Florida Memorial University
Private College in Miami Gardens, FL. Six-year graduation rate 31%. Median 10-year earnings $36,624.
Median earnings ten years after entry come to $36,624, below what most undergraduate institutions return — the central fact to weigh against cost here. Only 31% finish within six years, so roughly two in three students leave without the credential they enrolled for. Median debt at graduation reaches $30,063, heavy enough to shape the years right after the degree. It also moves people — 2.5% of students climb from the bottom fifth of the income distribution to the top.
Earnings: College Scorecard, median ten years after entry across students who received federal aid — completers and non-completers alike.
- ✓ 3-year loan default 0.0% — below national benchmark
- ! Debt-to-income ratio 0.82 — elevated (above 0.60)
- ! Graduation rate 31% — below national average
Admissions
Admission is not the constraint here: 85% of applicants are accepted. The applicant pool runs to 9,121, typical for a school of this reach. Only 5% of admitted students enroll — the great majority of admits go elsewhere or nowhere.
Test score bands (middle 50% of submitters)
These bands describe the enrolled first-years who submitted a score, not the entering class. Where most students apply test-optional the submitters are a self-selected, higher-scoring group.
| Test | 25th–75th percentile | Submitted |
|---|---|---|
| SAT Evidence-Based Reading | — | — |
| SAT Math | — | |
| ACT Composite | — | — |
IPEDS Admissions · 2024
Apply at Florida Memorial University →Academics
Only 31% finish within six years, so roughly two in three students leave without the credential. 50% first-year retention is low enough to be the defining risk of enrolling here. Retention and graduation track closely, so most of the attrition shows up in the first year rather than after it. Part-time retention runs ahead at 62% — a sign this campus supports non-traditional schedules well. At 17:1, class sizes land in the normal range for an undergraduate institution.
Financial Aid
IPEDS Student Financial Aid · 2023-24 · grant and loan rates against 1,299 degree- or certificate-seeking undergraduates
Net price lands at $21,679 a year on average, neither cheap nor punishing. Aid is steeply need-based: families in the $0–30k band pay $21,882 while those at $110k+ pay $30,076. Grant aid is widespread — 85% of students receive it, averaging $13,476. 66% of students borrow federally, so debt is the norm rather than the exception.
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.
IPEDS Student Financial Aid · 2023-24 · 430 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 | $21,882 |
| $30–48k | $22,868 |
| $48–75k | $24,425 |
| $75–110k | $26,861 |
| $110k+ | $30,076 |
IPEDS Student Financial Aid · 2023-24
Federal student loans went to 857 of these 1,299 students, totalling $6,012,414 — an average of $7,016 each.
IPEDS Student Financial Aid · 2023-24
Local housing costs
Typical rents near campus (Miami-Dade County) — budget these against any cost-of-attendance housing estimate.
HUD Fair Market Rents (40th-percentile gross rent incl. utilities) · FY2026
Veterans & GI Bill
VA GI Bill Comparison Tool (Veterans Affairs GIDS)