Florida atlantic university out of state tuition waiver

What it Really Costs

Depending on many factors including student and parent income and assets, the total cost of attendance may be less than the $24,775 published price if scholarship or grant aid is made available to you.

Net Price

The net out-of-pocket total cost you end up paying or financing though student loans is known as the net price. The reported FAU net price for in-state students is $11,451* for the 2019/2020 academic year. This net price includes housing and meal expenses.

Pell Grants and other Grant Aid

86% of Florida Atlantic University students received grant aid in 2019/2020. The average total aid amount was $10,467. 38 percent of students received aid in the form of Pell Grants from the U.S. Federal Government. The average Pell Grant awarded for 2019/2020 was $6,455. To apply for a Pell Grant to attend Florida Atlantic University, the first step is to fill out the Free Application for Federal Student Aid (FAFSA).

Average Net Price for In-State Students by Family Income

The average net total cost of attendance for different levels of family income after federal, state or local government, institutional grant and scholarship aid are awarded. Data last published for the 2019/2020 academic year.

Average Financial Aid Mix - $24,775 In-State Total Cost

CollegeCalc has estimated typical coverage of the annual in-state tuition and living expenses of $24,775. Breakdown is based on average grant aid and federal loan aid which will vary based on your family income.

Grants and Scholarships

58% - $10,467

Money granted to you by the U.S. Department of Education, Florida Atlantic University or other organizations. These are not loans and do not need to be repaid.

Federal Loans

28% - $5,033

Low interest student loans funded by the U.S. Department of Education. This amount will need to be repaid.

Out of Pocket

15% -  $2,657

Covered by family savings, work or private student loans which you will have to repay.

*Reported Average Annual Net Price for in state students receiving grant or scholarship aid reported to the U.S. Department of Education's Academic Year 2019/2020 IPEDS Survey. Financial aid is only available to those who qualify. Consult this school's net price calculator for further understanding of your potential net price.

Note that for colleges with no reported on-campus room and board, the average net price has been increased to account for living expenses. This number may not only reflect the net price paid to the school for tuition.

Cost of a Degree

When considering ability to pay for college, the annual cost is often discussed but it's the "all in" multi-year degree cost which matters in the end. Let's take a look at what it could really cost for four years at Florida Atlantic University.

Estimated 4 Year Cost at Published Tuition

At the current published rates, an estimated total tuition, fees and living expense price for a 4 year bachelor's degree at FAU is $99,100 for students graduating in normal time. This methodology for estimating the 4 year cost is a straight multiple of the most recent reported annual total cost and does not factor in tuition increases during the time you're in school. It also assumes you receive no grant or scholarship aid and pay the full list price.

A potentially more accurate but less conservative estimate of a degree cost can be made by using the school's annual $11,919 in-state net price as the basis. Applying this cost over 4 would estimate the cost of a degree at $47,676**

If you end up on the "five year plan" and need an additional year to graduate, your five year cost could be as high as $123,875 or $59,595 using an average net price.

**Based on a 4 year multiple of Average Annual Net Price for in state students receiving grant or scholarship aid reported to the U.S. Department of Education's 2019/2020 IPEDS Survey. Financial aid is only available to those who qualify. Consult this school's net price calculator for further understanding of your potential net price.

Other Costs

Estimated Cost Per Semester

Most colleges don't charge students on an annual basis but instead require payment semester by semester. If you ever need to take an additional semester of classes to complete you degree you shouldn't have to pay for a full academic year. These our estimated costs for a semester at Florida Atlantic University.

Cost Per Credit Hour and Cost for a Class

Some schools offer the ability to take single classes by paying on a per credit hour basis. The reported price per credit hour and estimated cost for one class at Florida Atlantic University are as follows. Per credit costs are for reference only as many schools will not allow students to pay by credit hour.

Sponsored by Cappex

Student Loans and Debt

The second consideration after understanding the cost of college is determining how to finance it. Some students are fortunate enough to have some form of family financial assistance, but student loans end up financing a significant portion of higher education in the U.S. 33% of Florida Atlantic University students receive U.S. Federal Student Loans with an average annual Federal Loan aid amount of $5,033.

Example Loan Payments and Costs

How much are student loan payments for Florida Atlantic University? Obviously this varies based on a number of factors - offsetting financial aid you receive, percentage of fee you pay upfront while enrolled and the interest rate on your loans. We've modeled a sample student loan based on current Stafford loan rates to give you an approximate idea.

The following are the costs for a loan if you borrowed $47,676, 100% of the estimated average net price for a four year program and paid nothing while enrolled. The total of all payments including interest would sum $57,192.26. This could be your effective total out of pocket cost of an education at Florida Atlantic University. Note that this calculation assumes you don't pay full list price tuition, are part of the reported 86% of students at this school who receive financial aid and you are paying an average annual net price of $11,919. If you do not financially qualify for a reduced net price, your student loan payments could be significantly higher than this example. Use our Florida Atlantic University student loan calculator below to change loan assumptions and recalculate.

Student loans are not free money and must be repaid. You cannot dismiss student loans by via bankruptcy.

Affording Student Loan Payments and Post Graduation Salary

Can I afford to attend FAU? In the end, the answer comes down a determination if you will earn enough to comfortably pay back a student loan with your post graduation salary. This is an extremely important point to consider. In order to afford student loan payments and still meet all your other costs of living, it is recommended not to borrow more than you can pay back using 10% of your monthly income earned after graduation. If you're considering attending Florida Atlantic University, you need to carefully consider if it will be realistic to make the post graduation loan payments based on your expected salary.

Using the 10% of salary threshold, an annual income of $57,192.26 would be needed to afford a $476.60 monthly payment in the example $47,676.00 loan modeled above. You will need to determine if it is at all realistic that you will be earning this type of salary after graduation. This assumes a loan payback over 10 years. You can change the terms of this example loan using the student loan calculator below.

Estimated Future Cost and Expected Tuition Increase

What will it cost to send your child to Florida Atlantic University in the future? Nationally, university tuition prices are rising around 5% per year. Looking out five, ten, fifteen or eighteen years, these are CollegeCalc's estimates how much you could expect to pay for a 4 year degree assuming tuition increases at the national average rate. Estimated future prices are based on the current in-state 4 year cost of $99,100.00. Use the college savings plan calculator below to perform a more comprehensive analysis on future costs and how much you will need to save for Florida Atlantic University.

Tuition History

What was tuition at FAU five, ten, fifteen or twenty years ago? Hop into our time machine and take a look. Pay attention to how aggressive the school has been with price increases in the past as it provides indication as to how the school may raise tuition in the next few years. Historical tuition and fees for all available data years back to 1987 follows.

Student Loan Calculator

Estimate Loan Payments

Modify the loan assumptions to fit your financial situation and likely tuition price. Then calculate your payoff and loan payments for a Florida Atlantic University student loan.

About Florida Atlantic University

For Profit / Not For Profit Status

Florida Atlantic University is a public not for profit institution. Public schools often represent the best value for your education dollar, especially when students qualify for in-state tuition.