Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 6,276, which is 78.78 % of all undergraduate students. 4,849 students which is 60.11% of undergraduate students received federal student loans and the average loan amount is $6,572.

For full-time, first-time beginning students (freshmen), 89.56% of students received grants or scholarships and 65% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table shows the trends of financial aid for all undergraduate students at Florida Agricultural and Mechanical University since 2013.

For that period, the average number of students who received grants aid/scholarships is 6,276, which is 78.78 % of all undergraduate students. 4,849 students which is 60.11% of undergraduate students received federal student loans and the average loan amount is $6,572.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-146,698 (75%)$6,9745,439 (61%)$4,5626,159 (69%)$7,346
2014-156,314 (74%)$7,1505,193 (61%)$4,5635,747 (68%)$7,317
2015-166,233 (77%)$7,1605,093 (63%)$4,5855,482 (67%)$6,667
2016-175,812 (75%)$8,3694,590 (59%)$4,6204,969 (64%)$6,724
2017-185,957 (74%)$8,7794,897 (61%)$5,3045,120 (64%)$6,648
2018-196,085 (75%)$8,5864,926 (61%)$5,3655,037 (62%)$6,400
2019-206,382 (82%)$8,9454,697 (60%)$5,4534,728 (60%)$6,136
2020-216,186 (84%)$10,1784,173 (56%)$5,5263,489 (47%)$6,057
2021-226,819 (93%)$11,4874,050 (55%)$5,4292,906 (40%)$5,857
Average6,276 (78.78%)$8,6254,784 (59.67%)$5,0454,849 (60.11%)$6,572
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

For the last 10 years, on average, 1,193 (89.56 % of students) received grants or scholarships and its average amount is $9,675. It can cover 54.59% of tuition & fees ($17,725) based on out-of-state rate.

In addition, 887 (65.00 % of students) students get helped from the students loans (average amount : $6,059).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,107 (87%)$7,894931 (73%)$6,559
2014-151,208 (87%)$9,1071,005 (72%)$6,440
2015-161,452 (91%)$8,5911,170 (74%)$6,215
2016-171,136 (88%)$10,291888 (69%)$6,227
2017-181,413 (85%)$8,5321,233 (75%)$6,459
2018-191,189 (87%)$8,970963 (70%)$6,038
2019-201,177 (89%)$10,193883 (67%)$5,313
2020-21935 (94%)$11,310430 (43%)$5,535
2021-221,120 (98%)$12,191484 (42%)$5,747
Average1,193 (89.56%)$9,675887 (65.00%)$6,059
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.

The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 888 (65.78 % of students) received Pell (federal) grants and its average amount is $5,214.

In addition, 529 students received State/local government grants/scholarships (40.00 % of students).

Year Federal (Pell) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14866 (68%)$4,793248 (19%)$1,550441 (35%)$2,688729 (57%)$4,140
2014-15976 (70%)$4,930284 (20%)$1,562640 (46%)$2,869810 (58%)$4,827
2015-161,146 (72%)$4,981250 (16%)$1,515508 (32%)$2,996873 (55%)$5,573
2016-17829 (64%)$4,750183 (14%)$1,612437 (34%)$3,647842 (65%)$6,964
2017-181,168 (71%)$5,313263 (16%)$1,625663 (40%)$3,345804 (49%)$3,986
2018-19932 (68%)$5,380168 (12%)$1,567601 (44%)$4,252711 (52%)$3,983
2019-20855 (65%)$5,5151,011 (77%)$1,197562 (43%)$4,425848 (64%)$4,227
2020-21573 (57%)$5,659869 (87%)$3,721471 (47%)$4,442604 (61%)$3,322
2021-22649 (57%)$5,6061,089 (96%)$5,202442 (39%)$4,555620 (54%)$3,769
Average888 (65.78%)$5,214485 (39.67%)$2,172529 (40.00%)$3,691760 (57.22%)$4,532
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.

The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.

For the last 10 years, on average, 887 (65.00 % of students) get any students loan help and its average loan amount is $887.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14931 (73%)$6,559921 (72%)$6,31034 (3%)$8,678
2014-151,005 (72%)$6,4401,005 (72%)$6,26320 (1%)$8,903
2015-161,170 (74%)$6,2151,167 (73%)$6,02325 (2%)$9,745
2016-17888 (69%)$6,227878 (68%)$5,94629 (2%)$10,644
2017-181,233 (75%)$6,4591,225 (74%)$6,19030 (2%)$12,714
2018-19963 (70%)$6,038948 (69%)$5,54047 (3%)$11,983
2019-20883 (67%)$5,313876 (66%)$4,79331 (2%)$15,872
2020-21430 (43%)$5,535420 (42%)$4,79224 (2%)$15,311
2021-22484 (42%)$5,747481 (42%)$5,10319 (2%)$17,213
Average887 (65.00%)$6,059880 (64.22%)$5,66229 (2.11%)$12,340