by our College Data Analytics TeamA large number of students are not billed the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total cost of going to FVI School of Nursing and Technology can seem overwhelming, but bear in mind that many students are given some form of financial aid.
Just what financial aid solutions can Florida Vocational Institute provide, and just what are you going to be eligible for? Keep reading for answers. Keep going to find out just how much financial aid will be open to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. Use the information below to understand how much financial assistance you may get from FVI School of Nursing and Technology.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
For incoming first-year students at FVI School of Nursing and Technology, 85% of first-time, full-time freshmen received some form of financial aid (about 1311 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 74% | $4,967 |
| Institutional grants & scholarships | 4% | $1,517 |
| Federal Pell grants | 74% | $4,849 |
| State/local grants | 0% | $1,714 |
| Federal student loans | 79% | $6,870 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. Here, approximately 65% of the undergraduate population received grant aid that averaged $4,885 (across roughly 1296 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 65% | $4,885 |
| Federal Pell grants | 63% | $4,964 |
| Federal student loans | 67% | $7,197 |
For on-campus title-IV students, average grant aid came to $4,656.
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 | $26,802 |
| $30,001 – $75,000 | $27,570 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
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 | $35,514 |
| Off-campus title-IV students | $35,696 |
For a customized cost estimate, visit Florida Vocational Institute’s net price calculator: www.fvi.edu/net-price-calculator/.
The median student at Florida Vocational Institute graduates with $9,294 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,294 |
| Median federal debt (graduates only) | $9,396 |
| Typical 10-year monthly payment (graduates) | $99.61/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
The numbers below show the full range, not just the middle of the distribution. These percentiles trace how cumulative federal debt is spread among borrowers at Florida Vocational Institute.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,167 |
| 25th percentile | $5,421 |
| 75th percentile | $8,963 |
| 90th percentile (highest-debt students) | $9,245 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $9,294 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,294 |
| Continuing-generation students | $9,294 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $9,446 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Florida Vocational Institute.
Stafford loans make up the bulk of federal direct lending to undergraduates. Below is the annual Stafford program activity at Florida Vocational Institute:
| Metric | Value |
|---|---|
| Stafford loan recipients | 3002 |
| Total Stafford loan amount | $23,168,957 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 5 |
| Total GI Bill amount | $103,262 |
| Average GI Bill amount per recipient | $20,652 |
References
More about our data sources and methodologies.