CEM College Financial Aid and Scholarships
Students Receiving Aid
93%
Total Aid Amount
$1.016M
Financial Aid Official Website
www.cemcollege.edu/asistencia_economica.html
Interestingly, almost all of the students at CCB receive some sort of financial aid, and the total amount of assistance/loans provided totals more than $108,092 in a year. The total percentage of candidates applying to CEM College-Bayamon who receive the Federal Grant is 100%. Meanwhile, 100% of the applicants receive the Student Grant and 2% are awarded the Institution Grant, while 100% of the students get the Pell Grant. And, for the Pell Grant awardees, the average aid amount is $4,482. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. However, student loans attract a certain rate of interest at which the funds are borrowed. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At CEM College-Bayamon, the percentage of candidates who opt to avail of student loans is around 6%.
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