In 2022, tuition for full-time students at Florida Agricultural and Mechanical University was $4,554 a year for in-state students and $16,500 a year for out-of-state students.
Usually, college tuition goes up about 3% every year.
Remember, the total cost of tuition isn't the final cost for attending college. Many students find the actual cost of college is way less than the sticker price after grants, scholarships, and tuition discounts are applied. Additionally, student loans can make the amount you do have to pay out of pocket more manageable until after graduation.
International students can expect to pay 17,585 per year for tuition at Florida Agricultural and Mechanical University.
Florida Agricultural and Mechanical University is a public, state institution, so it offers a reduced tuition rate of $4,554 for students who qualify as state residents and attend full-time.Non-Florida residents can expect to pay 16,500 per year for tuition.
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. Take the time to verify your state's requirements for as an in-state resident. 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 other criteria too, depending on where you live.
Explore other Florida colleges
Tuition at FAMU is higher for international students than it is for out-of-state students.
International students at Florida Agricultural and Mechanical University usually pay around $17,585 per year, before any scholarships or financial aid.
International students usually do not qualify for for loans or grants from the U.S. government, but should research private or FAMU-specific aid and scholarships.
International students without financial need may be eligible for merit-based institutional scholarships and athletic awards.
Tuition is not the only cost of attending college; room and board, books, transportation and fees are also costs it consider when planning for college. Let's take a look at what impacts these costs, and what to expect at FAMU.
Housing and campus dining at FAMU costs $11,644 a year. This number covers the cost of living in dorms or other on-campus housing, plus a meal plan that enables you to eat in the school dining facilities.
Meal-plan costs can depend on the numnber of meals you intend to eat on-campus
The cost of books often surprises first-year college students. The real cost of books and supplies depends on the courses you take and the materials required. To save money, many students choose to use books from the library or buy books from students who have already taken the course.
The majority of colleges charge some yearly fees to offsets cost associated with maintaining facilties, like the library, gym and computer labs.
There may be optional fees associated with participating in certain activities, like Greek Life, or playing on an intramural sports team. Most colleges have resources for students with financial need to find ways to lower or eliminate these costs.
The cost of transportation in college can really vary. Will you drive, fly, or take public transportation to school? Will you need to pay to park on-campus? Is the campus easy to get around on foot? Do you plan to bring a car or will you need to use public transportation? All of these questions can make a big difference in your transportation budget. Keeping in mind, first-year students are not allowed to park a car on campus.
Where are a college is located can also have a big effect on transportation costs. Small, rural schools may be easier to get around, but the cost of getting to campus may be higher. On the other hand transportation in an urban area may be costly, but there may be more trains, busses and affordable flights to actually get to school. Florida Agricultural and Mechanical Universityis in a urban setting in Florida, near Jacksonville.
When estimating your budget for college, don’t forget to factor in the cost of things like movies, takeouts, furniture or appliances for your dorm or housing, and essentials like laundry detergent, toothpaste and toilet paper.
Now, let’s do a rundown of all of the costs associated with college, to get a better idea of the actual cost of attending FAMU.
What will the cost of attending FAMU be? Here is a breakdown of tuition and expenses.
|2022 Total Tuition and Expenses|
|Room and Board||$11,644|
The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.
Tuition and fees may vary depending on program, course level, location, and more.
FAMU’s tuition and fees change based on: •Course load for both full and part-time students •Course level for both full and part-time students
The majority of Florida Agricultural and Mechanical University undergrads use financial aid to to cover the cost of tuition. In 2022, 5,043 of the 7,301 undergrads enrolled received financial aid. FAMU meets 55.5% of the demonstrated financial need for undergraduates.
The average financial aid package for a full-time, first-year student is around $12,680 a year. Around 80.8% of FAMU undergrads take out student loans to cover any remaining costs. FAMU graduates who have student loans graduate with an average of $26,003 of student loan debt.
The average debt for each loan type varies.
|Average Debt By Loan Type|
|Most Common Loans for FAMU Students|
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 FAMU financial aid, keep reading, or visit their financial aid website.
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 2022, FAMU awarded 4,141 need-based scholarships to students, giving away total of $30.7 million to help students with financial need cover the cost of school. An additional $11.85 million in merit-based scholarship money was awarded to students without demonstrated financial need.
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 FAMU 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 FAMU was $12,680 in 2022. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of FAMU seem more manageable.
|Estimated Net Cost for Full-Time Students|
|Net In-state, Off-campus||$-6,848|
Note: a negative number can indicate that a refund will be given to use toward other expenses such as housing, fees, and books. In such cases, be sure to reach out to the school directly for any clarification or questions.
What will attending FAMU 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 FAMU's net cost calculator on their website.
Some students choose to use payment plans to make the cost of tuition fit more comfortably in their budget.
FAMU offers an Installment Payment Plan, which allows students to pay tuition in a series of smaller chunks instead of one lump sum.
Schools sometimes waiver tuition for certain groups, to offset the cost of attending. Some schools offer tuition waivers for employees and their family members, underrepresented students, or military students. Even if you qualify for a waiver, other expenses and fees are the responsibility of the student.
FAMU has some full or partial tuition waivers available for: - Employees or Children of Employees
Check the financial aid website for more information on payment plans and tuition waivers.
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Data Source: IPEDs and Peterson's Databases © 2022 Peterson's LLC All rights reserved
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