by our College Data Analytics TeamMany students will never be charged 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 cost of going to Boricua College can seem overwhelming, but bear in mind that many students are given some form of financial aid.
What financial aid options can Boricua College offer you, and what will you qualify for? Keep reading for more information. Read on to see just how much financial aid could be open to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Continue reading to find information to help you understand just how much assistance you can expect to receive from Boricua College.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
Looking at the entering class at Boricua College, 96% of the incoming full-time class was awarded financial aid around 70 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 96% | $8,968 |
| Institutional grants & scholarships | 10% | $1,860 |
| Federal Pell grants | 86% | $5,841 |
| State/local grants | 82% | $3,719 |
| Federal student loans | 8% | $6,796 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. Here, around 91% of undergraduates were awarded an average grant or scholarship of $9,254 (across roughly 363 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 91% | $9,254 |
| Federal Pell grants | 86% | $5,851 |
| Federal student loans | 14% | $5,984 |
On-campus students receiving title-IV aid were awarded grants averaging $8,968.
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 | $13,878 |
| $30,001 – $75,000 | $13,953 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
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 | $15,245 |
| Off-campus title-IV students | $14,187 |
To project your own net price, use Boricua College’s official net price calculator: www.boricuacollege.edu/registration-tuition-fees.
The middle student in the debt distribution at Boricua College owes $6,347 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $6,347 |
| Median federal debt (graduates only) | $6,733 |
| Typical 10-year monthly payment (graduates) | $71.38/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
The median alone does not show how widely outcomes vary across the student body. Use the percentiles below to see the debt range at Boricua College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,900 |
| 25th percentile | $3,000 |
| 75th percentile | $9,000 |
| 90th percentile (highest-debt students) | $15,000 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $6,090 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,296 |
| Independent students | $7,100 |
A handful of calculated indicators summarize the debt outlook at Boricua College.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The aggregate figures below show how active the program is at Boricua College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 2053 |
| Total Stafford loan amount | $22,766,579 |
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 | 5 |
| Total GI Bill amount | $61,000 |
| Average GI Bill amount per recipient | $12,200 |
References
More about our data sources and methodologies.