by our College Data Analytics TeamThe majority of students are not billed the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The total price of attendance at Automeca Technical College - Bayamon can feel overpowering, but remember that the majority of students receive some sort of financial assistance.
What financial assistance options will Automeca Technical College - Bayamon offer you, and what will you qualify for? Read on for more information. Keep going to find out what amount of financial assistance will be accessible to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. The information provided on this page can help you determine how much aid you may receive from Automeca Technical College - Bayamon.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
Among first-time, full-time freshmen at Automeca Technical College - Bayamon, 96% of first-year full-time students received aid of some kind around 293 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 95% | $9,904 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 95% | $9,650 |
| State/local grants | 15% | $687 |
| Federal student loans | 11% | $4,238 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. At this school, around 95% of undergraduate students received gift aid averaging $8,514 (covering around 438 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 95% | $8,514 |
| Federal Pell grants | 95% | $8,162 |
| Federal student loans | 11% | $3,089 |
For students living on campus and receiving title-IV aid, grants averaged $9,803.
How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $2,674 |
| $30,001 – $75,000 | $4,729 |
| Over $75,000 | $4,064 |
Remember these are net prices — what families pay after gift aid, not before.
The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $3,900 |
| Off-campus title-IV students | $2,858 |
For an estimate tailored to your family circumstances, see Automeca Technical College - Bayamon’s net price calculator: www.automeca.com/recursos/#1595299725508-2508486a-2337.
The median federal debt load at Automeca Technical College - Bayamon comes to $3,000 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $3,000 |
| Median federal debt (graduates only) | $3,030 |
| Typical 10-year monthly payment (graduates) | $32.12/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
A single median figure conceals how much debt outcomes differ student to student. The four reference points below map the debt distribution at Automeca Technical College - Bayamon.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,473 |
| 25th percentile | $1,750 |
| 75th percentile | $3,500 |
| 90th percentile (highest-debt students) | $5,000 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $2,600 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $2,817 |
| Continuing-generation students | $3,500 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $2,600 |
| Independent students | $3,150 |
The figure below distills the debt data into a single burden category for Automeca Technical College - Bayamon.
The Stafford loan program is the largest source of federal direct loans to undergraduates. Below is the annual Stafford program activity at Automeca Technical College - Bayamon:
| Metric | Value |
|---|---|
| Stafford loan recipients | 4411 |
| Total Stafford loan amount | $13,655,635 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 20 |
| Total GI Bill amount | $132,452 |
| Average GI Bill amount per recipient | $6,623 |
References
More about our data sources and methodologies.