by our College Data Analytics TeamMost students will not be asked to pay 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 sum total of attendance at ICPR Junior College-Mayaguez can sound tremendous, but do not forget that almost all students get some type of financial help.
Just what financial aid solutions can ICPR Junior College - Mayaguez provide, and just what are you going to be eligible for? Keep reading for answers. Read on to find out how much school funding will be available to you.
How much aid you qualify for depends largely on your family’s financial circumstances. Read on to get a sense of the financial assistance available at ICPR Junior College-Mayaguez.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
Looking at the entering class at ICPR Junior College-Mayaguez, 98% of entering full-time freshmen got some type of financial assistance (about 122 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 98% | $8,553 |
| Institutional grants & scholarships | 86% | $301 |
| Federal Pell grants | 94% | $8,442 |
| State/local grants | 49% | $172 |
| Federal student loans | 0% | — |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At this school, about 99% of the undergraduate population received grant aid that averaged $7,284 (across approximately 423 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 99% | $7,284 |
| Federal Pell grants | 96% | $7,007 |
| Federal student loans | 0% | — |
For on-campus title-IV students, average grant aid came to $8,553.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $5,426 |
| $30,001 – $75,000 | $7,446 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $7,435 |
| Off-campus title-IV students | $5,426 |
To get a personalized net price estimate, try ICPR Junior College - Mayaguez’s net price calculator: www.icprjc.edu/netPriceCalculator/npcalc.htm.
These indicators are derived from the underlying debt data and summarize the overall picture at ICPR Junior College - Mayaguez.
Stafford loans are the federal government’s primary direct undergraduate lending program. These figures summarize annual Stafford program activity at ICPR Junior College - Mayaguez:
| Metric | Value |
|---|---|
| Stafford loan recipients | 131 |
| Total Stafford loan amount | $456,843 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 6 |
| Total DoD amount | $21,369 |
| Average DoD amount per recipient | $3,562 |
References
More about our data sources and methodologies.