Tuition and Financial Aid 

Types of Financial Aid

There are a lot of great financial opportunities out there, and finding the right ones doesn’t have to be overwhelming. Our financial aid experts are eager to answer your questions and help you evaluate your options.

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University Scholarships

Gift aid includes any type of financial aid award that doesn’t require repayment. There are many types of gift aid available to Florida Poly students.

The Alexander Scholars program seeks motivated and dedicated high school students who have demonstrated excellence within their academic journey to date. Alexander Scholars receive a full tuition scholarship in addition to automatic admission to the Master’s Program provided students graduate in four or less years and have maintained a 3.4 GPA or higher.  In Fall 2021, Alexander Scholars had an average SAT score of 1540. 

Application Deadline: November 1st.

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For Fall 2022, Florida Poly will offer merit-based out-of-state scholarships designed to reduce the domestic out-of-state tuition for high-achieving students. Scholarships range between $5,000 - $17,500 per academic year and are based on academic merit. There is no separate application. All applicants who apply by January 1st are considered on the basis of academic merit. While applicants are reviewed holistically, the average SAT is usually 1350 (31 ACT) with outstanding high school math grades.

Application Deadline: January 1st.

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The Provost Scholars program seeks gifted and uniquely talented high school students who have demonstrated excellence within their academic journey to date. Provost Scholars receive a full tuition and fees scholarship paid over 4 years. Provost Scholars typically have SATs above 1330 partnered with strong performance in mathematics & sciences.

Application Deadline: November 1st.

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The Florida Poly Merit Scholars program seeks to identify students who will positively contribute to our campus culture and environment. There is not a separate application for these scholarships; all undergraduate applicants are considered on the basis of their full admission application and resources available. These scholarships start at $1,000 per year of attendance.

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The Florida Poly Nuclear Propulsion Pipeline Scholarship, the first of its kind across the U.S., is aligned with the qualification standards for the U.S. Navy's Nuclear Propulsions Officer Candidate (NUPOC) Program and seeks to identify and scholarship talented women and men who have the academic skills nad ambition to be considered for one of the U.S. Navy's most prominent programs. 

Contact Admissions for more information.

State Scholarships

Florida Poly students are approved to use Florida Bright Futures Scholarships as well as other forms of state scholarships and grants.

Florida Bright Futures is a state-funded program that awards college scholarships based on high school academic achievement. Florida Poly students are approved to use two of the program’s award levels: Florida Academic Scholars (covers 100 percent of tuition and fees), and Florida Medallion Scholars (covers 75 percent of tuition and fees).

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The José Martí Scholarship Challenge Grant fund is a merit and need-based scholarship. The scholarship is intended to financially assist students that are of Hispanic origin.

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Visit our external scholarship listing to learn about current scholarship opportunities or email us with any questions.

Federal Grants

The U.S. Department of Education offers a variety of federal grants for students with financial need. Grants, unlike loans, are a type of financial aid that generally does not need to be repaid, making them a great choice for covering college costs.

The Federal Pell Grant is available for students working on their first bachelor’s degree who demonstrate financial need. Award amounts are published by the U.S. Department of Education and are based on a student’s enrollment status. Pell Grant amounts are subject to change yearly and students may not receive a Pell Grant at more than one school at a time.

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The SEOG is awarded to Pell-eligible students who demonstrate exceptional need. It is important to complete your FAFSA as soon as possible because this grant is limited.

Award amounts will depend on the allotment that Florida Polytechnic University receives from the U.S. Department of Education and the number of students who demonstrate exceptional financial need.

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The IASG award is equal to the amount of a maximum Federal Pell Grant for the award year (July 1 through June 30), but cannot exceed your cost of attendance for that award year.

You may be eligible to receive the IASG if:

  • You are ineligible for a Federal Pell Grant based on your expected family contribution, but meet all other criteria to qualify for Pell
  • Your parent or guardian was a member of the U.S. armed forces and died as a result of military service performed in Iraq or Afghanistan after the events of 9/11
  • You were under 24 years of age or enrolled in college at least part-time at the time of your parent’s or guardian’s death.

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State Grants

The First Generation Matching Grant is a need-based award program funded by Florida Polytechnic University and the State of Florida. It is awarded to Undergraduate students pursuing their first Bachelor’s degree, and whose parents have not earned a Bachelor’s Degree.

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The FSAG program is a need-based grant program available to degree-seeking, resident undergraduate students who demonstrate substantial financial need.

Federal Work Study is a need-based grant, used to create part-time university jobs. Students that accept a position as a Federal Work Study are paid wages through this need-based grant, in exchange for working with Florida Polytechnic University.

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Florida Poly is approved by the Florida Department of Veterans Affairs to formally accept veteran benefits for disbursement to eligible students. This includes tuition benefits to the sons and daughters of veterans as well.

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Federal Loans

Student loans can help you cover the cost of your education but, unlike gift aid, the money borrowed must be repaid after you graduate.

Federal Subsidized Direct Stafford Loans are loans made to eligible undergraduate students who demonstrate financial need. The U.S. Department of Education will pay the interest on a Direct Subsidized Loan:

  • While you’re enrolled in school at least part-time
  • For the first six months after you leave school (referred to as a grace period)
  • During a period of deferment (a postponement of loan payments).

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Federal Unsubsidized Direct Stafford Loans are loans made to eligible undergraduate students. Unlike the Subsidized Direct Stafford Loan, a student does not have to demonstrate financial need to be eligible for the loan. Borrowers are responsible for paying all accrued interest on Unsubsidized Direct Stafford Loans. If you choose not to pay the interest during your deferment and forbearance periods, interest will accrue and be capitalized (added to the principal amount of your loan).

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Parent PLUS loans are federal loans that parents of dependent undergraduate students can use to help pay for college costs. Applicants must be the biological, adoptive or, in some cases, step-parent of the dependent student. The parent who applies must not have an adverse credit history in order to borrow a PLUS loan.

PLUS loans can help pay for education expenses not covered by other financial aid. Parents may borrow up to the University’s published cost of attendance, minus any other estimated financial assistance.

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If you’re a dependent student, you could be eligible for the following federal loan amounts:

Freshman Year $5,500.00
Sophomore Year $6,500.00
Junior/Senior Year $7,500.00

Dependent undergraduate students have the option to borrow up to $31,000.00 in combined subsidized and unsubsidized direct loans.

Private Loans

Private student loans are an alternative way to fund your education when other financial aid options are not possible. We recommend that students consider private loans only as a last resort. They may assist in covering your college expenses, but these loans also tend to have higher interest rates and stricter repayment options than federal loans.

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Beginning with out-of-state undergraduate first-year students admitted for the 2022-23 academic year, students with grandparents residing in Florida may be eligible for a waiver of the Non-Resident (out-of-state) fee. These waivers are limited and first-come, first-served.

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