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Colleges / Florida Memorial University

Florida Memorial University

Miami-Dade, FL 4-Year Private
Acceptance Rate39%
Acceptance Rate39%

Florida Memorial University Tuition Information

In 2022, tuition for full-time students at Florida Memorial University was $12,576 a year.

Tuition was the same price in 2022 as it was the year before. Usually, college tuition goes up about 3% every year.

If this makes attending the college of your dreams feel scary, remember, the advertized cost of tuition doesn't always give you enough information to determine the actual cost of attending any given college. Many students find the actual cost of college is a lot less than the sticker price after grants, scholarships, and tuition discounts are awarded. Additionally, student loans can make the amount you do have to pay out of pocket feel more doable until after graduation.

Does Florida Memorial University Offer In-State and Out-of-State Tuition?

Florida Memorial University is a private, religious institution, which means tuition is the same 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 insitutions often offer a lower cost of attendance for those who qualify as Florida residents.

Choosing a school where you are eligible for the reduced tuition offered to state residentscan save significant money on the total cost of attending college. Take the time to verify your state's eligibility criteria 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 as well, depending on the state you and your parents currently reside in.

Explore other Florida colleges

Tuition for International Students at Florida Memorial University

Tuition at Florida Memorial University is the same for all students.

Students from outside of the U.S. usually do not qualify for for federal financial aid, but may be eligible for private or Florida Memorial University-specific aid and scholarships.


Florida Memorial University Living Expenses, Fees, and More


Tuition is not the only cost of attending college; 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.

House and Food Costs at Florida Memorial University

Housing and campus dining at Florida Memorial University costs $11,292 a year. This includes the cost of living in dorms or other on-campus housing, plus a meal plan that enables you to eat all or some of your meals the Florida Memorial University's on-campus cafeterias and dining halls.

Board costs may vary depending on the numnber of meals you intend to eat on-campus

How Much Do Books Cost at Florida Memorial University?

The cost of books often surprises first-year college students. The actual cost of books depends on the courses you take and the textbooks, computer programs, or other materials are required.. To save money, many students choose to use books from the library or buy used textbooks and materials.

Yearly Fees

Most schools charge some yearly fees to offsets cost associated with maintaining facilties, like the computer labs and libraries, athletic facilities, and more.

Keep in mind, there could also be other costs associated with participating in special activities, like joining a fraternity or sorority, or participating in sports or other extracurriculars. Most colleges offer ways for students with financial need to find ways to lower or eliminate these fees.

Transportation costs

The cost of getting around in college depends on a few key factors. 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 are you planning to use busses, subways, or other modes of transportation? All of these questions can make a big difference in your transportation budget.

A school's location 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 flip side, getting around in a city may be expensive, but cities may offer more buses, trains and affordable flights to actually get to school. The Florida Memorial University campus is located in a suburban setting in Florida.

Other Costs

When creating a budget for college, don’t forget to leave some room in your budget for personal expenses, like movies, takeouts, furniture or appliances for your dorm or housing, and essentials like laundry detergent, toothpaste and toilet paper.


Financial Breakdown for Florida Memorial University


Now, let’s look at the breakdown of all expenses, to get a better estimate of how much students can expect to shell out for 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.

2022 Total Tuition and Expenses
Tuition $12,576
Room and Board $11,292

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

Total Estimated Costs
On-Campus $23,868
Off-Campus $12,576

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.


Financial Aid at Florida Memorial University


The majority of Florida Memorial University undergrads use financial aid to help pay for school. In 2022, 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 Common Loans for Florida Memorial University 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 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 2022, 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.

Net Cost of Florida Memorial University

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 2022. 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 $13,018
Off-Campus $1,726

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 waiver tuition for certain groups, to make attending more affordable. Some schools offer tuition waivers for employees and their family members, 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.


Learn More About Florida Memorial University


Click below to find out more about the admissions requirements and deadlines, student life, academics, majors and more.

Overview

Student Life

Academics

Admissions

Visit the College Confidential forums to join the conversation about Florida Memorial University

Florida Memorial University Tuition & Fees

Tuition & Fees

$12,576

In State

$12,576

Out-of-State
Cost Breakdown
In State
Out-of-State
State Tuition
$12,576
$12,576
Fees
Unknown
Unknown
Housing
Unknown
Unknown
Books
Unknown
Unknown

Florida Memorial University Financial Aid

Students Who Receive Need-Based Aid

70%

Average Financial Aid Package

$10,950

Data Source: IPEDs and Peterson's Databases © 2022 Peterson's LLC All rights reserved

Quick Facts

Total Enrollment

1,750

Campus Setting

Suburban

Acceptance Rate

39%

Tuition and Fees

In State

$12,576

Out-of-State

$12,576

Fall Freshmen
Application Deadline

Jul 1
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