Educational Technical College-Recinto de Bayamon Financial Aid and Scholarships
Students Receiving Aid
73%
Total Aid Amount
$1.159M
Financial Aid Official Website
www.edutecpr.com
It is interesting to note that, every year, around 73% of students at ETCRB receive some kind of financial aid, while the total amount of assistance/loans provided is $22,500. At ETCRB, the total percentage of applicants who receive the Federal Grant stands at 73%. In comparison, 73% of the students get the Student Grant, and 73% of the applicants receive the Pell Grant. And, for the Pell Grant awardees, the average aid amount is $4,701. Among other things, the annual family income of the applicant plays a major role in determining the total financial aid they are actually eligible to receive. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Moreover, the funds received through these loans will have to be repaid within a given timeframe.