The Importance of Understanding Financial Aid
The level of financial assistance you will receive, which includes access to federal loans, scholarships and grants, is going to depend upon your financial need. The info provided here will show what you will likely be given from Caribbean University - Bayamon determined by your family's income level and other factors.
Typical Caribbean University - Bayamon FinAid Plan
$9,423 is the standard Caribbean University - Bayamon's first year financial aid plan. Approximately 96.0% of incoming students receive some type of financial assistance, the majority of which is in the form of scholarships and grants.
Financial aid consists of loans, grants, and scholarships. However, loans must be paid off, thus they are not a true college discount.
A student loan isn't a genuine college price reduction, but rather an outcome to consider. See how much student loan debt from Caribbean University - Bayamon you could end up dealing with.
How Much Caribbean University - Bayamon Aid Will I Get That Won't Put Me in Debt?
The numbers plus the chart below pertain to primarily federal grants, as well as some local and state grants. 95.0% of first year students at Caribbean University - Bayamon (253 total) obtained a federal grant, averaging $5,241. In addition to grants, 21.0% of first year students (55 total) were awarded scholarships by the university, averaging $2,461 per person.
Check out the typical level of scholarships and grants freshmen receive by looking at the chart below.
Scholarships are awarded based on merit, while grants are awarded due to need.
How Family Income Affects Financial Aid
Discover what amount of scholarship and grant assistance you can expect to be given determined by your family income. The chart below displays freshman students receiving federal Title IV aid which includes PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 78.7% | $5,540 |
| Income 30k-48k | 13.1% | $4,094 |
| Income 48k-75k | 2.6% | $3,237 |
| Income 75k-110k | 0.7% | $2,304 |
| Income 110k + | 0.0% | N/A |
The graph above displays undergrads who are receiving Title IV aid which is federal assistance from the government in the form of loans, grants or work-study. Learn more.
$6,129 is the Typical Total an Undergrad Will Get in Scholarships or Grants
91.0% of the 1,621 undergraduate students at Caribbean University - Bayamon receive some form of grant aid. A total of about 1,477 students getting about $6,129 each. The majority in the form of Pell Grants.
Caribbean University - Bayamon Financial Aid Links
| Financial Aid Department Website | www.caribbean.edu/Asistencia%20Economica.html |
| Net Price Calculator | www.caribbean.edu/B7_Net%20Price%20Calcs.html |
