Undergraduate Financial Aid by Type

The average amount of grants of scholarship aid is $12,840 and the average loan amount is $6,398. The average financial aid amount is 67.19% of tuition & fees (tuition & fees: $19,110).
Number Receiving AidPercent Receiving AidTotal Amount of Aid ReceivedAverage Amount of Aid Received
Grant or scholarship aid916 83%$11,761,210$12,840
Pell Grants727 66%$4,340,091$5,970
Federal Students Loans607 55%$3,883,473$6,398

Undergraduate Student Financial Aid Comparison Chart

First-time (full-time) Undergraduate Students Financial Aid

For the full-time, first-time undergraduate students (freshmen, in most cases), 380 students have received one or more types of financial aid at Florida Memorial University.
The average amount of federal, state, local or institutional grant aid is $13,702 and the average amount of student loans awarded to full-time first-time undergraduate students is $6,612.
The following table shows the financial data by type of aid at Florida Memorial University.

First-time Undergraduate Financial Aid by Type

Number Receiving AidPercent Receiving AidTotal Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid40491%--
Grant or scholarship aid380 85%$5,206,847$13,702
Federal Grants331 74%$2,337,663$7,062
Pell Grants330 74%$2,199,487$6,665
Other Federal Grants130 29%$138,176$1,063
State/Local Grants371 83%$2,255,562$6,080
Institutional Grants112 25%$613,622$5,479
Student Loans288 65%$1,904,351$6,612
Federal Student Loans279 63%$1,680,734$6,024
Other Student Loans39 9%$223,617$5,734