$4,725

Avg. Federal Grant

$6,468

Avg. Federal Loan

$205,985,895

Total Aid Awarded

Florida State University (FSU) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

91%

Total Aid Amount Average Total Aid Awarded per year.

$205.986M

Financial Aid Official Website

https://financialaid.fsu.edu/

Florida State University financial aid is basically to provide students financial help that they need to complete their education and get their degree. 91% students have received grant or scholarships aids. The total aid awarded is $205,985,895.

The financial aids, generally come from the scholarships, grants, and student loans. While scholarships and grants are part of gift aids, student loan is part of self-help aid option. To be elegible for federal aids, the students are required to fill out their FAFSA form.

Let's look at some of the gift aid options now!

Scholarships

Scholarships are aids that do not have to be paid back and are generally merit based.

State Scholarships

  • Bright Future Scholarship: To apply to the scholarship you are required to fill the Florida Financial Aid Application in the last year of your highschool.
  • Benacquisto Scholarship: Only students who have received the National Merit Scholarship are eligible to receive a Benacquisto Scholarship award.

Institutional Scholarships

  • Presidential Scholars Program: The total value of this scholarship is $31,200 over four years. Out-of-state applicants will also receive a full out-of-state tuition waiver.
  • University Freshman Scholarship: The Office of Admissions will automatically consider accepted freshmen for our University Freshman Scholarship. A separate application is not required. Scholarships are competitive and awarded based on academic merit (combination of academic weighted grade point average and test scores).
  • Out-of-State Tuition Waiver Scholarship: Awarded to a limited number of non-Florida freshmen based on academic merit. The total amount of this award is a 100% reduction (waiver) of the out-of-state portion of tuition.

Private Scholarships

  • Deeb Scholarship
  • Southern Scholarship Foundation- Housing Scholarship

To know more about these scholarships, click here.

Grants

Grants are need-based aids given to student who require monetary help to complete their degree requirements.

Federal Grants

  • Federal Pell Grants: The Federal Pell Grant is awarded to low income, undergraduate, degree seeking students who have not obtained a bachelor's or professional degree.
  • Federal Supplemental Educational Opportunity Grant: The Federal Supplemental Educational Opportunity Grant is a Federal grant awarded to low income, undergraduate, degree seeking students.
  • TEACH Grant: The TEACH Grant Program provides grants up to $4,000 annually to students who commit to teaching in select high-need subject areas in public or private elementary or secondary schools that serve low income families.

Institutional Grants

  • Florida State University Grant and Differential Florida State University Grant: This FSU funded grant is awarded to degree seeking undergraduate students who meet university need guidelines.
  • Florida State Graduate Grant: This FSU funded grant is awarded to degree seeking graduate students who meet university need guidelines.

State Grants

  • Florida Student Assistance Program (FSAG): The Florida Student Assistance Grant is a state funded need-based award program offering grants to first degree seeking undergraduate students attending public Florida institutions.
  • First Generation Matching Grant: The First Generation Matching Grant is a need-based award program offering grants to first degree seeking undergraduate students whose parents have not earned a Bachelor's degree.

To know more about these grants, click here.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

26%

State Grant Aid

81%

Institution Grant Aid

69%

Pell Grant

26%

Average Aid Awarded

Federal Grant Aid

$4,725

State Grant Aid

$4,949

Institution Grant Aid

$4,152

Pell Grant

$4,456

Here is a detailed breakdown of the financial aids that you can expect to receive at FSU. On an average, almost 91% of students get financial aids.

  • Approximately 26% of the students get Federal Grant Aid, which comes to around $4,725
  • The same percentage of students receive the Pell Grant aid, which is 26% of the student population. The amount comes up to $4,456
  • 81% of the students are entitled to State Grant Aid, the amount for which is somewhere around $4,949
  • About 69% of students receive institutional grant. The amount for this aid is around $4,152
  • 32% of the students take a loan at the default rate of 2.4%, the amount for which is $7,443 approximately.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$16,455

$30,001 - $48,000

$14,301

$48,001 - $75,000

$9,659

$75,001 - $110,000

$5,471

Over $110,000

$4,217

As we have mentioned earlier, the financial aids are given based on financial needs too. Keeping that in mind, here is a breakdown of the amounts that students from different income groups can expect. In the income group of $0-$30,000, students can expect aids of approximately $16,455. For the next scale, which is $30,001-$48,000, the students receive grants of $14,301 on an average. Unfortunately, however, as the scales keep increasing, the grants keep decreasing quite a bit. The next scale, which is $48,001-$75,001, students can expect grants of about $9,659. The higher the scale, the drastic the difference. This can be noticed as the scale of $75,001-$110,000, the grant covers $5,471, and the last cap which is anything above $110,000, the grant comes up to $4,217.

Student Loans for Florida State University (FSU)

Average Loan Amount Average Loan Amount received per year.

$7,443/Year

Students Taking Out Loans

32%

Loan Default Rate

2.4%

Unlike the previously mentioned aids, student loans are self-help aids, which means you will have to either earn or pay back the aids that you receive through this kind of aid. FSU loans are provided by both federal and private sources. Let’s look at some of the loan options:

  • Federal Direct Subsidized Loan
  • Federal Direct Unsubsidized Loan
  • Federal Direct Parent PLUS Loan
  • Federal Direct Graduate PLUS Loan

To know more about the FSU student loan options, click here.

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