Florida Atlantic University
Boca Raton, FL 33431-0991

Financial Aid

$4,500
Average Institutional Grant
2016-2017

In the 2016-2017 academic year, full-time freshman students of Florida Atlantic University were awarded a total amount of $15,564,107 in grant and $7,747,418 in federal student loans. 62% of freshman students received some type of financial aid either in the form of grant or scholarship from the federal, state or local government and the institution. 45% of the freshman students received federal student loan.

The following tables details the breakdown of all types of financial aid awarded to full-time undergrad students who entered the college in Fall 2016

Grant & Scholarships

Students Receiving Aid Average Amount Total Amount
Pell Grant 1,336 41% $4,810 $6,425,676
Other Federal Grant 57 2% $2,767 $157,720
State Grant/Scholarships 991 30% $3,309 $3,279,053
Institutional Grant/Scholarships 1,267 38% $4,500 $5,701,658
Total Grant & Scholarships 2,047 62% $7,603 $15,564,107

Student Loans

Students Receiving Loans Average Amount Total Amount
Federal Student Loans 1,476 45% $5,249 $7,747,418
Private Loans 150 5% $13,686 $2,052,896
Total Loans 1,496 45% $6,551 $9,800,314

Student Loan Default Rate

6%
Current default rate
Fiscal year - 2014

The following table shows Federal Family Education Loan (FFEL) Program and William D. Ford Federal Direct Loan (Direct Loan) borrowers statistics and default rates for Florida Atlantic University from 2012 to 2014 and comparisons between the school's default rates and similar schools in the state and national average.

Default Rate
Fiscal Year Borrowers Defaulters School State Avg. National Avg.
2014 5,829 369 6%
2013 5,615 294 5%
2012 5,029 312 6%
  • Fiscal Year - October 1 to September 30
  • Borrowers - Total number of borrowers who entered into repayment in the fiscal year.
  • Defaulters - Number of borrowers who defaulted in the fiscal year.
  • School - Florida Atlantic University's default rate
  • State Avg. - Florida's 4 year colleges average default rate
  • National Avg. - National average default rate of 4 year colleges

Financial Aid by Income Level

This section details the amount of financial aid provided to Florida Atlantic University students over the past 5 years. The data is categorized into 5 income brackets. Click on each income bracket to view the amount of finanical aid provided and the number of recipients for the past 5 years.

Net Price

$11,303
Average Net Price
2016-2017

Weather your family is financially well-off or unaffluent, you might be eligible for some type of financial aid in the form of grant, loan or scholarship. No matter what your situation is, you should first apply for Federal Student Aid (FAFSA). Colleges and universities use the information from your FAFSA and federal tax return to calculate your Expected Family Contribution (EFC). Your EFC determines how much financial aid you're eligible to receive.

This section details the net prices paid by students in the 2016-2017 academic year at Florida Atlantic University. The amounts are averaged out for 5 family income brackets.

Here is a simple formula to calculate your net price or use the link below to estimate your net price more accurately.

Net Price = Sticker Price - Financial aid

Financial aid include: federal, state or local government grants and institutional grants and scholarships

Average Net Price by Family Income

Family Income Average Net Price
Less than $30,000$9,217
$30,000 to $48,000$11,092
$48,000 to $75,000$14,355
$75,000 to $110,000$16,846
Over $110,000$18,005
Get your personal estimate

Veterans and Service Members

$5,190
Average Financial Aid
2016-2017

The following section details the amount of financial aid provided to veteran students and their family members at Florida Atlantic University.

In 2016-2017 academic year, 489 students received an average amount of $5,323 in financial aid in the form of post-9/11 GI bill benefits and 26 students received $2,688 on average through yellow ribbon program.

Unlike other types of government financial aid, veterans financial aid is available to both undergraduates and graduate students.

Post-9/11 GI Bill

Yellow Ribbon Program

Learn more about financial aid for veterans

Financial Aid Deadlines

March 1

  • Financial aid application (priority)

Campus Location

Similar Colleges

University of Louisville
Louisville, KY
University of Memphis
Memphis, TN

Nearby Colleges

Nearby 4 year colleges within 100 mile radius of Florida Atlantic University.

Palm Beach State College
16.6 mile away
Broward College
17.6 mile away
Miami Dade College
41.4 mile away