Scholarships, Grants, and Loan Trends at Florida Academy

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 232, which is 48.22 % of all undergraduate students. 231 students which is 48.11% of undergraduate students received federal student loans and the average loan amount is $5,003.

For full-time, first-time beginning students (freshmen), 50.00% of students received grants or scholarships and 50% of students received student loans.

Trends by Subject

All Undergraduate Students Financial Aid Over Time

The following table shows the trends of financial aid for all undergraduate students at Florida Academy since 2014.

For that period, the average number of students who received grants aid/scholarships is 232, which is 48.22 % of all undergraduate students. 231 students which is 48.11% of undergraduate students received federal student loans and the average loan amount is $5,003.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15140 (66%)$3,588140 (66%)$3,588131 (62%)$7,311
2015-16171 (51%)$3,444171 (51%)$3,444185 (55%)$5,561
2016-1787 (20%)$5,69387 (20%)$5,69399 (23%)$6,267
2017-18174 (29%)$3,148172 (29%)$3,073190 (32%)$4,405
2018-19234 (49%)$3,298230 (48%)$2,990228 (47%)$4,359
2019-20238 (45%)$2,990235 (44%)$2,958241 (45%)$4,302
2020-21329 (72%)$3,036324 (71%)$2,953333 (73%)$4,200
2021-22384 (52%)$3,187384 (52%)$3,187355 (48%)$4,821
2022-23330 (50%)$3,136325 (49%)$3,130319 (48%)$3,799
Average232 (48.22%)$3,502230 (47.78%)$3,446231 (48.11%)$5,003
*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, 61 (50.00 % of students) received grants or scholarships and its average amount is $3,937. It can cover 38.98% of tuition & fees ($10,100).

In addition, 62 (49.78 % of students) students get helped from the students loans (average amount : $5,454).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-1552 (58%)$4,15352 (58%)$7,068
2015-1664 (48%)$4,06067 (51%)$6,703
2016-1751 (34%)$4,86365 (44%)$6,703
2017-18106 (38%)$4,630106 (38%)$5,388
2018-1967 (40%)$3,97575 (45%)$5,215
2019-2054 (69%)$2,37243 (55%)$3,533
2020-2167 (68%)$3,01562 (63%)$4,216
2021-2268 (57%)$4,03660 (50%)$5,432
2022-2324 (38%)$4,32728 (44%)$4,827
Average61 (50.00%)$3,93762 (49.78%)$5,454
*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, 61 (49.78 % of students) received Pell (federal) grants and its average amount is $3,898.

In addition, 1 students received State/local government grants/scholarships (1.33 % 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
2014-1552 (58%)$4,153------
2015-1664 (48%)$4,060------
2016-1751 (34%)$4,863------
2017-18106 (38%)$4,630------
2018-1966 (40%)$3,808--1 (1%)$14,995--
2019-2054 (69%)$2,238--1 (1%)$7,200--
2020-2167 (68%)$3,015------
2021-2268 (57%)$4,036------
2022-2323 (36%)$4,277--1 (2%)$5,485--
Average61 (49.78%)$3,898--1 (1.33%)$9,227--
*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, 62 (49.78 % of students) get any students loan help and its average loan amount is $62.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-1552 (58%)$7,06852 (58%)$7,068--
2015-1667 (51%)$6,70367 (51%)$6,703--
2016-1765 (44%)$6,70365 (44%)$6,703--
2017-18106 (38%)$5,38867 (24%)$5,68739 (14%)$4,875
2018-1975 (45%)$5,21575 (45%)$4,88425 (15%)$991
2019-2043 (55%)$3,53333 (42%)$4,41910 (13%)$611
2020-2162 (63%)$4,21662 (63%)$4,216--
2021-2260 (50%)$5,43260 (50%)$5,432--
2022-2328 (44%)$4,82728 (44%)$4,827--
Average62 (49.78%)$5,45457 (46.78%)$5,54925 (14.00%)$2,159

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