Florida National University Financial Aid and Scholarships
Students Receiving Aid
85%
Total Aid Amount
$23.069M
Financial Aid Official Website
www.fnu.edu/current-students/financial-aid/
Notably, 95% of the students at Florida National University-Main Campus get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $31,570,503. At FNUMC, the total percentage of applicants who receive the Federal Grant stands at 87%. In comparison, 87% of the students are awarded the Student Grant, 39% get the Institution Grant, and 87% of the applicants receive the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,990, while the same comes to $1,066 for State Grant receivers and $3,600 for Institution Grant awardees. On the other hand, the average aid received by the Pell Grant awardees is $5,361. Among other things, the annual family income of the applicant plays a major role in determining the total financial aid they are actually eligible to receive. 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. At Florida National University-Main Campus, the percentage of candidates who opt to avail of student loans is around 76%.