University of Puerto Rico-Humacao Financial Aid and Scholarships
Students Receiving Aid
78%
Total Aid Amount
$15.374M
Financial Aid Official Website
www.upr.edu/humacao/oficina-de-asistencia-economica-mision-y-vision/
Notably, 93% of the students at University of Puerto Rico-Humacao get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $566,200. More information regarding the financial assistance schemes can be accessed on UPRH’s official financial aid page at http://www.upr.edu/humacao/oficina-de-asistencia-economica-mision-y-vision/. Notably, a total of 88% of the applicants to University of Puerto Rico-Humacao receive the Federal Grant every year. On the other hand, 93% of the candidates get the Student Grant, 31% receive the Institution Grant, and 88% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,662, while the same comes to $680 for State Grant receivers and $1,134 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $5,221. Among other things, the annual family income of the applicant plays a major role in determining the total financial aid they are actually eligible to receive. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. However, student loans attract a certain rate of interest at which the funds are borrowed. Candidates are also required to repay these loans within a given period. Every year, around 2% of the applicants to University of Puerto Rico-Humacao opt for student loans.