Florida Memorial University

In 2004, tuition for full-time students at Florida Memorial University was $12,576 a year.

Tuition was the same price in 2023 as it was the year before. On average, colleges raise tuition about 3% each year.

If these numbers seem daunting, remember, the advertized cost of tuition doesn't mean much if you plan to use financial aid to help pay for college. Many students owe a lot less than the total tuition after grants, scholarships, and tuition discounts are awarded. Plus, student loans can make thecost of college feel more doable until you've finishing school and found a job.

Florida Memorial University meets 62% of the demonstrated financial need for undergraduates. First-year students that attend Florida Memorial University full-time are awarded $10,850 a year in financial aid, on average.

Graduates in the class of 2023 had an average of $3,500 in student loans per borrower.

In-state vs. Out-of-state Tuition at Florida Memorial University

Florida Memorial University is a private, religious institution, so it has the same tuition for students from Florida as it does for students who live in other states.

Public schools receive funds from the state to help them cover costs. Public, state schools can offer lower tuition for students who meet the requirements for in-state residency.

Choosing a college where you qualify for in-state status can cut the cost of college tuition. Be sure to confirm your state's guidelines for how to qualify for in-state tuition. Each state has different requirements to qualify as in-state resident. In many states, students must have lived in the state for 12 months before starting school to qualify for in-state tuition. There may be additional requirements as well, depending on where you live.

Explore other Florida colleges

Florida Memorial University International Student Tuition

Tuition at Florida Memorial University is the same for every student.

Students from outside of the U.S. usually do not qualify for for loans or grants from the U.S. government, but should research private or school-specific aid and scholarships.

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Florida Memorial University Housing Expenses, Fees, and More

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In addition to the cost of tuition, there are other costs associated with college, like room and board, facility fees, and books and supplies. Let's take a look at what impacts these costs, and what to expect at Florida Memorial University.

Room and Board Costs at Florida Memorial University

Room and board at Florida Memorial University costs $7,486 a year. This covers the cost of living in dorms or other on-campus housing, plus a dining plan that allows you to eat all or some of your meals the Florida Memorial University's on-campus cafeterias and dining facilities.

Board costs may vary depending on how many meals are included in the plan you choose.

Cost of Books at Florida Memorial University

First-year students are sometimes surprised by how much books and supplies cost–and not in a good way. The actual cost of books and supplies depends on the courses you take and what kinds of books and materials they require. To save money, many students choose to use books from the library or buy used textbooks and materials.

Annual Fees

Most schools also have fees to help cover the cost of facilties, like the library, gym and computer labs.

There may be additional fees associated with participating in certain activities, like Greek Life, or participating in sports or other extracurriculars. Many schools have ways for students who may struggle to participate because of cost can find ways to lower or eliminate these fees.

The Cost of Transportation at Florida Memorial University

The total cost of transportation in college can really vary. Will you drive, fly, or take public transportation to school? Is on-campus parking free, or will you need to budget for parking? Is the campus small enough that you can easily walk from class-to-class?? Do you plan to bring a car or will you need to use busses, subways, or other modes of transportation? All of these questions can drastically impact your transportation budget.

A school's location can also have a big effect on the amount you'll have to spend just to get around. Small, rural schools may be easier to get around, but the cost of getting to campus may be higher. On the flip side, getting around in a city is sometimes pricey, but there may be more trains, busses and affordable flights to actually get to school. The Florida Memorial University campus is in a suburb in Florida.

Other Costs

When estimating your budget for college, don’t forget to factor in the cost of things like going out to eat or see shows, furnishing your living space, and things like haircuts, clothes and, yes, even toilet paper and shampoo.

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The Full Cost of Attending Florida Memorial University

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Now, let’s go over all of the costs we've covered, to get a better estimate of the actual cost of attending Florida Memorial University.

Total Cost of Florida Memorial University

What will the cost of attending Florida Memorial University be? Here is a breakdown of tuition and expenses.

2023 Total Tuition and Expenses
Tuition	$12,576
Room and Board	$7,486

The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.

Total Estimated Costs
On-Campus	$24,322
Off-Campus	$16,836

The breakdowns above provide a good estimate of the total cost of attendance before financial aid and scholarships. Tuition and fees may vary depending on program, course level, location, and more.

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Financial Aid at Florida Memorial University

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The majority of Florida Memorial University undergrads use financial aid to to cover the cost of tuition. In 2023, 1,763 of the 1,669 undergrads enrolled received financial aid. Florida Memorial University meets 62% of the demonstrated financial need for undergraduates.

The average financial aid package for a full-time, first-year student is around $10,850 a year. Around 61% of Florida Memorial University undergrads take out student loans to cover any remaining costs. Florida Memorial University graduates who have student loans graduate with an average of $3,500 of student loan debt.

Most students take out institutional or government loans, because they tend to have lower interest rates and more flexible repayment options than private loans. Loans from the federal government can be subsidized or unsubsidized. Subsidized loans do not accrue interest during school, while unsubsidized loans begin accruing interest at the time the loan is issued. If students do no qualify for enough federal loans to cover the cost of tuition, some take out private loans. Parents can also take out ParentPLUS loans, which are government loans for parents who are helping their children pay for college.

The Free Application for Federal Student Aid (FAFSA) helps colleges determine how much financial need students and their familes have, so they can offer a financial aid package that meets, or come close to meeting, their need. For more information on Florida Memorial University financial aid, keep reading, or visit their financial aid website.

Scholarships at Florida Memorial University

Some students may receive grants and scholarships to help pay for college. Unlike loans, scholarships and grants do not have to be paid back.

In 2023, Florida Memorial University awarded 1,510 need-based scholarships to students, giving away total of $6.7 million to help students with financial need cover the cost of school. An additional $5.56 million in merit-based scholarship money was awarded to students without demonstrated financial need.

Florida Memorial University Net Cost

The net price of college is the actual cost of attending a school for one year. Net cost is calculated by subtracting any scholarships, grants or other aid that does not need to be paid back from the total cost. Student loans are not part of the calculation, because they need to be repaid.

Now that we have a sense of the total estimated costs for Florida Memorial University students, we can subtract the average financial aid package to find the estimated net cost. Net cost can vary depending on a students’ need and the financial aid award received.

When considering whether a school fits your budget, it is important to consider the estimated net cost, not just the sticker price of tuition. Often, schools with the highest tuition also offer the most generous aid packages, so estimate your net cost before eliminating a school because it does fit your budget.

The average amount of financial aid received by a full-time first year student with demonstrated need at Florida Memorial University was $10,850 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Florida Memorial University seem more manageable.

Estimated Net Cost for Full-Time Students
On-Campus	$13,472
Off-Campus	$5,986

What will attending Florida Memorial University really cost you? The answer depends on several factors.

As of 2011, colleges are required to have a net price calculator on their website to help prospective students and their families make more informed decisions about the actual cost of attending that school, based on their financial situation. You can find the Florida Memorial University's net cost calculator on their website.

Florida Memorial University Tuition Payment Plans

Some students choose to use payment plans to make the cost of tuition fit more comfortably in their budget.

Students cannot pay tuition in installments. Contact the financial aid office to verify this and discuss options.

Florida Memorial University Tuition Waivers

Schools sometimes offer tuition waivers to certain groups, to make attending more affordable. Some schools offer tuition waivers for faculty, staff, and their families , underrepresented students, or military students. Even with a tuition waiver, other expenses and fees are the responsibility of the student.

Check the financial aid website for more information on payment plans and tuition waivers.

Florida Memorial University's Endowment

An endowment is the total value of a school's investments, donations, and assets. Endowment is not necessarily an indicator of the quality of a school, but it can give you a sense of how much money a college can afford to invest in expanding programs, improving facilities, and supporting students.

As of 2004, the total market value of Florida Memorial University's endowment was $6.7 million. The average college endowment was $905 million in 2021.

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Learn More About Florida Memorial University

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