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Did U Know?

Florida's Public Universities Have the Lowest Cost of Earning a Degree in the Nation Expand for More Information

Florida's Public Universities Have the Lowest Cost of Earning a Degree in the Nation

Did U Know? The College Board’s “Annual Trends in College Pricing” report confirmed that the cost of a bachelor’s degree at Florida’s public universities has been the lowest in the country for three consecutive years. U.S. News & World Report also ranked Florida as No. 1 for tuition and fees and the No. 1 state for higher education overall since its inception in 2017.

What does this mean for you? With a continued emphasis on affordability, the average State University System student pays $270 for a bachelor’s degree after factoring in Florida’s investment in financial aid, marking the sixth consecutive year of decline. Within the SUS, over 17,000 fewer resident undergraduate students took out loans in 2020-21 compared to 2019-20, while 77% of resident undergraduate students did not take out any loans. Increased financial aid, increased graduation rates, and consistently low tuition have resulted in fewer resident undergraduates taking out loans and lower loan default rates.

Bottom line? The State University System is a good return on investment.

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