by our College Data Analytics TeamA lot of students are not billed 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 price tag of going to Inter American University of Puerto Rico-Fajardo can appear tremendous, but do not forget that almost all students obtain some kind of financial help.
What financial aid options can Inter American University of Puerto Rico - Fajardo offer, and what will you qualify for? Keep reading for more information. Keep reading to discover 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. Continue reading to find information to help you understand just how much assistance you can expect to receive from Inter American University of Puerto Rico-Fajardo.
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.
At Inter American University of Puerto Rico-Fajardo, 98% of first-time, full-time freshmen received some form of financial aid around 242 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 98% | $6,836 |
| Institutional grants & scholarships | 13% | $661 |
| Federal Pell grants | 96% | $6,618 |
| State/local grants | 19% | $600 |
| Federal student loans | 2% | $3,629 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. Here, around 85% of undergraduate students received gift aid averaging $6,207 (among about 1016 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 85% | $6,207 |
| Federal Pell grants | 83% | $5,987 |
| Federal student loans | 12% | $4,709 |
Title-IV recipients living on campus saw average grant aid of $6,960.
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 | $8,646 |
| $30,001 – $75,000 | $9,554 |
| Over $75,000 | $13,326 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
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.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $9,230 |
| Off-campus title-IV students | $8,787 |
To get a personalized net price estimate, try Inter American University of Puerto Rico - Fajardo’s online cost calculator: www.inter.edu/NetPrice/Fajardo/index.html.
The median federal debt load at Inter American University of Puerto Rico - Fajardo comes to $5,500 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $5,500 |
| Median federal debt (graduates only) | $5,750 |
| Typical 10-year monthly payment (graduates) | $60.96/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
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 - Fajardo.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,400 |
| 25th percentile | $2,000 |
| 75th percentile | $5,500 |
| 90th percentile (highest-debt students) | $5,750 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $5,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $5,500 |
| Continuing-generation students | $5,750 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $6,983 |
A handful of calculated indicators summarize the debt outlook at Inter American University of Puerto Rico - Fajardo.
Stafford loans make up the bulk of federal direct lending to undergraduates. These figures summarize annual Stafford program activity at Inter American University of Puerto Rico - Fajardo:
| Metric | Value |
|---|---|
| Stafford loan recipients | 4382 |
| Total Stafford loan amount | $41,222,045 |
If you are a veteran or active-duty service member, the GI Bill and DoD Tuition Assistance are the primary federal programs you can use at this school.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 20 |
| Total GI Bill amount | $80,286 |
| Average GI Bill amount per recipient | $4,014 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.