Why Undertanding Financial Aid is Important
Are you aware financial aid and scholarship qualifications are based on several criteria? Keep reading to learn more on just how much aid , scholarships and grants to expect from EDP College of Puerto Rico Inc - San Juan.
What Percentage of Students Get Financial Aid?
EDP College of Puerto Rico Inc - San Juan's average financial aid package for new freshmen is $11,419. Approximately 87.0% of first year students obtain some money for college, most of which is in the form of loans.
Financial aid helps lower the cost, or the "sticker" price of the school. However, know that the only true college discount are scholarships & grants.
Student debt ought to be considered to be an "outcome" instead of "aid". Find more about student loan debt at EDP College of Puerto Rico Inc - San Juan.
How Much Aid is Available That I Don't Have to Repay? (A.K.A. Scholarships & Grants)?
The numbers and the chart below refer to primarily grants from federal sources, and some local and state grants. 87.0% of freshman students at EDP College of Puerto Rico Inc - San Juan (81 total) got a federal grant, averaging $5,123. In addition to grants, 1.0% of freshman students (1 total) received scholarships by the college, totaling $300 each.
How are grants and scholarships distributed to freshman at EDP College of Puerto Rico Inc - San Juan? See the chart below.
Grants are typically based on need while scholarships are based on merit or ability.
Financial Aid per Family Income
The below chart demonstrates grant and scholarship distributions by family income for first year getting any kind of federal Title IV assistance, such as Federal PLUS loans.
|Income Level||Percent of Freshman||Average Assistance|
|Income 110k +||0.0%||N/A|
The graph above shows students who are obtaining Title IV aid which is federal aid from the government including grants, loans, and work study. Learn more.
$7,380 is the Average Amount an Undergrad Receives in Grants or Scholarships
Of the 1,466 undergraduate students at EDP College of Puerto Rico Inc - San Juan around 86.0% (1,268 in total) get some sort of grant aid. The typical amount given was $7,380. The most of which are in the form of Pell Grants.
Financial Aid Links from EDP College of Puerto Rico Inc - San Juan
|Financial Aid Department Website||www.edpuniversity.edu/indice/costos-asistencia-economica|
|Net Price Calculator||www.eduedp.net/documents/NetPriceCalculator/NetPriceCalculator/npcalc.htm|