UCF financial aid offers various forms of financial assistance open to forthcoming and current students.

The cost of attending college can be expensive and unaffordable for some students. Some studies also revealed that several students had to drop out at some point.

During the 2016-2017 school year, about 85% of first-time undergraduate students pursuing a four-year degree required financial aid to assist them in paying for their higher education.

Grants and scholarships offered by ucf financial aid are offered to forthcoming and current students. are granted to students based on monetary requirements or credit and do not have to be paid back. Work-study programs are also accessible for students who desire to attain work experience as well as lower their education costs.

Student loans are also accessible through ucf financial aid offers various forms of financial aid open to forthcoming and current students, but repayment is necessary.

UCF financial aid

How to get ucf financial aid

Grants are mostly given out depending on the monetary requirements, while scholarships are generally based on credit and can be awarded for things like strong academics, sports, or merit in specific fields of study.

Kindly note that ucf financial aid covers the following options that are accessible :

  • Grants
  • Scholarships
  • Need-based non-resident waivers
  • Student employment
  • Loans

Student employment and work-study programs enable you to work either on- or off-campus to receive money toward your cost of attendance (COA) at UCF.

Student loans from UCF financial aid are always the last resort, as they will be required to be paid back. However, repayment of is generally postponed until graduation or when a student drops below half-time status.


The COA is the cumulative cost to go to college, comprising tuition, fees, room and board, books, transportation, and personal expenses.

Going to UCF is cheaper for Florida residents, but dwelling at home with a parent or relative can also reduce the COA.

This is the break down of the calculated COA at UCF for the 2019–2020 school year :

  • Undergraduate resident student living at home: $17,712
  • Undergraduate resident student living on- or off-campus: $22,134
  • Undergraduate non-resident student living on- or off-campus: $37,160
  • Online undergraduate resident student living on- or off-campus: $21,208
  • Online undergraduate non-resident student living on or off-campus: $26,938

Costs can differ for each individual, as your personal expenditures may be increased or meagerer. Knowing the calculated COA is essential when you are rationing and seeking financial aid to help you afford college.


The main step in getting financial aid at the University of Central Florida, or any college, is completing the Free Application for Federal Student Aid (FAFSA).

The FAFSA is required to be filled out every year and deduces your qualifications for federal, state, and university-based financial aid that is dependent on financial need, comprising grants and work-study programs.

To be eligible for state aid as an inhabitant within the state of Florida, you will also be expected to fill out the Florida Financial Aid Application (FFAA) and submit it to the Office of Student Financial Assistance (OSFA). Florida gives both grant and scholarship openings to resident students pursuing higher education at schools within the state, such as UCF.

You can moreover apply for scholarships that do not rely on your financial situation. Scholarships are given through UCF’s particular colleges and are awarded based on academic accomplishment, work background, community interest, and leadership positions.

Your high school counselor can assist you in discovering local scholarship alternatives through nonprofit and community organizations. The scholarship listings details through the University of Central Florida can also be a helpful tool.


By completing your FAFSA and FFAA on time, you can be eligible for federal, state, and/or institutional aid. These submissions will specify if you are qualified for grants, work-study programs, or federal loans.

You can qualify for the following grants at UCF:

  • Federal Pell Grant: This is given to undergraduate students who indicate financial need. For the 2019-2020 educational year, the grant gives a principal amount of $6,195 per year to pay for college expenditures. The amount fluctuates yearly.
  • Federal Supplemental Educational Opportunity Grant (FSEOG): This is given to students with the severe monetary requirements. It is given out through the school on a first-come, first-served basis. Funding ranges from $100 to $4,000 per year.
  • Florida Student Assistance Grant (FSAG): The state of Florida gives out this grant program to resident students with monetary requirements attending a Florida post-secondary school. The least annual award amount is $200.
  • First Generation Matching Grant Program (FGMG): Florida state universities and colleges give this award to resident undergraduate students who are regarded as first-generation college students and indicate monetary requirements.
  • TEACH (Teacher Education Assistance for College and Higher Education) Grant: This federal award is granted to students pursuing a career in teaching who concede to a term of service upon completion. The program can offer up to $4,000 per year to eligible students.
  • UCF Grant: UCF grants this award to students with significant monetary requirements who attend school full-time and meet the Standards of Satisfactory Academic Progress.
  • UCF Scholars Award: This campus-based award is provided to full-time undergraduate students with monetary requirements who also do well academically in UCF classes.
  • Charge On! 15 Grant: UCF offers this award to students with monetary requirement who retain at least a 2.5 GPA and are enrolled in 15 credits in the fall and spring semesters.


If you are not eligible for awards or scholarships or have depleted all of your alternatives, student loans can cover the difference.

While federal student loans often give the most applicable terms, private lenders are also accessible. Your eligibility for federal loans is indicated on your FAFSA.

Sponsored federal direct loans are given to students who indicate monetary requirements. Under subsidized loans, interest does not accumulate while you are in school or during the grace period after graduation, leaving school, or dropping below half-time student status. Interest rates, deferment alternatives, repayment terms, and loan forgiveness options are also extended through federal student loans.

The U.S. Department of Education gives unsubsidized loans to both students and parents of students (PLUS loans). While private lenders also give unsubsidized loans, the terms and benefits may vary. With an unsubsidized loan, you will require a credit check. Those with impressive credit ratings and income-to-debt ratios are given favorable rates.

It’s crucial to examine all award and scholarship alternatives before taking out federal or private loans to guarantee the meagerest debt accretion. If loans are required, UCF gives a loan comparison chart to enable you to better understand the types of loans given.

Check out other Scholarships: