by our College Data Analytics TeamMost students will not be asked to pay 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 total price of attendance at Florida SouthWestern State College can feel overpowering, but remember that the majority of students receive some sort of financial assistance.
What financial assistance options will FSW offer you, and what will you qualify for? Read on for more information. Scroll down to learn what amount of financial assistance will be accessible to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. Continue reading to find information to help you understand just how much assistance you can expect to receive from Florida SouthWestern State College.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
At Florida SouthWestern State College, 83% of entering full-time freshmen got some type of financial assistance some 1478 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 80% | $5,938 |
| Institutional grants & scholarships | 57% | $1,162 |
| Federal Pell grants | 57% | $5,819 |
| State/local grants | 36% | $2,009 |
| Federal student loans | 12% | $2,979 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. At this school, approximately 62% of undergraduates were awarded an average grant or scholarship of $3,587 (for some 8648 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 62% | $3,587 |
| Federal Pell grants | 35% | $4,571 |
| Federal student loans | 11% | $3,512 |
On-campus students receiving title-IV aid were awarded grants averaging $7,007.
Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $7,251 |
| $30,001 – $75,000 | $8,683 |
| Over $75,000 | $13,618 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $7,247 |
| Off-campus title-IV students | $8,249 |
For an estimate tailored to your family circumstances, see FSW’s net price calculator: www.fsw.edu/financialaid/netprice.
Graduating students at FSW carry a median federal student debt of $5,000 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $5,000 |
| Median federal debt (graduates only) | $8,000 |
| Typical 10-year monthly payment (graduates) | $84.81/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The figures below chart the debt distribution at FSW.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,750 |
| 25th percentile | $2,500 |
| 75th percentile | $9,164 |
| 90th percentile (highest-debt students) | $17,441 |
Median debt varies by family income, by first-generation status, and by dependency status.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $5,250 |
| Middle income | $4,971 |
| High income | $4,500 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $4,813 |
| Continuing-generation students | $5,250 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $4,379 |
| Independent students | $6,750 |
These indicators are derived from the underlying debt data and summarize the overall picture at FSW.
The Stafford program is the federal direct-loan vehicle most undergraduates use. Below is the annual Stafford program activity at FSW:
| Metric | Value |
|---|---|
| Stafford loan recipients | 23266 |
| Total Stafford loan amount | $200,040,353 |
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 | 203 |
| Total GI Bill amount | $435,392 |
| Average GI Bill amount per recipient | $2,145 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 58 |
| Total DoD amount | $119,425 |
| Average DoD amount per recipient | $2,059 |
References
More about our data sources and methodologies.