How FAMU's Financial Aid Changes

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Florida Agricultural and Mechanical University since 2013.

For that period, the average number of students who received grants aid/scholarships is 6,276, which is 78.78 % of all undergraduate students. 4,849 students which is 60.11% of undergraduate students received federal student loans and the average loan amount is $6,572.

Year	Grant or Scholarship^*		Pell Grants		Federal Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	6,698 (75%)	$6,974	5,439 (61%)	$4,562	6,159 (69%)	$7,346
2014-15	6,314 (74%)	$7,150	5,193 (61%)	$4,563	5,747 (68%)	$7,317
2015-16	6,233 (77%)	$7,160	5,093 (63%)	$4,585	5,482 (67%)	$6,667
2016-17	5,812 (75%)	$8,369	4,590 (59%)	$4,620	4,969 (64%)	$6,724
2017-18	5,957 (74%)	$8,779	4,897 (61%)	$5,304	5,120 (64%)	$6,648
2018-19	6,085 (75%)	$8,586	4,926 (61%)	$5,365	5,037 (62%)	$6,400
2019-20	6,382 (82%)	$8,945	4,697 (60%)	$5,453	4,728 (60%)	$6,136
2020-21	6,186 (84%)	$10,178	4,173 (56%)	$5,526	3,489 (47%)	$6,057
2021-22	6,819 (93%)	$11,487	4,050 (55%)	$5,429	2,906 (40%)	$5,857
Average	6,276 (78.78%)	$8,625	4,784 (59.67%)	$5,045	4,849 (60.11%)	$6,572

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

Overview

For the last 10 years, on average, 1,193 (89.56 % of students) received grants or scholarships and its average amount is $9,675. It can cover 54.59% of tuition & fees ($17,725) based on out-of-state rate.

In addition, 887 (65.00 % of students) students get helped from the students loans (average amount : $6,059).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	1,107 (87%)	$7,894	931 (73%)	$6,559
2014-15	1,208 (87%)	$9,107	1,005 (72%)	$6,440
2015-16	1,452 (91%)	$8,591	1,170 (74%)	$6,215
2016-17	1,136 (88%)	$10,291	888 (69%)	$6,227
2017-18	1,413 (85%)	$8,532	1,233 (75%)	$6,459
2018-19	1,189 (87%)	$8,970	963 (70%)	$6,038
2019-20	1,177 (89%)	$10,193	883 (67%)	$5,313
2020-21	935 (94%)	$11,310	430 (43%)	$5,535
2021-22	1,120 (98%)	$12,191	484 (42%)	$5,747
Average	1,193 (89.56%)	$9,675	887 (65.00%)	$6,059

^*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.

^**percentage of number of students receiving aids among all undergraduate students.

Grants/Scholarship

The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 888 (65.78 % of students) received Pell (federal) grants and its average amount is $5,214.

In addition, 529 students received State/local government grants/scholarships (40.00 % of students).

Year	Federal (Pell) Grants		Other Federal		State/Local government		Institutional
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	866 (68%)	$4,793	248 (19%)	$1,550	441 (35%)	$2,688	729 (57%)	$4,140
2014-15	976 (70%)	$4,930	284 (20%)	$1,562	640 (46%)	$2,869	810 (58%)	$4,827
2015-16	1,146 (72%)	$4,981	250 (16%)	$1,515	508 (32%)	$2,996	873 (55%)	$5,573
2016-17	829 (64%)	$4,750	183 (14%)	$1,612	437 (34%)	$3,647	842 (65%)	$6,964
2017-18	1,168 (71%)	$5,313	263 (16%)	$1,625	663 (40%)	$3,345	804 (49%)	$3,986
2018-19	932 (68%)	$5,380	168 (12%)	$1,567	601 (44%)	$4,252	711 (52%)	$3,983
2019-20	855 (65%)	$5,515	1,011 (77%)	$1,197	562 (43%)	$4,425	848 (64%)	$4,227
2020-21	573 (57%)	$5,659	869 (87%)	$3,721	471 (47%)	$4,442	604 (61%)	$3,322
2021-22	649 (57%)	$5,606	1,089 (96%)	$5,202	442 (39%)	$4,555	620 (54%)	$3,769
Average	888 (65.78%)	$5,214	485 (39.67%)	$2,172	529 (40.00%)	$3,691	760 (57.22%)	$4,532

^*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.

^**percentage of number of students receiving aids among all undergraduate students..

Student Loans

The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.

For the last 10 years, on average, 887 (65.00 % of students) get any students loan help and its average loan amount is $887.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	931 (73%)	$6,559	921 (72%)	$6,310	34 (3%)	$8,678
2014-15	1,005 (72%)	$6,440	1,005 (72%)	$6,263	20 (1%)	$8,903
2015-16	1,170 (74%)	$6,215	1,167 (73%)	$6,023	25 (2%)	$9,745
2016-17	888 (69%)	$6,227	878 (68%)	$5,946	29 (2%)	$10,644
2017-18	1,233 (75%)	$6,459	1,225 (74%)	$6,190	30 (2%)	$12,714
2018-19	963 (70%)	$6,038	948 (69%)	$5,540	47 (3%)	$11,983
2019-20	883 (67%)	$5,313	876 (66%)	$4,793	31 (2%)	$15,872
2020-21	430 (43%)	$5,535	420 (42%)	$4,792	24 (2%)	$15,311
2021-22	484 (42%)	$5,747	481 (42%)	$5,103	19 (2%)	$17,213
Average	887 (65.00%)	$6,059	880 (64.22%)	$5,662	29 (2.11%)	$12,340

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Scholarships, Grants, and Loan Trends at FAMU

All Undergraduate Students Financial Aid Over Time

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time