Florida Memorial University

In 2019, tuition for full-time students at Florida Memorial University was $12,576 a year. On average, college tuition rises about 3 percent a year.

If these numbers sound high, remember, the "sticker price" of tuition doesn't give you enough information to determine the actual cost. Many students pay far less than the total tuition after grants, scholarships, and tuition discounts kick in. Plus, student loans can make the amount you do have to pay for college more manageable.

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 residents of Florida as it does for residents from other states.

Public colleges and universities receive funding from the state government. Public, state schools can offer lower tuition for students who meet the requirements for in-state residency.

Attending a school where you qualify for in-state tuition can save significant money on the overall cost of college. Each state has different requirements to qualify as in-state resident. The most common requirement is that students must have lived in the state for a full year before starting school.

Explore other Florida colleges

Florida Memorial University International Student Tuition

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

International students are not eligible for federal financial aid, but may be eligible for school-specific aid and scholarships.

Florida Memorial University Living Expenses and Other Costs

In addition to tuition, there are other costs associated with college, like room and board, facility fees, and books and supplies.

Room and Board at Florida Memorial University

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

Cost of Books 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 materials required.

Yearly Fees

Most schools also have fees to help cover the cost of facilties, like the library, gym and computer labs. Full-time undergrads at Florida Memorial University pay $3,360 in fees each academic year.

There may also be optional fees associated with participating in certain activities, like joining a fraternity or sorority, or playing on an intramural sports team, may mean additional fees.

Transportation costs

The total cost of transportation in college can really vary. It depends on if you drive or fly to get to school, own a car, or if you prefer to walk or take public transportation to get around campus.

A school's location can impact transportation costs. The Florida Memorial University campus is in a suburban setting in Florida.

Other College Costs

When creating a budget for college, don’t forget to leave some room in your budget for personal expenses, like entertainment, clothes, furnishings and toiletries.

Let’s look at the breakdown of all expenses, which can add up for both on-campus and off-campus students.

Total Cost of Florida Memorial University

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 to cover the cost of tuition. In 2021, 1,763 of the 1,669 undergrads enrolled received financial aid. Florida Memorial University meets 62 percent 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 percent 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 2021, Florida Memorial University awarded 1,510 need-based scholarships to students, giving away total of $6,719,671 to help students with financial need cover the cost of school. An additional $5,555,051 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 2021. 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.

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 understand 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.

Does Florida Memorial University offer tuition waivers?

Schools sometimes offer tuition waivers to certain groups to cover some or all of the cost of tuition. Some schools offer them for employees and their family, 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.