by our College Data Analytics TeamA lot of students will not be asked to pay the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The price tag of going to Inter American University of Puerto Rico-Metro can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.
Just what financial assistance solutions will Inter American University of Puerto Rico - Metro provide, and just what are you going to be eligible for? Read on for answers. Keep scrolling to discover how much school funding could be available to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Use the information below to understand how much financial assistance you may get from Inter American University of Puerto Rico-Metro.
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.
Looking at the entering class at Inter American University of Puerto Rico-Metro, 91% of the incoming full-time class was awarded financial aid some 319 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 91% | $6,685 |
| Institutional grants & scholarships | 25% | $943 |
| Federal Pell grants | 85% | $6,534 |
| State/local grants | 15% | $600 |
| Federal student loans | 3% | $5,691 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. Here, some 74% of undergrads got grants or scholarships worth on average $5,611 (covering around 2105 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 74% | $5,611 |
| Federal Pell grants | 66% | $5,568 |
| Federal student loans | 17% | $5,281 |
For students living on campus and receiving title-IV aid, grants averaged $7,049.
The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $8,664 |
| $30,001 – $75,000 | $9,882 |
| Over $75,000 | $13,173 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
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 | $9,788 |
| Off-campus title-IV students | $8,964 |
For a personalized estimate based on your family’s financial situation, use Inter American University of Puerto Rico - Metro’s net price tool: www.inter.edu/NetPrice/Metropolitan/.
A typical borrower at Inter American University of Puerto Rico - Metro leaves with $8,666 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $8,666 |
| Median federal debt (graduates only) | $10,975 |
| Typical 10-year monthly payment (graduates) | $116.35/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. Use the percentiles below to see the debt range at Inter American University of Puerto Rico - Metro.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,750 |
| 25th percentile | $2,750 |
| 75th percentile | $7,700 |
| 90th percentile (highest-debt students) | $12,100 |
Median debt varies by family income, by first-generation status, and by dependency status.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $8,499 |
| Middle income | $8,832 |
| High income | $9,920 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $8,666 |
| Continuing-generation students | $8,666 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $8,000 |
| Independent students | $9,551 |
These indicators are derived from the underlying debt data and summarize the overall picture at Inter American University of Puerto Rico - Metro.
Most undergraduate borrowing runs through the federal Stafford loan program. The totals below capture Stafford lending at Inter American University of Puerto Rico - Metro:
| Metric | Value |
|---|---|
| Stafford loan recipients | 28241 |
| Total Stafford loan amount | $450,009,713 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 106 |
| Total GI Bill amount | $390,316 |
| Average GI Bill amount per recipient | $3,682 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.