by our College Data Analytics TeamMany students will not be asked to pay the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The price tag of going to Universidad Ana G. Mendez-Cupey Campus can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.
Just what financial assistance solutions will UMET deliver, and just what are you going to be eligible for? Read on for answers. Scroll down to find out just how much financial aid will be open to you.
How much aid you qualify for depends largely on your family’s financial circumstances. The figures below will help you estimate the aid you might receive from Universidad Ana G. Mendez-Cupey Campus.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
At Universidad Ana G. Mendez-Cupey Campus, 100% of the incoming full-time class was awarded financial aid around 680 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $7,263 |
| Institutional grants & scholarships | 74% | $611 |
| Federal Pell grants | 100% | $6,206 |
| State/local grants | 8% | $3,243 |
| Federal student loans | 23% | $4,650 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. At UMET, roughly 99% of undergraduates were awarded grant or scholarship aid averaging $4,749 (for some 4579 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 99% | $4,749 |
| Federal Pell grants | 99% | $4,560 |
| Federal student loans | 58% | $4,202 |
Title-IV recipients living on campus saw average grant aid of $6,568.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $7,558 |
| $30,001 – $75,000 | $9,795 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $7,646 |
| Off-campus title-IV students | $7,559 |
To get a personalized net price estimate, try UMET’s NPC: documento.uagm.edu/netprice/np-cupey.html.
The median federal debt load at UMET comes to $10,006 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $10,006 |
| Median federal debt (graduates only) | $14,250 |
| Typical 10-year monthly payment (graduates) | $151.07/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
The median alone does not show how widely outcomes vary across the student body. These percentiles trace how cumulative federal debt is spread among borrowers at UMET.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,750 |
| 25th percentile | $2,806 |
| 75th percentile | $13,078 |
| 90th percentile (highest-debt students) | $21,244 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $10,011 |
| Middle income | $10,000 |
| High income | $10,487 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $10,151 |
| Continuing-generation students | $9,976 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $8,250 |
| Independent students | $14,916 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. UMET.
The Stafford program is the federal direct-loan vehicle most undergraduates use. These figures summarize annual Stafford program activity at UMET:
| Metric | Value |
|---|---|
| Stafford loan recipients | 37867 |
| Total Stafford loan amount | $681,561,737 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 103 |
| Total GI Bill amount | $410,101 |
| Average GI Bill amount per recipient | $3,982 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 35 |
| Total DoD amount | $88,181 |
| Average DoD amount per recipient | $2,519 |
References
More about our data sources and methodologies.