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Can You Afford to Attend Florida Memorial University?

Here is what you can expect to pay at Florida Memorial University, from sticker cost of attendance and projected degree cost to net price, debt at graduation, and aid breakdowns.

$31,940.00 Cost of Attendance
$23,238.00 Avg Net Price
$16,475.00 Median Grad Debt

Want a specific number? Skip ahead to any section using the links below:

What You Will Pay to Attend Florida Memorial University?

The cost of attendance at Florida Memorial University amounts to about $31,940.00 a year.

The blocks below show what you would pay with no aid, with average aid, and as a low-income student.

Published Cost for Students (no aid)

Tuition and fees $20,174.00
+ Room, board & other expenses $11,766.00
Total cost $31,940.00
That is 3% below the national average net price.

Average Net Price for Students (with average aid)

Total cost $31,940.00
− Grants and scholarships −$12,571.00
Net price $19,369.00
That is 41% below the national average net price.

Average Net Price for Low-Income Undergraduates

Total cost $31,940.00
− Grants and scholarships −$13,927.00
Net price $18,013.00
That is 45% below the national average net price.
For the full breakdown, see the tuition & fees page and living costs.

The Long-Run Cost of a Degree at Florida Memorial University

Published costs have climbed year over year at a recent average of 6.4% per year; the projections below compound that across a degree. The detailed projections below compare a degree for a low-income aided student, an average-aid student, and a no-aid student. Loan totals assume a ten-year repayment at 6.8%.

Projected 4-year net costs Low Income w/ Aid w/ Average Aid No Aid
Annual growth rate 6.4% 6.4% 6.4%
Freshman year $19,158.00 $20,601.00 $33,971.00
Senior year $23,050.00 $24,785.00 $40,871.00
Total 4-year net price $84,257.00 $90,599.00 $149,401.00
10-year loan interest @ 6.8% $32,099.00 $34,515.00 $56,916.00
Total monthly payment $970.00 $1,043.00 $1,719.00
Total amount paid $116,355.00 $125,114.00 $206,317.00
Projected 2-year net costs Low Income w/ Aid w/ Average Aid No Aid
Annual growth rate 6.4% 6.4% 6.4%
Freshman year $19,158.00 $20,601.00 $33,971.00
Senior year $20,376.00 $21,910.00 $36,131.00
Total 2-year net price $39,535.00 $42,511.00 $70,102.00
10-year loan interest @ 6.8% $15,061.00 $16,195.00 $26,706.00
Total monthly payment $455.00 $489.00 $807.00
Total amount paid $54,596.00 $58,706.00 $96,808.00

See the full net-price breakdown in the Net Price section.

After-Aid Net Price at Florida Memorial University

Net price is what students actually pay after grants and scholarships are subtracted from the published sticker price. For most prospective students, net price gives a more realistic estimate than sticker tuition.

Average net price (on-campus) $23,238.00
Average net price (off-campus) $18,749.00

Net price is far from uniform: lower-income families typically pay much less after aid. The table below shows the average net price by family-income bracket:

Family income Average net price
Under $30,000 $17,963.00
$30,000 to $48,000 $18,120.00
$48,001 to $75,000 $20,200.00
$75,001 to $110,000 $21,406.00
Over $110,000 $27,605.00

Get a tailored estimate from the Florida Memorial University Net Price Calculator, or reach out to the financial aid office.

Want to know how that aid is awarded? See the grants & scholarships detail.

Debt at Graduation from Florida Memorial University

The median graduating debt at Florida Memorial University amounts to $16,475.00, landing it in the Low ($10-20k) debt-load classification.

The percentile breakdown reveals the full debt landscape:

Percentile Debt at graduation
10th $4,750.00
25th $6,625.00
Median (50th) $16,475.00
75th $37,424.00
90th $50,500.00

The distance from the 10th to the 90th percentile shows how widely debt outcomes vary.

Dig deeper into debt on the student loan debt detail.

Debt Outcomes by Family Income at Florida Memorial University

Family income tracks closely with debt at graduation. The figures below split graduating borrowers into three income brackets:

Family income Median debt at graduation
Low income $18,500.00
Middle income $12,625.00
High income $17,250.00

Low-income borrowers graduate with $1,250.00 more than graduates from high-income families.

Debt by First-Generation Status at Florida Memorial University

First-generation students frequently graduate with different debt than continuing-generation students.

Student group Median debt at graduation
First-generation students $16,700.00
Continuing-generation students $13,500.00

First-generation graduates of Florida Memorial University leave with $3,200.00 more debt than continuing-generation students.

Debt and Pell Grant Eligibility at Florida Memorial University

Pell Grants are the largest source of federal need-based aid for undergrads. Contrasting Pell and non-Pell borrowers shows how need shapes debt.

The median debt gap between Pell and non-Pell graduates of Florida Memorial University comes to $4,432.00. The Department of Education flags this school for a Pell-debt-inequity pattern.

Loan Repayment and Default at Florida Memorial University

The Department of Education default-rate tier for Florida Memorial University is Low (<5%).

Window Cohort default rate
2-year 19.9%

For context on the loan portfolio, Stafford disbursements at Florida Memorial University amount to $349,184,624.00 distributed across 12,993 borrowers.

Military and Veteran Aid at Florida Memorial University

Veteran and active-military students often access dedicated federal aid programs including the Post-9/11 GI Bill and Department of Defense Tuition Assistance.

GI Bill recipients 42
Avg GI Bill amount $5,276.00

Dig into veteran education benefits on the veterans benefits detail.

Questions Worth Asking

Use the figures above as a launch point, then think through Florida Memorial University, a few questions are worth asking:

For a closer look at any of these topics, follow the links below:

Data sources. Figures on this page draw from the U.S. Department of Education College Scorecard, the Integrated Postsecondary Education Data System (IPEDS), and MediaFactual editorial review. Net-price calculator and financial-aid office links are taken from the institution’s own published data.

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