The burden of paying for a quality college education is much lower for Florida Polytechnic University students than for those attending many other universities in the country.
The author of a report by My eLearning World, an online resource offering coverage about various aspects of digital education, said Florida Poly students work about 77% fewer hours than the average American college student at minimum wage to pay for a year of tuition and fees at a public university.
According to the report, the average American college student must work an average 2,022 hours annually – or 39 hours per week – at minimum wage to pay for a year of tuition and fees at a public university. That number increases to about 4,646 hours per year at a private institution.
In contrast, Scott Winstead, founder and editor in chief of My eLearning World, said Florida Poly students would have to work only 449 hours annually – or nine hours per week – to pay for a year of school at minimum wage. That’s only about 23% of the national average for those attending a public institution.
“Annual tuition at Florida Poly is certainly very affordable, even for those at a minimum wage job in many cases,” Winstead said. “For Florida Poly students, this means they won’t have to stress as much about working long hours or taking out huge loans to pay for school, whereas if they attended other Florida-area colleges, they would have to work 77% more hours on average to pay for school.”
The cost of tuition and fees at Florida Poly for undergraduate Florida residents is $4,940 per year. This is compared to an average tuition and fees of $6,370 for in-state students in Florida, and $10,940 nationally, according to the report. The University was ranked No. 7 nationally in cost and financing in October 2022 by WalletHub.
“Florida Poly is by far the most affordable university in the country for the degrees and quality offered. This is further validation that Florida Poly provides a cutting-edge STEM education to some of the brightest minds in Florida and beyond, and it does so at an incredible value,” said Dr. Ben Matthew Corpus, vice provost for enrollment management at the University.
Additionally, more than 85% of Florida Poly students receive aid from the University, bringing student costs down even more.
“As the No. 1 public college in the Southern United States, Florida Poly is delighted to be able to offer students such a strong hands-on engineering and applied sciences curriculum at an affordable price,” said Dr. Randy K. Avent, Florida Poly’s president.
For the most recent University news, visit Florida Poly News.