American University of Puerto Rico Financial Aid and Scholarships
Students Receiving Aid
92%
Total Aid Amount
$2.733M
Financial Aid Official Website
aupr.edu/asistencia-economica/
It is interesting to note that, every year, around 94% of students at AUPR receive some kind of financial aid, while the total amount of assistance/loans provided is $172,152. One can visit AUPR's financial aid page at http://aupr.edu/asistencia-economica/ for more information. Notably, a total of 91% of the applicants to American University of Puerto Rico receive the Federal Grant every year. On the other hand, 94% of the candidates get the Student Grant, 70% receive the Institution Grant, and 90% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,718, while the same comes to $597 for State Grant receivers and $1,081 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $5,486. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Students whose family income per annum is less than $30,000 will receive a federal aid of $5,954 on average in a year. Candidates who come under the $30,001-$48,000 family income bracket receive an average aid of $5,142, while those falling in the $48,001-$75,000 income category get $4,303 a year. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period.
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