by our College Data Analytics TeamMost college students will not be charged the full price tag of a school. Instead, they will be offered a financial aid package that includes a combination of loans, grants, scholarships and possibly work-study opportunities.
Discover the financial aid possibilities at Full Sail University and learn what assistance you might qualify for by continuing to read.
$8,783.00 is the typical Full Sail University’s first year financial aid package. 80% of reshman students get financial aid, most of which is in the form of loans
Loans are a part of financial aid plans, but the only true college discount is a scholarship or grant that you don’t have to repay.
Concerned about the student loans that might be part of your financing deal? Look at the average amount of debt per student at Full Sail University.
Institutional scholarships and grants refer to financial aid provided directly by a college or university to support students in covering their educational expenses. These awards can be either merit-based or need-based and do not require repayment. Merit-based institutional scholarships reward students who have demonstrated exceptional academic achievements, talents, or skills in specific areas. Such scholarships often take into account a student’s high school performance, standardized test scores, or extracurricular activities. On the other hand, need-based institutional grants are allocated to students who exhibit financial need. The amount awarded is usually determined by the student’s family’s financial circumstances and aims to cover the difference between the cost of attendance and the family’s capacity to pay. To assess eligibility for need-based grants, colleges and universities may use information from the Free Application for Federal Student Aid (FAFSA) or other financial aid forms. Institutional scholarships and grants play a crucial role in assisting students, as they can considerably lower the cost of college and make higher education more attainable.
The next numbers refer to grants and scholarships mainly supplied by the college itself.
52% of incoming freshmen (1775 total) were given scholarships at Full Sail University, averaging $7,405.00 per student. This puts it in the top 50th percentile among colleges and universities nationwide.
In addition to scholarships, 58% of first-year students (1975 total) got federal grant aid, averaging $4,751.00 per person.
Amount of Financial Assistance Per Income Level
Amount of Financial Assistance Per Income Level
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 42.47% | $8,025.00 |
| Income 30k-48k | 10.56% | $9,898.00 |
| Income 48k-75k | 6.74% | $9,363.00 |
| Income 75k-110k | 4.14% | $7,051.00 |
| Income 110k + | 4.52% | $8,510.00 |
The table above displays students who are getting Title IV aid, federal aid from the government including loans, grants or work-study. Get more info on Title IV here.
2606 Full Sail University undergrads obtain grant aid (this is about 80% of the entire undergraduate student population). The average amount these students receive is $8,783.00.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
More about our data sources and methodologies.