$5,108

Avg. Federal Grant

N/A

Avg. Federal Loan

$1,158,599

Total Aid Awarded

Educational Technical College-Recinto de Bayamon Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

73%

Total Aid Amount Average Total Aid Awarded per year.

$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.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

77%

State Grant Aid

37%

Institution Grant Aid

N/A

Pell Grant

77%

Average Aid Awarded

Federal Grant Aid

$5,108

State Grant Aid

$385

Institution Grant Aid

N/A

Pell Grant

$4,823

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$4,379

$30,001 - $48,000

$2,800

$48,001 - $75,000

N/A

$75,001 - $110,000

N/A

Over $110,000

N/A

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