Florida Agricultural and Mechanical University

In 2022, tuition for full-time students at FAMU was $4,554 a year for in-state students and $16,500 a year for out-of-state students.

On average, colleges raise tuition about 3% each year.

If this information makes going to college seem daunting, remember, the total cost of tuition isn't necessarily what you will have to pay to attend a school. Many students owe way less than the sticker price after grants, scholarships, and tuition discounts are applied. Plus, student loans can make thecost of college feel more doable until you've finishing school and found a job.

Tuition for international students at Florida Agricultural and Mechanical University is $16,500 per year.

Florida Agricultural and Mechanical University meets 53% of the demonstrated financial need for undergraduates. First-year students that attend Florida Agricultural and Mechanical University full-time are awarded $13,476 a year in financial aid, on average.

The average student debt for graduates in the class of 2023 was around $23,431 per student, not including those with no debt.

Does Florida Agricultural and Mechanical University Offer In-State and Out-of-State Tuition?

Florida Agricultural and Mechanical University is a public, state institution, so it offers a reduced tuition rate of $4,554 for in-state students who attend full-time.Non-Florida residents can expect to pay 16,500 per year for tuition.

Public schools receive funds from the state to help them cover costs. Public insitutions often offer reduced tuition for students who are residents of that state.

Attending a school where you are eligible for in-state tuition can save students a lot of money on the total cost of attending college. Don't forget to check your state's eligibility criteria for in-state tuition. Each state has different requirements to qualify as in-state resident. Most states require students to have resided in the state for a certain period of time before qualifying. There may be additional requirements as well, depending on the state you and your parents currently live in.

Explore other Florida colleges

Do International Students Pay More to Go to Florida Agricultural and Mechanical University?

Florida Agricultural and Mechanical University has the same tuition for international students as for those from out of state.

International students at Florida Agricultural and Mechanical University can expect to pay around $16,500 per year, before any scholarships, grants or other financial aid.

Students from outside of the U.S. usually do not qualify for for loans or grants from the U.S. government, but may qualify for private or school-specific aid and scholarships.

International students without financial need may be eligible for merit-based institutional scholarships and athletic awards.

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Florida Agricultural and Mechanical University Housing Expenses, Fees, and More

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In addition to tuition, room and board, books, transportation and fees are also costs it consider when budgeting for college. Let's take a look at what impacts these costs, and what to expect at Florida Agricultural and Mechanical University.

Room and Board Costs at Florida Agricultural and Mechanical University

Housing and campus dining at Florida Agricultural and Mechanical University is $11,644 a year. This covers the cost of living in dorms or other on-campus housing, and a dining plan that enables you to eat in the Florida Agricultural and Mechanical University's on-campus cafeterias and dining halls.

Board costs can depend on how many meals are included in the plan you choose.

Cost of Books at Florida Agricultural and Mechanical University

The cost of books often surprises first-year college students. The actual cost of books depends on the courses you take and what kinds of books and materials they require. To save money, many students choose to use books from the library or buy books from students who have already taken the course.

Annual Fees

Most schools charge some yearly fees to help cover the cost of facilties, like the library, gym and computer labs.

Keep in mind, there could also be optional fees associated with participating in certain activities, like Greek Life, or playing on an intramural sports team. Many schools have ways so that those with demonstrated need to find ways to lower or eliminate these costs.

Planes, Trains, and Automobiles: Transportation costs at Florida Agricultural and Mechanical University

The total cost of getting around in college depends on a few key factors. Will you take a subway, car or an airplane to get to school? Is on-campus parking free, or will you need to budget for parking? Is the campus easy to get around on foot? Do you own a car, or are you planning to use public transportation? All of these factors can drastically impact your transportation budget. Keeping in mind, first-year students are not allowed to park a car on campus.

A school's location can impact your transportation budget. Small, rural schools may be easier to get around, but the cost of getting to campus may be higher. On the flip side, getting around in a city could be expensive, but cities may offer more trains, busses or low-cost flight options to actually get to school. The Florida Agricultural and Mechanical University campus is located in a city in Florida, near Jacksonville.

Other Costs

When creating a budget for college, don’t forget to factor in the cost of things like entertainment, clothes, furnishings and toiletries.

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Total Tuition and Expenses at Florida Agricultural and Mechanical University

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Now, let’s look at the breakdown of all expenses, to get a better idea of how much students can expect to shell out for Florida Agricultural and Mechanical University.

How Much Does Florida Agricultural and Mechanical University Cost?

What will the cost of attending Florida Agricultural and Mechanical University be? Here is a breakdown of tuition and expenses.

2023 Total Tuition and Expenses
In-state Tuition	$4,554
Out-of-State Tuition	$16,500
Room and Board	$11,644
Other expenses	$4,230

The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.

Tuition and fees may vary depending on program, course level, location, and more.

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Financial Aid at Florida Agricultural and Mechanical University

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The majority of Florida Agricultural and Mechanical University undergrads use financial aid to to cover the cost of tuition. In 2023, 4,898 of the 7,301 undergrads enrolled received financial aid. Florida Agricultural and Mechanical University meets 53% of the demonstrated financial need for undergraduates.

The average financial aid package for a full-time, first-year student is around $13,476 a year. Around 79.7% of Florida Agricultural and Mechanical University undergrads take out student loans to cover any remaining costs. Florida Agricultural and Mechanical University graduates who have student loans graduate with an average of $23,431 of student loan debt.

The average debt for each loan type varies.

Average Debt By Loan Type
Federal Loans	$22,294
Private Loans	$22,392

Most Common Loans for Florida Agricultural and Mechanical University Students
Federal Loans	79.4%
Private loans	4.3%

Most students take out institutional or government loans, because they tend to have lower interest rates and more flexible repayment options than private loans. Loans from the federal government can be subsidized or unsubsidized. Subsidized loans do not accrue interest during school, while unsubsidized loans begin accruing interest at the time the loan is issued. If students do no qualify for enough federal loans to cover the cost of tuition, some take out private loans. Parents can also take out ParentPLUS loans, which are government loans for parents who are helping their children pay for college.

The Free Application for Federal Student Aid (FAFSA) helps colleges determine how much financial need students and their familes have, so they can offer a financial aid package that meets, or come close to meeting, their need. For more information on Florida Agricultural and Mechanical University financial aid, keep reading, or visit their financial aid website.

Scholarships at Florida Agricultural and Mechanical University

Some students may receive grants and scholarships to help pay for college. Unlike loans, scholarships and grants do not have to be paid back.

In 2023, Florida Agricultural and Mechanical University awarded 4,028 need-based scholarships to students, giving away total of $29.9 million to help students with financial need cover the cost of school. An additional $13.83 million in merit-based scholarship money was awarded to students without demonstrated financial need.

Net Cost of Florida Agricultural and Mechanical University

The net price of college is the actual cost of attending a school for one year. Net cost is calculated by subtracting any scholarships, grants or other aid that does not need to be paid back from the total cost. Student loans are not part of the calculation, because they need to be repaid.

Now that we have a sense of the total estimated costs for Florida Agricultural and Mechanical University students, we can subtract the average financial aid package to find the estimated net cost. Net cost can vary depending on a students’ need and the financial aid award received.

When considering whether a school fits your budget, it is important to consider the estimated net cost, not just the sticker price of tuition. Often, schools with the highest tuition also offer the most generous aid packages, so estimate your net cost before eliminating a school because it does fit your budget.

The average amount of financial aid received by a full-time first year student with demonstrated need at Florida Agricultural and Mechanical University was $13,476 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Florida Agricultural and Mechanical University seem more manageable.

Estimated Net Cost for Full-Time Students
In-State, On-Campus	$-5,246
Net In-state, Off-campus	$-7,644
Out-of-State, On-Campus	$20,176

Note: a negative number can indicate that a refund will be given to use toward other expenses such as housing, fees, and books. In such cases, be sure to reach out to the school directly for any clarification or questions.

What will attending Florida Agricultural and Mechanical University really cost you? The answer depends on several factors.

As of 2011, colleges are required to have a net price calculator on their website to help prospective students and their families make more informed decisions about the actual cost of attending that school, based on their financial situation. You can find the Florida Agricultural and Mechanical University's net cost calculator on their website.

Florida Agricultural and Mechanical University Tuition Payment Plans

Some students choose to use payment plans to make the cost of tuition fit more comfortably in their budget.

Students cannot pay tuition in installments. Contact the financial aid office to verify this and discuss options.

FAMU Tuition Waivers

Schools sometimes offer tuition waivers to certain groups, to make attending more affordable. Some schools offer tuition waivers for employees and their family members, underrepresented students, or military students. Even with a tuition waiver, other expenses and fees are the responsibility of the student.

Check the financial aid website for more information on payment plans and tuition waivers.

Florida Agricultural and Mechanical University's Endowment

An endowment is the total value of a school's investments, donations, and assets. Endowment is not necessarily an indicator of the quality of a school, but it can give you a sense of how much money a college can afford to invest in expanding programs, improving facilities, and supporting students.

As of 2022, the total market value of Florida Agricultural and Mechanical University's endowment was $92.9 million. The average college endowment was $905 million in 2021. For each full-time student, Florida Agricultural and Mechanical University spends about $10,117 a year.

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Learn More About Florida Agricultural and Mechanical University

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