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Furman University - Cost & Financial Aid

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Annual College Costs ( Fall 2006 )

Financial Aid Statistics

  • Full-time freshman enrollment: 688
  • Number who applied for need-based aid: 406
  • Number who were judged to have need: 289
  • Number who were offered aid: 289
  • Number who had full need met: 130
  • Average percent of need met: 91%
  • Average financial aid package: $24,047
  • Average need-based loan: $1,705
  • Average need-based scholarship or grant award: $21,735
  • Average non-need based aid: $10,830
  • Average indebtedness at graduation: $21,860

Financial Aid Distribution

Percent of total undergraduate aid awarded as:
  • Scholarships / grants: 78%
  • Loans / jobs: 22%
Non-need-based aid
determined by:
  • Academics
  • Alumni Affiliation
  • Art
  • Athletics
  • Leadership
  • Minority Status
  • Music/Drama
  • ROTC
  • Religious Affiliation
  • State/District Residency
Need-based aid
determined by:
  • Academics
  • Alumni Affiliation
  • Art
  • Athletics
  • Leadership
  • Minority Status
  • Music/Drama
  • Religious Affiliation
  • State/District Residency
Scholarship opportunities:
    Over 100 renewable merit scholarships offered to entering freshmen, including 4 Herman W. Lay Scholarships for room, board and tuition, 10 Duke Scholarships for full tuition, 30 Founders (half-tuition) Scholarships and 35 Bell Tower Scholarships (quarter-tuition).

Financial Aid Forms

Domestic first-year financial aid applicants must submit the following forms, if applicable:

  • FAFSA
  • Institution's own financial aid form
  • State aid form
  • Other: South Carolina residents must complete state forms for South Carolina Tuition Grant Awards.

Contact Information

Financial Aid Office phone: (864) 294-2204



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