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Pontifical Catholic University of Puerto Rico-Mayaguez Financial Aid and Scholarship Details

93% Freshmen Get Financial Aid
$8,326 Average Grant & Scholarship
89% Undergrads Get Grant Aid

The majority 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 Pontifical Catholic University of Puerto Rico-Mayaguez can appear overpowering, but remember that the majority of students obtain some kind of financial assistance.

Just what financial aid solutions can Pontifical Catholic University of Puerto Rico - Mayaguez provide, and just what are you going to be eligible for? Keep reading for answers. Read on to learn just how much financial aid will be open to you.

Why You Should Understand Pontifical Catholic University of Puerto Rico - Mayaguez Financial Aid Information

The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. Use the information below to understand how much financial assistance you may get from Pontifical Catholic University of Puerto Rico-Mayaguez.

What First Years Receive at Pontifical Catholic University of Puerto Rico-Mayaguez

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 freshmen starting at Pontifical Catholic University of Puerto Rico-Mayaguez, 93% of new full-time first-years were awarded at least some aid roughly 92 new students).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)93%$7,036
Institutional grants & scholarships18%$486
Federal Pell grants91%$6,972
State/local grants1%$400
Federal student loans16%$4,453

Undergraduate Grant Aid at Pontifical Catholic University of Puerto Rico-Mayaguez

Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. Here, roughly 89% of undergrads got grants or scholarships worth on average $8,326 (covering around 550 undergraduates).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)89%$8,326
Federal Pell grants80%$7,078
Federal student loans24%$5,792

On-campus students receiving title-IV aid were awarded grants averaging $7,103.

Net Price by Family Income at Pontifical Catholic University of Puerto Rico-Mayaguez

Need-based aid means lower-income families typically pay far less than the sticker price suggests.

Family IncomeAverage Net Price
$0 – $48,000$7,953
$30,001 – $75,000$9,175
Over $75,000$13,024

Each amount is the average cost remaining once grant aid is subtracted, by income band.

What a Degree Really Costs at Pontifical Catholic University of Puerto Rico-Mayaguez

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$11,502
Off-campus title-IV students$8,264

For an estimate tailored to your family circumstances, see Pontifical Catholic University of Puerto Rico - Mayaguez’s net price tool: mayaguez.pucpr.edu/net_price_calculator/.

How Much Students Borrow at Pontifical Catholic University of Puerto Rico-Mayaguez

The median federal debt load at Pontifical Catholic University of Puerto Rico - Mayaguez comes to $11,337 in federal loans.

MetricAmount
Median federal debt (all student-aid borrowers)$11,337
Median federal debt (graduates only)$15,500
Typical 10-year monthly payment (graduates)$164.33/mo

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

How Debt Is Distributed Across Students

The median alone does not show how widely outcomes vary across the student body. The percentiles below describe the cumulative federal debt distribution for borrowers at Pontifical Catholic University of Puerto Rico - Mayaguez.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$2,142
25th percentile$3,900
75th percentile$17,700
90th percentile (highest-debt students)$27,500

Debt by Student Cohort at Pontifical Catholic University of Puerto Rico-Mayaguez

Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.

Median Debt by Income Bracket

Income tierMedian federal debt
Low income$11,000
Middle income$11,600
High income$15,626

First-Generation Comparison

CohortMedian federal debt
First-generation students$11,200
Continuing-generation students$11,500

Dependency-Status Comparison

CohortMedian federal debt
Dependent students$11,000
Independent students$15,500

Debt Burden Indicators

The figure below distills the debt data into a single burden category for Pontifical Catholic University of Puerto Rico - Mayaguez.

Federal Student Loans at Pontifical Catholic University of Puerto Rico-Mayaguez

The Stafford program is the federal direct-loan vehicle most undergraduates use. The aggregate figures below show how active the program is at Pontifical Catholic University of Puerto Rico - Mayaguez:

MetricValue
Stafford loan recipients34902
Total Stafford loan amount$965,115,109

Veteran and Military Aid at Pontifical Catholic University of Puerto Rico-Mayaguez

Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.

Post-9/11 GI Bill activity

MetricValue
GI Bill recipients3
Total GI Bill amount$10,474
Average GI Bill amount per recipient$3,491

DoD Tuition Assistance activity

MetricValue
DoD Tuition Assistance recipients1
Total DoD amount$1,410
Average DoD amount per recipient$1,410

Pontifical Catholic University of Puerto Rico-Mayaguez Financial Aid Resources

References

More about our data sources and methodologies.

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