by our College Data Analytics TeamThe majority of students are not billed the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The price tag of going to ICPR Junior College-Arecibo can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.
What financing options does ICPR Junior College - Arecibo offer you, and what will you qualify for? Keep scrolling for more information. Scroll down to see just how much financial aid could be open to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. Read on to get a sense of the financial assistance available at ICPR Junior College-Arecibo.
Financial aid, in the form of loans, grants, work-study, and scholarships, is one way colleges reduce the cost of attendance so most students can actually afford to attend. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
At ICPR Junior College-Arecibo, 100% of first-time, full-time freshmen received some form of financial aid roughly 52 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $8,623 |
| Institutional grants & scholarships | 85% | $273 |
| Federal Pell grants | 100% | $8,167 |
| State/local grants | 56% | $202 |
| Federal student loans | 0% | — |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. Here, approximately 98% of undergrads got grants or scholarships worth on average $7,698 (for some 341 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 98% | $7,698 |
| Federal Pell grants | 98% | $7,203 |
| Federal student loans | 0% | — |
On-campus students receiving title-IV aid were awarded grants averaging $8,623.
Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $4,856 |
| $30,001 – $75,000 | $5,076 |
Remember these are net prices — what families pay after gift aid, not before.
After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $6,735 |
| Off-campus title-IV students | $4,863 |
For an estimate tailored to your family circumstances, see ICPR Junior College - Arecibo’s NPC: www.icprjc.edu/netPriceCalculator/npcalc.htm.
Federal data publishes pre-calculated indicators that summarize debt outcomes. ICPR Junior College - Arecibo.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The aggregate figures below show how active the program is at ICPR Junior College - Arecibo:
| Metric | Value |
|---|---|
| Stafford loan recipients | 131 |
| Total Stafford loan amount | $456,843 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 5 |
| Total DoD amount | $19,250 |
| Average DoD amount per recipient | $3,850 |
References
More about our data sources and methodologies.