by our College Data Analytics TeamA lot of students will never be charged 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 sum total of attendance at State College of Florida-Manatee-Sarasota can sound tremendous, but do not forget that almost all students get some type of financial help.
Just what financial assistance solutions will State College of Florida - Manatee - Sarasota deliver, and just what are you going to be eligible for? Read on for answers. Read on to discover how much school funding could be available to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. Continue reading to find information to help you understand just how much assistance you can expect to receive from State College of Florida-Manatee-Sarasota.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
Looking at the entering class at State College of Florida-Manatee-Sarasota, 67% of first-year full-time students received aid of some kind approximately 885 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 61% | $6,668 |
| Institutional grants & scholarships | 19% | $2,816 |
| Federal Pell grants | 48% | $6,243 |
| State/local grants | 21% | $2,250 |
| Federal student loans | 7% | $4,726 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At this school, around 43% of undergraduates were awarded grant or scholarship aid averaging $6,277 (for some 3581 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 43% | $6,277 |
| Federal Pell grants | 33% | $5,991 |
| Federal student loans | 8% | $5,597 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $6,353.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $21,327 |
| $30,001 – $75,000 | $26,279 |
| Over $75,000 | $24,481 |
Each figure is the net price after grants and scholarships, not the published sticker price.
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 | $22,356 |
| Off-campus title-IV students | $21,809 |
For a personalized estimate based on your family’s financial situation, use State College of Florida - Manatee - Sarasota’s net price calculator: www.scf.edu/wp-content/npc.html.
The middle student in the debt distribution at State College of Florida - Manatee - Sarasota owes $5,720 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $5,720 |
| Median federal debt (graduates only) | $9,000 |
| Typical 10-year monthly payment (graduates) | $95.41/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
Looking only at the median can be misleading because it hides the spread. Use the percentiles below to see the debt range at State College of Florida - Manatee - Sarasota.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,750 |
| 25th percentile | $2,861 |
| 75th percentile | $11,500 |
| 90th percentile (highest-debt students) | $23,800 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $6,750 |
| Middle income | $5,500 |
| High income | $5,500 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $5,946 |
| Continuing-generation students | $5,500 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,250 |
| Independent students | $8,000 |
These indicators are derived from the underlying debt data and summarize the overall picture at State College of Florida - Manatee - Sarasota.
Stafford loans make up the bulk of federal direct lending to undergraduates. The annual Stafford volume below reflects program activity at State College of Florida - Manatee - Sarasota:
| Metric | Value |
|---|---|
| Stafford loan recipients | 20908 |
| Total Stafford loan amount | $304,388,941 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 155 |
| Total GI Bill amount | $298,744 |
| Average GI Bill amount per recipient | $1,927 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 6 |
| Total DoD amount | $4,172 |
| Average DoD amount per recipient | $695 |
References
More about our data sources and methodologies.