$6,554

Avg. Federal Grant

$5,651

Avg. Federal Loan

$6,070,646

Total Aid Awarded

EDP University of Puerto Rico, Inc Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

58%

Total Aid Amount Average Total Aid Awarded per year.

$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%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

88%

State Grant Aid

6%

Institution Grant Aid

1%

Pell Grant

88%

Average Aid Awarded

Federal Grant Aid

$6,554

State Grant Aid

$528

Institution Grant Aid

$300

Pell Grant

$6,354

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$6,760

$30,001 - $48,000

$5,419

$48,001 - $75,000

$5,369

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for EDP University of Puerto Rico, Inc

Average Loan Amount Average Loan Amount received per year.

$5,651/Year

Students Taking Out Loans

22%

Loan Default Rate

N/A

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