by our College Data Analytics TeamMany students will not be asked to pay 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 sum total of attendance at Universidad Central Del Caribe can sound overwhelming, but bear in mind that many students get some type of financial aid.
What financial aid options can UCC offer, and what will you qualify for? Keep reading for more information. Keep scrolling to find out just how much financial aid will be open to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. The figures below will help you estimate the aid you might receive from Universidad Central Del Caribe.
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.
Looking at the entering class at Universidad Central Del Caribe, 100% of the incoming full-time class was awarded financial aid some 7 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $6,118 |
| Institutional grants & scholarships | 29% | $3,500 |
| Federal Pell grants | 71% | $7,165 |
| State/local grants | 0% | — |
| Federal student loans | 0% | — |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. Across the undergraduate body at UCC, approximately 100% of undergraduates were awarded grant or scholarship aid averaging $4,314 (among about 90 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $4,314 |
| Federal Pell grants | 72% | $5,283 |
| Federal student loans | 18% | $5,183 |
Title-IV recipients living on campus saw average grant aid of $6,118.
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 | $8,011 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
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 | $8,524 |
| Off-campus title-IV students | $8,011 |
For a customized cost estimate, visit UCC’s net price calculator: www.uccaribe.edu/student-right-to-know/.
The median student at UCC graduates with $7,050 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $7,050 |
| Median federal debt (graduates only) | $7,363 |
| Typical 10-year monthly payment (graduates) | $78.06/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
A handful of calculated indicators summarize the debt outlook at UCC.
Stafford loans make up the bulk of federal direct lending to undergraduates. The aggregate figures below show how active the program is at UCC:
| Metric | Value |
|---|---|
| Stafford loan recipients | 2205 |
| Total Stafford loan amount | $224,353,294 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 2 |
| Total GI Bill amount | $27,751 |
| Average GI Bill amount per recipient | $13,876 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.