University of Florida Tuition, Cost & Financial Aid — The University of Florida charges $6,380 in tuition for in-state students and $28,658 for out-of-state students. Compared to the national average in-state tuition cost of $11,286, the University of Florida offers a more affordable option. However, for out-of-state students, the tuition is higher than the national average out-of-state tuition cost of $27,394.
These figures include both tuition and fees, which are collectively known as the sticker price. Fees vary by institution and may cover services such as library access, student gym facilities, student centers, technology resources, and campus health centers.
When comparing costs between different universities, it’s important to consider the total cost and the net price. The total cost includes the sticker price along with expenses for room and board, books and supplies, transportation, and personal expenses. At the University of Florida, the total cost amounts to $21,430 for in-state students and $43,708 for out-of-state students.
The net price, on the other hand, represents the average cost of attending the university after deducting aid and scholarship funds from the total cost. On average, out-of-state students receiving need-based aid have a net price of $30,514, while in-state students have a net price of $10,970.
These factors should be taken into account when assessing the affordability of attending the University of Florida or comparing it with other institutions.
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University of Florida Tuition & Expenses
| In-state tuition and fees | $6,380(2022-23) |
| Out-of-state tuition and fees | $28,658(2022-23) |
| Net price for federal loan recipients (2019-2020) | $5,135 |
| Net price by family income (2019-2020) | ? |
FAMILY INCOME & AVERAGE COST
| FAMILY INCOME | AVERAGE COST |
|---|---|
| $0-$30,000 | $65 |
| $30,001-$48,000 | $2,857 |
| $48,001-$75,000 | $8,394 |
| $75,001-$110,000 | $12,874 |
| $110,001+ | $13,561 |
| Room and Board | $10,950 (2022-23) |
| Go to this school’s net price calculator | Website |
- Minimum credits per term a student can take for full-time tuition price
- Maximum credits per term a student can take for full-time tuition price
Financial Aid Statistics for University of Florida
Financial aid refers to funding that students can utilize to cover their college expenses, and it is typically granted based on either need or merit.
Need-based aid is determined by assessing your or your family’s demonstrated ability to afford college, as evaluated through the Free Application for Federal Student Aid (FAFSA). For first-year students at the University of Florida, the average need-based scholarship or grant amounted to $10,683. Furthermore, in the fall of 2020, 64% of first-year students received need-based financial aid.
Need-based self-help aid includes federal loans and work-study opportunities. On average, first-year students at the University of Florida received $4,124 in need-based self-help aid.
Merit-based aid, also known as non-need-based aid, is awarded based on specific talents or academic achievements. For first-year students at the University of Florida, the average non-need-based scholarship or grant (excluding athletic scholarships, if applicable) was $3,348.
It is worth noting that the University of Florida met 98% of its students’ financial aid needs. Read the information below to gain a better understanding of the available types of aid.
- Institution is G.I. Bill certified — Yes
- Institution participates in Yellow Ribbon Program — Yes
- Types of need-based scholarships/grants available
- Application Deadline for Financial Aid
Student Loan Debt for University of Florida
The amount of student loan debt you accumulate can have long-term implications for your financial well-being after graduating from college. It is ideal for your total student loan debt to be lower than your projected starting salary.
At the University of Florida, the median federal loan debt for undergraduate borrowers who completed their degree is $15,580. For students who have graduated and are repaying their federal loans over a 10-year period at a 5.05% interest rate, the median monthly payment is $156.
In addition, 3% of graduating students at the University of Florida relied on private loans. On average, these students had $21,635 in private loan debt upon graduation.
- Typical total federal loan debt after graduation — $15,580
- Typical total federal loan debt among those who did not graduate — $9,357
- Typical total federal loan debt by family income
| FAMILY INCOME | TOTAL DEBT |
|---|---|
| $0-$30,000 | $13,500 |
| $30,001-$75,000 | $14,827 |
| $75,001+ | $15,000 |
- Typical monthly loan payment — $156
- Undergraduates paying down their federal loan debt — N/A
- Undergraduates paying down their federal loan debt by family income
| FAMILY INCOME | PAYING DOWN DEBT |
|---|---|
| $0-$30,000 | N/A |
| $30,001-$75,000 | N/A |
| $75,001+ | N/A |
- Average Total Indebtedness of 2021 Graduating Class — $18,204
- Graduating students who have borrowed (any loan type, 2021) — 27%
- Graduating students who have borrowed (state loans, 2021)
- Graduating students who have borrowed (private loans, 2021)
Scholarships
Scholarships are a form of financial aid that does not require repayment. There are different types of scholarships available to students. Need-based scholarships consider a student’s financial circumstances, while merit-based scholarships are awarded based on academic or athletic achievements. Additionally, scholarships can be granted for community service involvement, unique hobbies or characteristics, personal background, or through a parent’s employer or military affiliation.
Certain students may receive enough scholarship funds to cover their tuition fees and living expenses. Here are some examples of scholarships and grants offered at the University of Florida.
- Types of need-based scholarships/grants available
- Average Need-Based Scholarship or Grant Award (Freshmen)
Jobs
Working while attending school can help alleviate the financial strain of student loans. Many schools provide work-study programs for eligible students, offering on-campus employment opportunities during their free time. Some institutions facilitate the matching process for work-study positions, while others require students to apply for these positions as they would for any other job.
To begin your job search, check if your college has in-person or online job boards specifically tailored for students. Additionally, consider reaching out to professors, fellow students, or career counselors who can assist you in finding a job related to your major and personal interests.
- Average need-based self-help aid award (freshmen)
- Students who received need-based self-help aid (freshmen)
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