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Caribbean University-Ponce Financial Aid Details

97% Freshmen Get Financial Aid
$5,323 Average Grant & Scholarship
89% Undergrads Get Grant Aid

The majority of students are not billed 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 Caribbean University-Ponce can appear overpowering, but remember that the majority of students obtain some kind of financial assistance.

What financing options does Caribbean University - Ponce offer you, and what will you qualify for? Keep scrolling for more information. Keep going to find out how much school funding will be available to you.

Why You Should Understand Caribbean University - Ponce Financial Aid Information

The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. The information provided on this page can help you determine how much aid you may receive from Caribbean University-Ponce.

Typical First Year Financial Aid at Caribbean University-Ponce

Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Some kinds of aid are clearly preferable to others, and outcomes differ across students.

At Caribbean University-Ponce, 97% of first-year full-time students received aid of some kind roughly 56 new students).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)97%$5,036
Institutional grants & scholarships10%$4,586
Federal Pell grants93%$4,569
State/local grants0%
Federal student loans22%$4,689

Scholarships and Grants at Caribbean University-Ponce

Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At Caribbean University - Ponce, approximately 89% of undergraduates were awarded grant or scholarship aid averaging $5,323 (for some 392 students).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)89%$5,323
Federal Pell grants71%$5,825
Federal student loans34%$7,538

For students living on campus and receiving title-IV aid, grants averaged $5,036.

Income-Adjusted Net Price at Caribbean University-Ponce

Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.

Family IncomeAverage Net Price
$0 – $48,000$6,680

These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.

What a Degree Really Costs at Caribbean University-Ponce

The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.

CohortAverage Net Price
On-campus title-IV students$4,964
Off-campus title-IV students$6,680

For a personalized estimate based on your family’s financial situation, use Caribbean University - Ponce’s net price calculator: www.caribbean.edu/netprice/index.html.

Median Student Debt for Graduates of Caribbean University-Ponce

The median federal debt load at Caribbean University - Ponce comes to $7,000 of cumulative federal debt.

MetricAmount
Median federal debt (all student-aid borrowers)$7,000
Median federal debt (graduates only)$10,500
Typical 10-year monthly payment (graduates)$111.32/mo

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

How Debt Is Distributed Across Students

The median alone does not show how widely outcomes vary across the student body. The figures below chart the debt distribution at Caribbean University - Ponce.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$1,850
25th percentile$3,500
75th percentile$13,600
90th percentile (highest-debt students)$22,250

Debt Outcomes by Student Group at Caribbean University-Ponce

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

Debt by Income Tier

Income tierMedian federal debt
Low income$7,063

First-Generation Comparison

CohortMedian federal debt
First-generation students$6,750
Continuing-generation students$8,217

Dependency-Status Comparison

CohortMedian federal debt
Dependent students$5,500
Independent students$9,650

Summary Debt Indicators

A handful of calculated indicators summarize the debt outlook at Caribbean University - Ponce.

Federal Stafford Lending at Caribbean University-Ponce

Stafford loans are the federal government’s primary direct undergraduate lending program. Below is the annual Stafford program activity at Caribbean University - Ponce:

MetricValue
Stafford loan recipients10968
Total Stafford loan amount$153,554,607

Veterans Benefits at Caribbean University-Ponce

The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.

Post-9/11 GI Bill recipients

MetricValue
GI Bill recipients8
Total GI Bill amount$37,625
Average GI Bill amount per recipient$4,703

References

More about our data sources and methodologies.

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