Understanding Financial Aid for You
Do you know financial assistance and scholarship or grant qualifications are determined by several conditions? Here you will learn more to help you to know how much financial aid and scholarships you can expect from Caribbean University - Vega Baja.
Normal Caribbean University - Vega Baja FinAid Package
$8,479 is the average Caribbean University - Vega Baja's freshman financial aid plan. Approximately 98.0% of freshman students get some kind of financial assistance, the majority of which is scholarships and grants.
Financial aid incorporates loans, grants, and scholarships. However, loans need to be paid off, so they are not a true discount.
Uneasy about the debt that may be included in a financial aid plan? Look at the average amount of debt per student at Caribbean University - Vega Baja.
Number of Caribbean University - Vega Baja Grants & Scholarships
The following scholarships and grants consist of mostly federal grants, and some state and local grants. 96.0% of freshmen at Caribbean University - Vega Baja (78 total) received a federal grant, averaging $5,669. As well as grants, 2.0% of freshmen (2 total) received scholarships by the university, averaging $2,267 per person.
How are grants and scholarships given away to first years at Caribbean University - Vega Baja? Look at the data below.
Scholarships are awarded based on merit or special ability, while grants are given based on financial need.
How Family Income Affects Financial Aid
The table following shows scholarship and grant allocations by income level for freshmen getting any type of federally-funded Title IV aid, which includes Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 91.4% | $5,735 |
| Income 30k-48k | 3.7% | $5,612 |
| Income 48k-75k | 2.5% | $2,869 |
| Income 75k-110k | 1.2% | $1,915 |
| Income 110k + | 0.0% | N/A |
Education funding from the federal government available as grants, loans, or work-study is referred to as Title IV aid. Get more info on Title IV here..
$6,378 is the Standard Total an Undergrad Will Get in Grants or Scholarships
446 Caribbean University - Vega Baja students receive grant aid (this is around 97.0% of the entire student population). The average amount these students receive is $6,378 The majority in the form of Pell Grants.
Caribbean University - Vega Baja Financial Aid Links
| Financial Aid Department Website | www.caribbean.edu/Asistencia%20Economica.html |
| Net Price Calculator | www.caribbean.edu/B7_Net%20Price%20Calcs.html |
