A lot of students will not be asked to pay the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The price tag of going to Instituto Educativo Premier can appear tremendous, but do not forget that almost all students obtain some kind of financial help.
Just what financial aid solutions can Premier deliver, and just what are you going to be eligible for? Keep reading for answers. Keep scrolling to see just how much financial aid could be open to you.
How much aid you qualify for depends largely on your family’s financial circumstances. Read on to get a sense of the financial assistance available at Instituto Educativo Premier.
Financial aid, in the form of loans, grants, work-study, and scholarships, is one way colleges reduce the cost of attendance so most students can actually afford to attend. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
For incoming first-year students at Instituto Educativo Premier, 100% of entering full-time freshmen got some type of financial assistance approximately 204 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $6,840 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 100% | $6,551 |
| State/local grants | 15% | $764 |
| Federal student loans | 0% | — |
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 Premier, roughly 88% of undergraduates were awarded an average grant or scholarship of $6,771 (across approximately 402 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 88% | $6,771 |
| Federal Pell grants | 88% | $6,551 |
| Federal student loans | 0% | — |
On-campus students receiving title-IV aid were awarded grants averaging $6,990.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $10,832 |
| $30,001 – $75,000 | $12,017 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $9,146 |
| Off-campus title-IV students | $9,198 |
For an estimate tailored to your family circumstances, see Premier’s net price tool: premierponce.net/NetPriceCalculator/index.html.
The Department of Education computes summary indicators that describe debt outcomes at a glance. Premier.
References
More about our data sources and methodologies.