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For-profit College

Florida Academy

For-profit College in Fort Myers, FL.

Verdict Profile in progress
Florida Academy · Campus
Median debt at grad
$6,333
Federal loan default
0%
Green Flags
  • ✓ 3-year loan default 0.0% — below national benchmark
Red Flags

Academics

Full-time retention
74%
Transfer-out rate
—
Student:faculty
10:1

This institution reports no six-year graduation rate. The federal measure only follows first-time, full-time students, so schools built around part-time or transfer enrollment often fall outside it entirely. 74% of full-time first-years come back for year two, so about one in four are gone before sophomore year. At 10:1, students get materially more instructor contact than at a typical public university. This is a for-profit short-program school. That is not disqualifying, but it does mean verifying accreditation, transferability of credits, and job-placement claims directly rather than trusting the category. This is a small school — 833 undergraduates — so cohorts are tight and the program list is necessarily short.

Financial Aid

Average net price
$15,147
Full-time, first-time undergraduates paying the in-state rate who were awarded grant or scholarship aid
% receiving grants
29%
degree- or certificate-seeking undergraduates
% receiving federal loans
11%
degree- or certificate-seeking undergraduates

IPEDS Student Financial Aid · 2023-24 · grant and loan rates against 540 degree- or certificate-seeking undergraduates

Students pay an average of $15,147 annually once grants are applied. Net price varies modestly by income — $15,470 at $0–30k against $17,921 at $75–110k — so the average is a fair guide for most families. 29% get grants, which means the net price above will not apply to most applicants. Federal borrowing is uncommon here at 11% of students.

Entering first-year students

A different, smaller group than the rates above: full-time students in their first year of college anywhere. The grant series here also excludes the "other sources" counted in the all-undergraduate figure, so the two are not comparable.

% receiving grants
24%
Average grant
$4,024

IPEDS Student Financial Aid · 2023-24 · 206 students

Net price by family income

The same students as the headline above, limited to those who received Title IV federal aid — a narrower group, with a lower overall average. IPEDS publishes no combined figure across these bands, so they should not be averaged into one.

Family income band Average net price
$0–30k $15,470
$30–48k $14,587
$48–75k $15,059
$75–110k $17,921
$110k+ —

IPEDS Student Financial Aid · 2023-24

Federal student loans went to 58 of these 540 students, totalling $234,242 — an average of $4,039 each.

IPEDS Student Financial Aid · 2023-24

Local housing costs

Typical rents near campus (Lee County) — budget these against any cost-of-attendance housing estimate.

Studio
$1,629/mo
1 bedroom
$1,638/mo
2 bedroom (whole unit)
$1,961/mo

HUD Fair Market Rents (40th-percentile gross rent incl. utilities) · FY2026

Veterans & GI Bill

VA caution flag

Settlement with U.S. Government

GI Bill students
49
Yellow Ribbon
No
Principles of Excellence
Yes

VA GI Bill Comparison Tool (Veterans Affairs GIDS)

Compare Florida Academy with peer institutions

How we evaluate Florida Academy

IPEDS
US Department of Education
College Scorecard
Post-grad earnings
Census PSEO
Earnings by major
Opportunity Insights
Mobility by institution
Read our full methodology →