Cost Details
- In-State Tuition
- $19,110
- Out-of-State Tuition
- $19,110
- Average Net Price
- $18,675
- Students Receiving Financial Aid
- 66.2%
- Room & Board (On Campus)
- $9,656
- Room & Board (Off Campus)
- $14,000
- Books & Supplies
- $2,600
- Total Cost of Attendance
- $31,366
- Median Debt at Graduation
- $30,063
- Estimated Monthly Loan Payment
- $319/mo
- Loan Repayment Rate
- 19.7%
- Students Taking Federal Loans
- 55.3%
- Pell Grant Recipients
- 66.2%
Net Price by Family Income
Average annual net price after grants and scholarships. Source: U.S. Department of Education
| Family Income | Average Net Price |
|---|---|
| $0 – $30,000 | $17,963 |
| $30,001 – $48,000 | $18,120 |
| $48,001 – $75,000 | $20,200 |
| $75,001 – $110,000 | $21,406 |
| $110,001+ | $27,605 |
Cost Estimator
Cost Overview
Most families at Florida Memorial pay around $18,675 per year after aid, far below the $31,366 sticker price. Low-income families earning under $30,000 pay just $17,963 annually. Costs rise steadily with income, reaching $27,605 for families earning over $110,000. Over four years, expect to pay between $72,000 and $110,000 depending on your family's finances.
This historically Black university serves a population where 66% qualify for Pell Grants. Students graduate with a median debt of $30,063, translating to monthly payments of $319. That payment eats into the typical $36,624 graduates earn ten years after leaving. Only 20% of borrowers successfully pay down their loans. The 55% who take federal loans often struggle with repayment despite a 93% employment rate.
Families earning under $48,000 get the best financial deal here, paying roughly the same amount regardless of their exact income level.
This historically Black university serves a population where 66% qualify for Pell Grants. Students graduate with a median debt of $30,063, translating to monthly payments of $319. That payment eats into the typical $36,624 graduates earn ten years after leaving. Only 20% of borrowers successfully pay down their loans. The 55% who take federal loans often struggle with repayment despite a 93% employment rate.
Families earning under $48,000 get the best financial deal here, paying roughly the same amount regardless of their exact income level.
Official Net Price Calculator
Get a personalized cost estimate from Florida Memorial University:
Visit Official Net Price CalculatorThis links to the school's federally-required net price calculator for a personalized estimate.