by our College Data Analytics TeamMany students will not be asked to pay the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total price of attendance at Nova College de Puerto Rico can feel overpowering, but remember that the majority of students receive some sort of financial assistance.
What financing options does Nova College de Puerto Rico offer you, and what will you qualify for? Keep scrolling for more information. Read on to discover what amount of financial assistance could be accessible to you.
How much aid you qualify for depends largely on your family’s financial circumstances. The information provided on this page can help you determine how much aid you may receive from Nova College de Puerto Rico.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
Looking at the entering class at Nova College de Puerto Rico, 81% of first-year full-time students received aid of some kind around 60 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 81% | $6,838 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 81% | $6,443 |
| State/local grants | 30% | $385 |
| Federal student loans | 0% | — |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. Across the undergraduate body at Nova College de Puerto Rico, approximately 86% of undergrads got grants or scholarships worth on average $6,326 (for some 204 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 86% | $6,326 |
| Federal Pell grants | 86% | $5,915 |
| Federal student loans | 0% | — |
Title-IV recipients living on campus saw average grant aid of $5,080.
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 | $3,942 |
| $30,001 – $75,000 | $2,727 |
Remember these are net prices — what families pay after gift aid, not before.
The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $6,063 |
| Off-campus title-IV students | $3,942 |
For an estimate tailored to your family circumstances, see Nova College de Puerto Rico’s net price tool: www.novacollegepr.com/calculadora-de-costo-neto.
The figure below distills the debt data into a single burden category for Nova College de Puerto Rico.
References
More about our data sources and methodologies.