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Automeca Technical College - Caguas Financial Aid & Debt Outcomes

98% Freshmen Get Financial Aid
$8,447 Average Grant & Scholarship
96% Undergrads Get Grant Aid

A large number of students will not be asked to pay 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 - Caguas can feel overwhelming, but bear in mind that many students receive some sort of financial aid.

What financial aid options can Automeca Technical College - Caguas offer, and what will you qualify for? Keep reading for more information. Keep scrolling to see how much school funding could be available to you.

Understanding Automeca Technical College - Caguas Financial Aid Information

The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. Read on to get a sense of the financial assistance available at Automeca Technical College - Caguas.

Typical First Year Financial Aid at Automeca Technical College - Caguas

Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Some kinds of aid are clearly preferable to others, and outcomes differ across students.

Looking at the entering class at Automeca Technical College - Caguas, 98% of first-year full-time students received aid of some kind roughly 123 freshmen).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)97%$9,260
Institutional grants & scholarships0%
Federal Pell grants97%$9,006
State/local grants21%$727
Federal student loans12%$3,768

Undergraduate Grant Aid at Automeca Technical College - Caguas

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, about 96% of undergraduate students received gift aid averaging $8,447 (across approximately 187 students).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)96%$8,447
Federal Pell grants96%$8,110
Federal student loans16%$2,793

For students living on campus and receiving title-IV aid, grants averaged $9,185.

Income-Adjusted Net Price at Automeca Technical College - Caguas

The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.

Family IncomeAverage Net Price
$0 – $48,000$2,942
$30,001 – $75,000$4,567

Remember these are net prices — what families pay after gift aid, not before.

What a Degree Really Costs at Automeca Technical College - Caguas

Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.

CohortAverage Net Price
On-campus title-IV students$5,077
Off-campus title-IV students$3,035

To get a personalized net price estimate, try Automeca Technical College - Caguas’s official net price calculator: www.automeca.com/recursos/#1595299725508-2508486a-2337.

How Much Students Borrow at Automeca Technical College - Caguas

Graduating students at Automeca Technical College - Caguas carry a median federal student debt of $3,000 of federal borrowing.

MetricAmount
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

The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.

Debt Spread by Percentile

The numbers below show the full range, not just the middle of the distribution. The figures below chart the debt distribution at Automeca Technical College - Caguas.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$1,473
25th percentile$1,750
75th percentile$3,500
90th percentile (highest-debt students)$5,000

How Debt Outcomes Vary by Student Group at Automeca Technical College - Caguas

How much a student borrows depends heavily on family income, first-gen status, and dependency.

Median Debt by Income Bracket

Income tierMedian federal debt
Low income$2,600

First-Gen vs Continuing-Gen Median Debt

CohortMedian federal debt
First-generation students$2,817
Continuing-generation students$3,500

Dependency-Status Comparison

CohortMedian federal debt
Dependent students$2,600
Independent students$3,150

At-a-Glance Debt Indicators

These indicators are derived from the underlying debt data and summarize the overall picture at Automeca Technical College - Caguas.

Federal Stafford Lending at Automeca Technical College - Caguas

Stafford loans make up the bulk of federal direct lending to undergraduates. The annual Stafford volume below reflects program activity at Automeca Technical College - Caguas:

MetricValue
Stafford loan recipients4411
Total Stafford loan amount$13,655,635

Veteran and Military Aid at Automeca Technical College - Caguas

If you are a veteran or active-duty service member, the GI Bill and DoD Tuition Assistance are the primary federal programs you can use at this school.

Post-9/11 GI Bill activity

MetricValue
GI Bill recipients2
Total GI Bill amount$8,751
Average GI Bill amount per recipient$4,376

References

More about our data sources and methodologies.

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