BFFAS Calculation = (Cost Per Credit/Clock Hour x Credit ...

2022-23 Bright Futures Private Award Amounts

BFFAS Calculation

= (Cost Per Credit/Clock Hour x Credit/Clock Hours Enrolled)

Institution Type 4-Year 2-Year

Vocational/Technical

Institution Type 4-Year 2-Year

Vocational/Technical

Semester Based Institutions

Cost per Credit Hour

$211 $105 $86

Quarter Based Institutions

Cost per Credit Hour

$140 $70 $57

Cost per Clock Hour

$2.89

Cost per Clock Hour

$1.93

BFFMS Calculation

= (Cost Per Credit/Clock Hour x Credit/Clock Hours Enrolled)

Institution Type 4-Year 2-Year

Vocational/Technical

Institution Type 4-Year 2-Year

Vocational/Technical

Semester Based Institutions

Cost per Credit Hour

$158 $78 $64

Quarter Based Institutions

Cost per Credit Hour

$105 $52 $42

Cost per Clock Hour

$2.16

Cost per Clock Hour

$1.44

Note: OSFA calculates the BFFAS award using a weighted average based upon officially published main campus tuition and applicable fees at the comparable public sector. OSFA calculates the BFFMS award based on 75 percent of the calculated BFFAS award. Values in red denote an update from the prior year.

Florida Department of Education Office of Student Financial Assistance

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