by our College Data Analytics TeamA lot of students will never be charged 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 University of Puerto Rico at Ponce can appear overpowering, but remember that the majority of students obtain some kind of financial assistance.
Just what financial assistance solutions will UPR Ponce provide, and just what are you going to be eligible for? Read on for answers. Keep reading to see how much school funding could be available to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Read on to get a sense of the financial assistance available at University of Puerto Rico at Ponce.
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. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
Among first-time, full-time freshmen at University of Puerto Rico at Ponce, 86% of entering full-time freshmen got some type of financial assistance approximately 525 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 86% | $7,363 |
| Institutional grants & scholarships | 32% | $1,921 |
| Federal Pell grants | 80% | $6,399 |
| State/local grants | 11% | $1,715 |
| Federal student loans | 4% | $3,182 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At this school, about 90% of undergraduate students received gift aid averaging $7,293 (for some 2091 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 90% | $7,293 |
| Federal Pell grants | 83% | $6,247 |
| Federal student loans | 8% | $4,189 |
Title-IV recipients living on campus saw average grant aid of $6,203.
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 | $7,267 |
| $30,001 – $75,000 | $8,037 |
| Over $75,000 | $8,633 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $10,990 |
| Off-campus title-IV students | $7,455 |
To get a personalized net price estimate, try UPR Ponce’s official net price calculator: sites.google.com/upr.edu/opei-netpricecalculator/.
The middle student in the debt distribution at UPR Ponce owes $5,500 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $5,500 |
| Median federal debt (graduates only) | $5,500 |
| Typical 10-year monthly payment (graduates) | $58.31/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
Looking only at the median can be misleading because it hides the spread. These percentiles trace how cumulative federal debt is spread among borrowers at UPR Ponce.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,300 |
| 25th percentile | $3,500 |
| 75th percentile | $7,100 |
| 90th percentile (highest-debt students) | $11,000 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $5,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $5,500 |
| Continuing-generation students | $5,500 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. UPR Ponce.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The annual Stafford volume below reflects program activity at UPR Ponce:
| Metric | Value |
|---|---|
| Stafford loan recipients | 3291 |
| Total Stafford loan amount | $20,007,143 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 123 |
| Total GI Bill amount | $288,360 |
| Average GI Bill amount per recipient | $2,344 |
References
More about our data sources and methodologies.