by our College Data Analytics TeamA large number of students will never be charged the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The price tag of going to Inter American University of Puerto Rico-Guayama can appear overpowering, but remember that the majority of students obtain some kind of financial assistance.
Just what financial aid solutions can Inter American University of Puerto Rico - Guayama provide, and just what are you going to be eligible for? Keep reading for answers. Keep reading to see what amount of financial assistance could be accessible to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. Read on to get a sense of the financial assistance available at Inter American University of Puerto Rico-Guayama.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
For incoming first-year students at Inter American University of Puerto Rico-Guayama, 84% of the incoming full-time class was awarded financial aid approximately 199 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 84% | $7,036 |
| Institutional grants & scholarships | 28% | $325 |
| Federal Pell grants | 83% | $6,856 |
| State/local grants | 14% | $600 |
| Federal student loans | 7% | $2,938 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. Here, about 69% of undergrads got grants or scholarships worth on average $6,312 (among about 1155 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 69% | $6,312 |
| Federal Pell grants | 66% | $6,159 |
| Federal student loans | 25% | $6,624 |
Title-IV recipients living on campus saw average grant aid of $7,159.
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $8,759 |
| $30,001 – $75,000 | $10,127 |
Each figure is the net price after grants and scholarships, not the published sticker price.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $9,316 |
| Off-campus title-IV students | $8,932 |
To project your own net price, use Inter American University of Puerto Rico - Guayama’s online cost calculator: www.inter.edu/NetPrice/Guayama/index.html.
The median federal debt load at Inter American University of Puerto Rico - Guayama comes to $6,775 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $6,775 |
| Median federal debt (graduates only) | $9,500 |
| Typical 10-year monthly payment (graduates) | $100.72/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
A single median figure conceals how much debt outcomes differ student to student. The percentiles below describe the cumulative federal debt distribution for borrowers at Inter American University of Puerto Rico - Guayama.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,710 |
| 25th percentile | $2,250 |
| 75th percentile | $5,500 |
| 90th percentile (highest-debt students) | $9,975 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $6,500 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,700 |
| Continuing-generation students | $7,000 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $6,294 |
| Independent students | $7,834 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Inter American University of Puerto Rico - Guayama.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The annual Stafford volume below reflects program activity at Inter American University of Puerto Rico - Guayama:
| Metric | Value |
|---|---|
| Stafford loan recipients | 8376 |
| Total Stafford loan amount | $99,653,302 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 22 |
| Total GI Bill amount | $68,468 |
| Average GI Bill amount per recipient | $3,112 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.