EDP University of Puerto Rico, Inc Financial Aid and Scholarships
Students Receiving Aid
58%
Total Aid Amount
$6.071M
Financial Aid Official Website
edpuniversity.edu/ayudas_economicas/
Notably, 90% of the students at EDP University of Puerto Rico Inc-San Juan get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $5,154,614. For additional information about financial assistance schemes, one can head over to EUPRISJ’s financial aid page at http://edpuniversity.edu/ayudas-economicas/. Notably, a total of 90% of the applicants to EDP University of Puerto Rico Inc-San Juan receive the Federal Grant every year. In comparison, 90% of the students are awarded the Student Grant, 1% get the Institution Grant, and 90% of the applicants receive the Pell Grant. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,121. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. On average, students with an annual family income of less than $30,000 will obtain a federal aid of $5,355 per year. For the $30,001-$48,000 and $48,001-$75,000 family income brackets, the average aid amount stands at $5,275 and $1,799, respectively. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Candidates are also required to repay these loans within a given period. At EDP University of Puerto Rico Inc-San Juan, the percentage of candidates who opt to avail of student loans is around 21%.
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