $6,333 |
| Typical 10-year monthly payment (graduates) | $67.14/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The four reference points below map the debt distribution at Florida Academy.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,666 |
| 25th percentile | $5,121 |
| 75th percentile | $9,500 |
| 90th percentile (highest-debt students) | $9,500 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $6,333 |
| Middle income | $6,333 |
| High income | $3,666 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,333 |
| Continuing-generation students | $4,750 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $3,666 |
| Independent students | $6,333 |
These indicators are derived from the underlying debt data and summarize the overall picture at Florida Academy.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The annual Stafford volume below reflects program activity at Florida Academy:
| Metric | Value |
|---|---|
| Stafford loan recipients | 1655 |
| Total Stafford loan amount | $9,693,030 |
If you are a veteran or active-duty service member, the GI Bill and DoD Tuition Assistance are the primary federal programs you can use at this school.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 17 |
| Total GI Bill amount | $204,684 |
| Average GI Bill amount per recipient | $12,040 |
References
More about our data sources and methodologies.