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Inter American University of Puerto Rico-Bayamon Financial Aid & Scholarships

94% Freshmen Get Financial Aid
$6,197 Average Grant & Scholarship
83% Undergrads Get Grant Aid

Many students will not be asked to pay the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The sum total of attendance at Inter American University of Puerto Rico-Bayamon can sound tremendous, but do not forget that almost all students get some type of financial help.

Just what financing solutions does Inter American University of Puerto Rico - Bayamon deliver, and just what are you going to be eligible for? Keep scrolling for answers. Keep scrolling to learn how much school funding will be available to you.

Importance of Inter American University of Puerto Rico - Bayamon Financial Aid Info

The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Read on to get a sense of the financial assistance available at Inter American University of Puerto Rico-Bayamon.

Financial Aid for First-Year Students at Inter American University of Puerto Rico-Bayamon

Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Note that some aid is more valuable than the rest, and individual awards are far from uniform.

At Inter American University of Puerto Rico-Bayamon, 94% of first-time, full-time freshmen received some form of financial aid approximately 666 students).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)94%$6,793
Institutional grants & scholarships28%$1,263
Federal Pell grants89%$6,443
State/local grants20%$600
Federal student loans4%$3,092

Scholarship and Grant Awards at Inter American University of Puerto Rico-Bayamon

The best aid is gift aid: grants and scholarships that carry no repayment obligation. At Inter American University of Puerto Rico - Bayamon, around 83% of the undergraduate population received grant aid that averaged $6,197 (among about 2888 undergraduates).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)83%$6,197
Federal Pell grants80%$5,901
Federal student loans13%$4,070

Title-IV recipients living on campus saw average grant aid of $7,040.

How Cost Varies by Income at Inter American University of Puerto Rico-Bayamon

How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.

Family IncomeAverage Net Price
$0 – $48,000$8,537
$30,001 – $75,000$9,900
Over $75,000$12,816

Remember these are net prices — what families pay after gift aid, not before.

Net Price at Inter American University of Puerto Rico-Bayamon

Net price is the average annual cost after grants and scholarships are subtracted from the published cost of attendance — the figure closest to what a typical aid-receiving student actually pays.

CohortAverage Net Price
On-campus title-IV students$9,284
Off-campus title-IV students$8,783

To project your own net price, use Inter American University of Puerto Rico - Bayamon’s NPC: www.inter.edu/NetPrice/Bayamon/index.html.

Student Debt Levels at Inter American University of Puerto Rico-Bayamon

The median student at Inter American University of Puerto Rico - Bayamon graduates with $5,500 of federal borrowing.

MetricAmount
Median federal debt (all student-aid borrowers)$5,500
Median federal debt (graduates only)$8,250
Typical 10-year monthly payment (graduates)$87.46/mo

At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.

The Full Range of Student Debt

Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. These percentiles trace how cumulative federal debt is spread among borrowers at Inter American University of Puerto Rico - Bayamon.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$1,750
25th percentile$2,750
75th percentile$5,500
90th percentile (highest-debt students)$8,500

How Debt Outcomes Vary by Student Group at Inter American University of Puerto Rico-Bayamon

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$5,400
Middle income$5,750
High income$5,500

By First-Generation Status

CohortMedian federal debt
First-generation students$5,313
Continuing-generation students$5,500

Dependent vs Independent Students

CohortMedian federal debt
Dependent students$5,500
Independent students$6,380

Is the Debt Manageable?

These indicators are derived from the underlying debt data and summarize the overall picture at Inter American University of Puerto Rico - Bayamon.

Federal Student Loans at Inter American University of Puerto Rico-Bayamon

Stafford loans are the federal government’s primary direct undergraduate lending program. The annual Stafford volume below reflects program activity at Inter American University of Puerto Rico - Bayamon:

MetricValue
Stafford loan recipients10142
Total Stafford loan amount$88,082,645

Veteran and Military Aid at Inter American University of Puerto Rico-Bayamon

Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.

Post-9/11 GI Bill recipients

MetricValue
GI Bill recipients91
Total GI Bill amount$310,338
Average GI Bill amount per recipient$3,410

DoD program volume

MetricValue
DoD Tuition Assistance recipients0
Total DoD amount$0

External Resources for Inter American University of Puerto Rico-Bayamon

References

More about our data sources and methodologies.

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