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.
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.
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 Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 93% | $7,036 |
| Institutional grants & scholarships | 18% | $486 |
| Federal Pell grants | 91% | $6,972 |
| State/local grants | 1% | $400 |
| Federal student loans | 16% | $4,453 |
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 Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 89% | $8,326 |
| Federal Pell grants | 80% | $7,078 |
| Federal student loans | 24% | $5,792 |
On-campus students receiving title-IV aid were awarded grants averaging $7,103.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average 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.
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 | $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/.
The median federal debt load at Pontifical Catholic University of Puerto Rico - Mayaguez comes to $11,337 in federal loans.
| Metric | Amount |
|---|---|
| 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.
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.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,142 |
| 25th percentile | $3,900 |
| 75th percentile | $17,700 |
| 90th percentile (highest-debt students) | $27,500 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $11,000 |
| Middle income | $11,600 |
| High income | $15,626 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $11,200 |
| Continuing-generation students | $11,500 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $11,000 |
| Independent students | $15,500 |
The figure below distills the debt data into a single burden category for 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:
| Metric | Value |
|---|---|
| Stafford loan recipients | 34902 |
| Total Stafford loan amount | $965,115,109 |
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 | 3 |
| Total GI Bill amount | $10,474 |
| Average GI Bill amount per recipient | $3,491 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 1 |
| Total DoD amount | $1,410 |
| Average DoD amount per recipient | $1,410 |
References
More about our data sources and methodologies.