At $15,847/yr net price, Florida Agricultural and Mechanical University graduates earn $44,349/yr within 10 years of enrollment, which is $10,349/yr above the median for high school graduates.
Cost vs. Outcomes
| Metric | Value |
|---|---|
| Average Net Price (per year) | $15,847 |
| Estimated 4-Year Cost | $63,388 |
| Median Earnings (10yr post-entry) | $44,349/yr |
| Earnings Premium vs. HS Diploma | +$10,349/yr |
| Estimated Break-Even | 6.1 years |
| Graduation Rate (6-year) | 51.9% |
| Median Debt at Graduation | $23,548 |
What You'll Actually Pay
Average net price by family income
| Family Income | Estimated Net Price |
|---|---|
| $0 - $30,000 | $13,203/yr |
| $30,001 - $48,000 | $13,574/yr |
| $48,001 - $75,000 | $17,489/yr |
| $75,001 - $110,000 | $19,721/yr |
| $110,001+ | $21,999/yr |
Earnings by Major
Top programs ranked by median earnings
| Program | Level | Median Earnings | Median Debt |
|---|---|---|---|
| Pharmacy, Pharmaceutical Sciences, and Administration. | Certificate | $120,124 | |
| Pharmacy, Pharmaceutical Sciences, and Administration. | Doctoral | $100,626 | |
| Rehabilitation and Therapeutic Professions. | Doctoral | $71,015 | |
| Construction Engineering Technologies. | Bachelor | $61,814 | $31,000 |
| Rehabilitation and Therapeutic Professions. | Master | $59,417 | $79,326 |
| Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing. | Bachelor | $58,919 | $21,353 |
| Allied Health Diagnostic, Intervention, and Treatment Professions. | Bachelor | $56,979 | $26,750 |
| Computer and Information Sciences, General. | Bachelor | $53,608 | $23,125 |
| Business Administration, Management and Operations. | Master | $52,107 | $38,655 |
| Architecture. | Master | $49,136 |
The Risk Factor
51.9% of students at Florida Agricultural and Mechanical University graduate within 6 years. More than half of students finish, but the dropout rate is a real factor in whether this investment pays off.
Analysis
Florida A&M gives you a mixed financial return. At a net price near $16,000 a year and median debt under $24,000, the borrowing stays manageable, but median earnings of $44,349 ten years out sit low for a public university. The gap between your degree and your paycheck depends heavily on what you study.
Your major decides everything here. Construction Engineering Technologies grads earn nearly $62,000, and nursing pays close behind at $58,919 with the lowest program debt on the list, about $21,000. Both feed directly into Florida's building and healthcare job markets. Allied health and computer science also clear the school's median comfortably. Accounting is the weak spot among top programs, landing at $44,170, right at the campus median, so a degree in it earns you no premium over the typical FAMU graduate.
The main risk is landing outside these strong fields. The 51.9% graduation rate means roughly half of you won't finish in the expected window, and debt without a degree is the worst outcome at any school. The 86% retention rate is a bright spot, so most of you make it past year one. Construction Engineering Technologies carries the highest program debt at $31,000, so weigh that against its top earnings before committing.
FAMU fits you if you enroll in nursing, engineering technology, allied health, or computer science and plan to work in Florida. If you want a general or accounting degree and expect strong pay, look harder at the numbers first.
Net price rises steeply with income. If your family earns under $48,000, you pay around $13,000 a year. Cross into the $48,000-$75,000 band and it jumps to $17,489, then climbs to nearly $22,000 above $110,000. Lower-income families get the clearest deal here. middle earners see the sharpest cost increase.
Frequently Asked Questions
Is Florida Agricultural and Mechanical University worth the cost?
FAMU's value depends heavily on your major. Pharmacy graduates earn $100,000-$120,000 annually, making the $23,548 median debt manageable, but the overall 10-year earnings average of $44,349 is below the national average for college graduates.
What are the highest paying majors at Florida Agricultural and Mechanical University?
Pharmacy programs at FAMU lead to the strongest financial outcomes, with graduates earning $100,000-$120,000 annually. Rehabilitation and therapeutic professions ($59,000-$71,000) and construction engineering technology ($61,814) also offer solid returns on investment.
How much debt do Florida Agricultural and Mechanical University graduates have?
FAMU graduates carry a median debt of $23,548, which is reasonable compared to national averages. However, with overall graduate earnings averaging $44,349 after 10 years, debt-to-income ratios can be challenging outside of high-paying programs like pharmacy.
Does Florida Agricultural and Mechanical University have good graduation rates?
FAMU's 52% graduation rate is concerning and well below the national average for four-year universities. This means nearly half of students don't finish their degrees, creating financial risk without the benefit of a completed education.