by our College Data Analytics TeamMany students attending Florida Memorial University can expect to receive financial assistance in various forms, such as scholarships, grants, loans, and work-study programs, making the cost of attendance more manageable.
The amount of financial assistance and scholarships or grants you can get varies based on your circumstances. Keep reading to learn more to help you to know just how much aid and scholarships to expect from Florida Memorial University.
$12,892.00 is the typical Florida Memorial University’s first year financial aid package. 95% of reshman students get financial aid, most of which is in the form of grants and scholarships
Student loans come included in financial aid packages, however, the only true discount off of the price of college is a grant or scholarship that you do not need to pay back.
A college loan is not a true college discount, but rather an outcome to consider. Find out how much student loan debt from Florida Memorial University you may end up taking on.
As well as scholarships, 71% of freshmen (225 total) received a federal grant, for about $5,275.00 a person.
These grants and scholarships are made up of mainly federal grants, plus some state and local awards.
71% of freshmen at Florida Memorial University (225 total) received a federal grant, averaging $5,275.00.
The next table demonstrates grant and scholarship distributions by income level for freshmen getting any form of federally-funded Title IV aid, which includes Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 48.90% | $10,515.00 |
| Income 30k-48k | 14.51% | $9,100.00 |
| Income 48k-75k | 8.20% | $6,148.00 |
| Income 75k-110k | 7.26% | $3,250.00 |
| Income 110k + | 1.89% | $2,833.00 |
The table above shows students who are obtaining Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more here.
298 Florida Memorial University undergrads obtain grant aid (this is about 95% of the entire undergraduate student population). The average amount these students receive is $12,892.00.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
More about our data sources and methodologies.
