Florida Gulf Coast University (FGCU) Financial Aid and Scholarships
Students Receiving Aid
51%
Total Aid Amount
$44.415M
Financial Aid Official Website
www.fgcu.edu/AS/FinancialAid/
Such schemes include Chip Johnson Scholarship, D & A Florida Scholarship, Doctors Ira & Udaya Dash Nursing Scholarship, and FFGC Scholarship for High School Students. As many as 77% of the students at FGCU get some sort of financial aid, and the total amount of assistance/loans provided is more than $42,444,037 in a year. One can visit FGCU's financial aid page at http://www.fgcu.edu/AS/FinancialAid/ for more information. At FGCU, the total percentage of applicants who receive the Federal Grant stands at 32%. Meanwhile, 77% of the applicants receive the Student Grant and 47% are awarded the Institution Grant, while 32% of the students get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,149, while the same comes to $4,182 for State Grant receivers and $2,138 for Institution Grant awardees. On the other hand, the average aid received by the Pell Grant awardees is $4,759. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. However, student loans attract a certain rate of interest at which the funds are borrowed. Candidates are also required to repay these loans within a given period. Every year, around 37% of the applicants to Florida Gulf Coast University opt for student loans.