by our College Data Analytics TeamMany students are not billed 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 Gateway College can feel overwhelming, but bear in mind that many students receive some sort of financial aid.
What financial aid options can FGC offer, and what will you qualify for? Keep reading for more information. Keep going to learn what amount of financial assistance will be accessible to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Read on to get a sense of the financial assistance available at Florida Gateway College.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
At Florida Gateway College, 85% of the incoming full-time class was awarded financial aid (about 298 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 83% | $7,894 |
| Institutional grants & scholarships | 47% | $2,230 |
| Federal Pell grants | 57% | $7,169 |
| State/local grants | 44% | $3,045 |
| Federal student loans | 15% | $3,803 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. Here, approximately 54% of undergrads got grants or scholarships worth on average $7,016 (across roughly 1537 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 54% | $7,016 |
| Federal Pell grants | 40% | $6,241 |
| Federal student loans | 15% | $4,951 |
On-campus students receiving title-IV aid were awarded grants averaging $9,024.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $1,316 |
| $30,001 – $75,000 | $3,676 |
| Over $75,000 | $9,986 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
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 | $5,364 |
| Off-campus title-IV students | $2,915 |
To get a personalized net price estimate, try FGC’s net price tool: www.fgc.edu/florida-gateway-college/consumer-information/.
The median student at FGC graduates with $5,500 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $5,500 |
| Median federal debt (graduates only) | $6,992 |
| Typical 10-year monthly payment (graduates) | $74.13/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 FGC.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,485 |
| 25th percentile | $2,030 |
| 75th percentile | $5,500 |
| 90th percentile (highest-debt students) | $9,750 |
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 | $5,500 |
| Middle income | $5,694 |
| High income | $5,500 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $5,500 |
| Continuing-generation students | $5,500 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $6,600 |
These indicators are derived from the underlying debt data and summarize the overall picture at FGC.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The aggregate figures below show how active the program is at FGC:
| Metric | Value |
|---|---|
| Stafford loan recipients | 3737 |
| Total Stafford loan amount | $24,424,005 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 56 |
| Total GI Bill amount | $120,253 |
| Average GI Bill amount per recipient | $2,147 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 6 |
| Total DoD amount | $7,386 |
| Average DoD amount per recipient | $1,231 |
References
More about our data sources and methodologies.