$5,429

Avg. Federal Grant

$2,908

Avg. Federal Loan

$1,016,394

Total Aid Awarded

CEM College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

93%

Total Aid Amount Average Total Aid Awarded per year.

$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%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

100%

State Grant Aid

6%

Institution Grant Aid

35%

Pell Grant

100%

Average Aid Awarded

Federal Grant Aid

$5,429

State Grant Aid

$445

Institution Grant Aid

$268

Pell Grant

$5,258

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,559

$30,001 - $48,000

$5,070

$48,001 - $75,000

N/A

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for CEM College

Average Loan Amount Average Loan Amount received per year.

$2,908/Year

Students Taking Out Loans

8%

Loan Default Rate

N/A

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