Understanding Financial Aid for You
The quantity of financial assistance you will get, which includes access to federal loans, scholarships and grants, is going to depend upon your need. The info found here will tell you how much you will likely be given at Caribbean University - Vega Baja determined by your family's income level and other factors.
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, most of which is scholarships and grants.
Financial aid incorporates scholarships, grants, and student loans. 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.
How Much Caribbean University - Vega Baja Aid is Will I Get That Won't Put Me in Debt?
The stats plus the graph following pertain to mainly federal grants, as well as some local and state 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.
The graph directly below reveals the average volume of grand and scholarship aid distributed to all first year students.
Scholarships are awarded based on merit or special ability, while grants are given based on financial need.
How Family Income Affects Financial Aid
The chart following shows scholarship and grant distributed by income level for freshmen getting any kind 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 by 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 461 of the entire student population). The usual 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 |
