Inter American University of Puerto Rico-Bayamon Financial Aid and Scholarships
Students Receiving Aid
85%
Total Aid Amount
$18.684M
Financial Aid Official Website
www.inter.edu/ayudas-economicas
As many as 93% of the students at IAUPRB get some sort of financial aid, and the total amount of assistance/loans provided is more than $3,053,111 in a year. One can visit IAUPRB's financial aid page at http://www.inter.edu/ayudas-economicas for more information. The total percentage of candidates applying to Inter American University of Puerto Rico-Bayamon who receive the Federal Grant is 89%. In comparison, 93% of the students are awarded the Student Grant, 24% get the Institution Grant, and 89% of the applicants receive the Pell Grant. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $5,043. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Students whose family income per annum is less than $30,000 will receive a federal aid of $5,572 on average in a year. For the $30,001-$48,000 and $48,001-$75,000 family income brackets, the average aid amount stands at $4,603 and $3,012, respectively. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Candidates are also required to repay these loans within a given period. At IAUPRB, an estimated number of 4% of the applicants choose to go for student loans.
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