Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 1,123, which is 92.44 % of all undergraduate students. 845 students which is 68.56% of undergraduate students received federal student loans and the average loan amount is $7,343.

For full-time, first-time beginning students (freshmen), 89.78% of students received grants or scholarships and 61% 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 Memorial University since 2013.

For that period, the average number of students who received grants aid/scholarships is 1,123, which is 92.44 % of all undergraduate students. 845 students which is 68.56% of undergraduate students received federal student loans and the average loan amount is $7,343.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,404 (93%)$6,7321,152 (76%)$4,5831,174 (77%)$9,109
2014-151,406 (95%)$7,5891,129 (76%)$4,7161,050 (71%)$8,320
2015-161,333 (95%)$9,8231,049 (75%)$4,6941,045 (75%)$7,434
2016-171,127 (88%)$10,514934 (73%)$4,896927 (72%)$7,515
2017-181,130 (96%)$11,204937 (80%)$5,362930 (79%)$7,490
2018-191,029 (91%)$10,654776 (68%)$5,532766 (68%)$7,234
2019-20994 (95%)$11,353747 (71%)$5,336677 (64%)$6,999
2020-21794 (90%)$12,923590 (67%)$5,332522 (59%)$5,990
2021-22887 (89%)$13,080646 (65%)$5,692511 (52%)$5,998
Average1,123 (92.44%)$10,430884 (72.33%)$5,127845 (68.56%)$7,343
*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, 317 (89.78 % of students) received grants or scholarships and its average amount is $11,294. It can cover 59.10% of tuition & fees ($19,110).

In addition, 215 (61.22 % of students) students get helped from the students loans (average amount : $7,026).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14347 (87%)$8,991282 (71%)$8,957
2014-15434 (95%)$9,841248 (54%)$7,869
2015-16355 (95%)$9,482202 (54%)$7,540
2016-17312 (87%)$10,479235 (65%)$7,284
2017-18314 (96%)$11,232235 (72%)$7,172
2018-19287 (86%)$10,881186 (56%)$6,722
2019-20298 (94%)$12,892183 (58%)$6,371
2020-21232 (82%)$12,904164 (58%)$5,370
2021-22271 (86%)$14,943198 (63%)$5,951
Average317 (89.78%)$11,294215 (61.22%)$7,026
*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, 265 (75.22 % of students) received Pell (federal) grants and its average amount is $5,278.

In addition, 281 students received State/local government grants/scholarships (79.33 % 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
2013-14315 (79%)$4,89028 (7%)$2,345347 (87%)$3,35173 (18%)$4,810
2014-15335 (73%)$5,03116 (4%)$2,116383 (84%)$3,870199 (44%)$5,373
2015-16299 (80%)$4,89313 (3%)$1,811345 (92%)$3,95786 (23%)$5,980
2016-17252 (70%)$5,20724 (7%)$1,836262 (73%)$4,653105 (29%)$6,611
2017-18251 (77%)$5,54825 (8%)$2,077254 (77%)$5,56499 (30%)$6,759
2018-19251 (76%)$5,63431 (9%)$1,884216 (65%)$6,05556 (17%)$6,116
2019-20225 (71%)$5,02031 (10%)$1,852298 (94%)$6,99991 (29%)$6,258
2020-21194 (69%)$5,46737 (13%)$1,319202 (71%)$7,34549 (17%)$8,174
2021-22259 (82%)$5,81456 (18%)$1,513223 (71%)$7,600102 (32%)$7,492
Average265 (75.22%)$5,27829 (8.78%)$1,861281 (79.33%)$5,48896 (26.56%)$6,397
*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, 215 (61.22 % of students) get any students loan help and its average loan amount is $215.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14282 (71%)$8,957282 (71%)$8,8395 (1%)$6,620
2014-15248 (54%)$7,869248 (54%)$7,7933 (1%)$6,300
2015-16202 (54%)$7,540202 (54%)$7,4832 (1%)$5,750
2016-17235 (65%)$7,284235 (65%)$7,1994 (1%)$5,004
2017-18235 (72%)$7,172235 (72%)$7,0676 (2%)$4,100
2018-19186 (56%)$6,722185 (56%)$6,5857 (2%)$4,571
2019-20183 (58%)$6,371183 (58%)$6,2495 (2%)$4,469
2020-21164 (58%)$5,370164 (58%)$5,1217 (2%)$5,819
2021-22198 (63%)$5,951192 (61%)$5,59721 (7%)$4,936
Average215 (61.22%)$7,026214 (61.00%)$6,8817 (2.11%)$5,285