by our College Data Analytics TeamMost 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 University of Puerto Rico at Cayey can sound overwhelming, but bear in mind that many students get some type of financial aid.
Just what financial aid solutions can UPR Cayey provide, and just what are you going to be eligible for? Keep reading for answers. Keep reading to discover how much school funding could be available 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 University of Puerto Rico at Cayey.
Financial aid, in the form of loans, grants, work-study, and scholarships, is one way colleges reduce the cost of attendance so most students can actually afford to attend. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
For incoming first-year students at University of Puerto Rico at Cayey, 92% of entering full-time freshmen got some type of financial assistance some 521 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 92% | $5,733 |
| Institutional grants & scholarships | 0% | $1,427 |
| Federal Pell grants | 85% | $6,179 |
| State/local grants | 5% | $850 |
| Federal student loans | 1% | $3,500 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At this school, roughly 85% of the undergraduate population received grant aid that averaged $5,632 (for some 1888 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 85% | $5,632 |
| Federal Pell grants | 76% | $6,016 |
| Federal student loans | 0% | $4,250 |
Title-IV recipients living on campus saw average grant aid of $5,733.
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 | $8,892 |
| $30,001 – $75,000 | $9,909 |
| Over $75,000 | $11,571 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
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 | $10,176 |
| Off-campus title-IV students | $9,148 |
To get a personalized net price estimate, try UPR Cayey’s online cost calculator: www.upr.edu/netprice/cayey.html.
The median student at UPR Cayey graduates with $5,000 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $5,000 |
| Median federal debt (graduates only) | $5,000 |
| Typical 10-year monthly payment (graduates) | $53.01/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The four reference points below map the debt distribution at UPR Cayey.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,599 |
| 25th percentile | $3,500 |
| 75th percentile | $5,500 |
| 90th percentile (highest-debt students) | $9,000 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $5,000 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $5,000 |
| Continuing-generation students | $5,000 |
The figure below distills the debt data into a single burden category for UPR Cayey.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The totals below capture Stafford lending at UPR Cayey:
| Metric | Value |
|---|---|
| Stafford loan recipients | 2356 |
| Total Stafford loan amount | $13,148,385 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 8 |
| Total GI Bill amount | $13,785 |
| Average GI Bill amount per recipient | $1,723 |
References
More about our data sources and methodologies.