The affordability of college is dependent on the cost of attendance, families' financial resources, and the financial aid available from federal, state, and other sources. This report examines college affordability for students who applied for federal financial aid. Less than half of all students (35%) apply for federal aid. In addition to federal aid, students are eligible for and receive aid from a variety of other sources, such as Bright Futures and other state and local programs.
Available data for federal financial aid applicants in Fiscal Year 2000‑01 indicates that a high percentage of these students had "unmet financial need" as defined by state and federal financial aid programs. A higher percentage of community college students than university students had "unmet need"; these students faced lower college attendance costs than university students but also had fewer financial resources. Low-income applicants typically received more financial aid than applicants with higher family incomes.

Legislature Increases FRAG Awards; Residency Determination Rules Improved
Report 06-57 August 2006
The State Has Several Options Available When Considering the Funding of Higher Education
Report 04-54 August 2004
Stronger Financial Incentives Could Encourage Students to Graduate With Fewer Excess Hours
Report 04-44 June 2004
Florida Universities' Tuition and Fees Slightly Below Peers, But All Costs Consume a Higher Percentage of Family Median Income
Report 04-12 February 2004

Copies of this report in print or alternate accessible format may be obtained by email OPPAGA@oppaga.fl.gov, telephone (850) 488-0021, or mail 111 W. Madison St., Room 312 Tallahassee, FL 32399-1475.