A common goal of PCUF schools is to dispel the myth that a private college education is unaffordable. There are many scholarship and grant opportunities unique to each PCUF institution that can reduce a student’s costs to be competitive with state institutions. Scholarship opportunities may be available for domestic and international students.
What kind of aid is available for Florida residents?
The state provides a dollar amount for each Bright Futures level to be applied to private institutions.
In 2014, the state will provide $103 per academic credit hour (approx. $3090 per academic year) for Academic Scholars to use towards private college tuition. The state the state will provide $77 per academic credit hour (approx. $2310 per academic year) for Medallion Scholars to use towards private college tuition.
Each student also receives the Florida Resident Access Grant (FRAG) that can be applied to their costs. The award for FRAG for school year 2013-14 was $2,500.
All full-time undergraduate students who meet the Florida residency requirements are eligible to receive the Florida Student Assistance Grant (FSAG). For the 2014-15 academic year, the minimum annual award amount for FSAG is $200 and the maximum is $2,610. This grant is a need-based grant.
Families can use their pre-paid college fund savings towards tuition at a private school. The fund should contribute from $3,000-$4,500 per year based on the plan chosen.
What kind of aid is available for students who are not residents of Florida or citizens of the U.S.?
There are many scholarship and grant opportunities unique to each PCUF institution that can reduce a student’s costs. Please visit the websites of each individual PCUF institution for information on scholarships, grants and further financial assistance.