Florida Adds Up Cost for University Degrees

CAPITAL, TALLAHASSEE, April 10, 2017……… The average “net” cost for students earning baccalaureate degrees at Florida universities last year was $14,820, according to a new measurement that will be used to evaluate the schools this summer.

The net cost represents tuition, fees and textbook expenses offset by scholarships and grants. In the 2015-16 academic year, the costs for earning a degree with 120 credit hours of classes ranged from $5,920 at New College of Florida to $18,790 at Florida Gulf Coast University, according to the university system’s Board of Governors.

The average system-wide cost has declined 2 percent since the 2013-14 academic year, when it was $15,110.

The board agreed to switch from a “cost to the institution” measurement for awarding bachelor’s degrees to a “cost to the student” in November. The new student-cost metric was included in the board’s annual system-wide accountability report, which was approved on March 30.