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EDP University of Puerto Rico-Humacao Financial Aid Details

90% Freshmen Get Financial Aid
$6,933 Average Grant & Scholarship
64% Undergrads Get Grant Aid

Most 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 sum total of attendance at EDP University of Puerto Rico-Humacao can sound overwhelming, but bear in mind that many students get some type of financial aid.

What financial aid options can EDP - Humacao offer you, and what will you qualify for? Keep reading for more information. Read on to discover what amount of financial assistance could be accessible to you.

Understanding EDP - Humacao Financial Aid Info

Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Continue reading to find information to help you understand just how much assistance you can expect to receive from EDP University of Puerto Rico-Humacao.

What First Years Receive at EDP University of Puerto Rico-Humacao

Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.

Looking at the entering class at EDP University of Puerto Rico-Humacao, 90% of the incoming full-time class was awarded financial aid roughly 26 students).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)90%$7,208
Institutional grants & scholarships0%
Federal Pell grants90%$6,892
State/local grants3%$800
Federal student loans69%$8,774

Free Money: Grants and Scholarships at EDP University of Puerto Rico-Humacao

Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At EDP - Humacao, roughly 64% of the undergraduate population received grant aid that averaged $6,933 (for some 171 undergraduates).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)64%$6,933
Federal Pell grants64%$6,825
Federal student loans60%$8,290

For on-campus title-IV students, average grant aid came to $7,208.

How Cost Varies by Income at EDP University of Puerto Rico-Humacao

The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.

Family IncomeAverage Net Price
$0 – $48,000$8,318
$30,001 – $75,000$9,328

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

Net Price at EDP University of Puerto Rico-Humacao

The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.

CohortAverage Net Price
On-campus title-IV students$12,417
Off-campus title-IV students$8,618

To get a personalized net price estimate, try EDP - Humacao’s net price tool: edpuniversity.edu/coa-net-calculator/.

Student Debt Levels at EDP University of Puerto Rico-Humacao

The middle student in the debt distribution at EDP - Humacao owes $10,500 of cumulative federal debt.

MetricAmount
Median federal debt (all student-aid borrowers)$10,500
Median federal debt (graduates only)$14,000
Typical 10-year monthly payment (graduates)$148.42/mo

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

Where Student Debt Falls

A single median figure conceals how much debt outcomes differ student to student. The four reference points below map the debt distribution at EDP - Humacao.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$2,200
25th percentile$3,700
75th percentile$16,500
90th percentile (highest-debt students)$20,600

Median Debt by Student Group at EDP University of Puerto Rico-Humacao

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$10,500
Middle income$10,500
High income$10,500

By First-Generation Status

CohortMedian federal debt
First-generation students$10,500
Continuing-generation students$10,500

Dependent vs Independent Students

CohortMedian federal debt
Dependent students$5,500
Independent students$12,635

Calculated Debt-Outcome Indicators

The Department of Education computes summary indicators that describe debt outcomes at a glance. EDP - Humacao.

Federal Student Loans at EDP University of Puerto Rico-Humacao

Most undergraduate borrowing runs through the federal Stafford loan program. The annual Stafford volume below reflects program activity at EDP - Humacao:

MetricValue
Stafford loan recipients9201
Total Stafford loan amount$120,494,685

References

More about our data sources and methodologies.

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