$5,785

Avg. Federal Grant

$3,972

Avg. Federal Loan

$2,609,029

Total Aid Awarded

Pontifical Catholic University of Puerto Rico (PUCPR) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

83%

Total Aid Amount Average Total Aid Awarded per year.

$2.609M

Financial Aid Official Website

www.pucpr.edu/arecibo/?page_id=143

As many as 99% of the students at PCUPRA get some sort of financial aid, and the total amount of assistance/loans provided is more than $1,372,466 in a year. One can visit PCUPRA's financial aid page at http://www.pucpr.edu/estudiantes-nuevos/ayudas-economicas/ for more information. Notably, a total of 93% of the applicants to Pontifical Catholic University of Puerto Rico-Arecibo receive the Federal Grant every year. In comparison, 96% of the students are awarded the Student Grant, 18% get the Institution Grant, and 92% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $6,030, and the same stands at $577 for State Grant awardees and $479 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $5,335. 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 $5,529 on average in a year. The average aid amount stands at $4,326 for an annual family income between $30,001 and $48,000. This amount comes to $2,206 for those who fall under the $48,001-$75,000 family income bracket. Meanwhile, the average federal aid for students in the $75,001-$110,000 income bracket is $629. And, for those with a family income of more than $110,000, the amount stands at $601. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At PCUPRA, an estimated number of 22% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

92%

State Grant Aid

9%

Institution Grant Aid

8%

Pell Grant

92%

Average Aid Awarded

Federal Grant Aid

$5,785

State Grant Aid

$557

Institution Grant Aid

$546

Pell Grant

$5,625

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$6,298

$30,001 - $48,000

$5,348

$48,001 - $75,000

$3,173

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for Pontifical Catholic University of Puerto Rico (PUCPR)

Average Loan Amount Average Loan Amount received per year.

$3,972/Year

Students Taking Out Loans

37%

Loan Default Rate

12%

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