The University of Florida provides cost-effective tuition rates. In-state students pay $6,381 for the 2023-24 academic year, well below the national average of $11,560. For out-of-state students, tuition is $28,658, slightly above the national out-of-state tuition average of $27,320. These figures include both tuition and other associated fees.
Tuition Fees & Other Expenses
The cost of attending the University of Florida varies depending on your residency and whether you’re an undergraduate or graduate student. For in-state undergraduates living on campus in the 2023-24 academic year, the total budget is around $23,150. This covers tuition, books, transportation, and living costs. Out-of-state undergraduates, whether on or off-campus, should budget for approximately $45,428.
For graduate students, the cost varies. In-state graduate students on campus might spend about $31,100, which includes tuition, books, transportation, and living expenses. Out-of-state graduate students off-campus should plan for around $53,234. These are rough estimates, so your actual expenses may differ.
Financial Aid
Financial aid is a valuable resource for students to finance their education. Need-based aid is determined by factors like your family’s financial situation and is assessed through the FAFSA. On average, first-year students at the University of Florida receive $11,518 in need-based scholarships or grants. Additionally, 64% of first-year students received need-based financial aid in fall 2021, which often includes federal loans and work-study programs.
Merit-based aid, awarded for academic or talent achievements, also plays a role. First-year students at the University of Florida typically receive $3,647 in non-need-based scholarships or grants, excluding athletic scholarships.
Student Loan Management
Effective student loan management is crucial for your financial future. At the University of Florida, undergraduate degree completers typically have a median federal loan debt of $15,000. Graduates can anticipate a monthly federal loan payment of around $159, calculated on a 10-year repayment plan with 5.05% interest. A mere 3% of graduating students opted for private loans, incurring an average debt of $26,350.
Scholarships at UF
Scholarships provide valuable financial support without the burden of repayment. They come in two main types: need-based, awarded based on financial need, and merit-based, granted for academic or other achievements. Some scholarships can cover both tuition and living expenses. A selection of scholarships available at UF includes:
• Presidential Scholarships: UF offers merit-based Presidential scholarships for high-achieving students, including the Presidential Scholarship ($5,000 per year), Presidential Gold Scholarship ($8,000 per year), and Presidential Platinum Scholarship ($10,000 per year), all of which can amount to a total of $20,000 to $40,000 over four years. These scholarships can be combined with Bright Futures and the Benacquisto Scholarship from the Florida Department of Education.
• Out-of-State Tuition Waiver: UF provides merit-based tuition waivers to reduce out-of-state tuition costs for selected students, such as the Alumni Scholarship (up to $8,000 per year), Sunshine Scholarship (up to $16,000 per year), and Gator Nation Scholarship ($10,000 per year). It’s important to note that if a student’s residency changes to in-state for tuition purposes, they may no longer be eligible for these waivers.
• Admissions Honors Scholarship: Students invited to join the University Research Scholars Program receive a $2,000 residential tuition waiver, applicable to both Florida residents and non-residents, without considering tuition classification. This scholarship can be combined with other merit-based scholarships but may affect Florida PrePaid accounts.
Additional Scholarships:
• Bright Futures Scholarships: Offered by the Florida Department of Education for high school graduates.
• National Merit Finalists/Benacquisto Scholarship: UF provides a $500 annual National Merit Scholarship and qualifies as a college-sponsored scholarship under the Benacquisto Scholarship, covering the remaining cost of attendance for in-state residents.
• John V. Lombardi Scholarship: Available for students demonstrating intellectual curiosity, creativity, civic responsibility, and leadership potential, offering stipends and summer enrichment experiences.
• Stamps Scholarship: Partnered with the Stamps Scholars Program, it provides four-year scholarships with leadership and cultural experiences.
• Machen Florida Opportunity Scholars: Supports first-generation, low-income students with financial aid and comprehensive support.
• Grandparent Waiver of Out-of-State Tuition and Fees: Out-of-state students with Florida-resident grandparents may qualify for a waiver of out-of-state tuition and fees.
UF Students can access financial aid counseling services via phone at (352) 392-2244, through the virtual OneStop platform, or in person at the OneStop lobby in Criser Hall from 9:00 am to 4:30 pm.
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FAQs
Q : How much is the tuition for in-state students at the University of Florida?
A : The tuition for in-state students at UF is $6,381 for the 2023-24 academic year.
Q : What types of scholarships are available for UF students?
A : UF offers various scholarships, including Presidential Scholarships, Out-of-State Tuition Waivers, and need-based scholarships like the Machen Florida Opportunity Scholars program.
Q : How can I contact UF’s financial aid services for assistance?
A : You can reach UF’s financial aid services by phone at (352) 392-2244, via Zoom at the OneStop, or by visiting the OneStop lobby in Criser Hall during their business hours.
Chris Zasada
Chris is a Midwest Transplant that has lived in South Florida since 1999. While he likes to remain active and is an avid sports enthusiast, he's become our go-to provider of reviews of any establishment serving food and booze!