$5,873

Avg. Federal Grant

N/A

Avg. Federal Loan

$1,728,069

Total Aid Awarded

ICPR Junior College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

98%

Total Aid Amount Average Total Aid Awarded per year.

$1.728M

Financial Aid Official Website

N/A

It is interesting to note that almost every student at IJCA receives some kind of financial aid. The total percentage of candidates applying to ICPR Junior College-Arecibo who receive the Federal Grant is 100%. On the other hand, 100% of the candidates get the Student Grant, 35% receive the Institution Grant, and 100% get the Pell Grant. While the Federal Grant awardees receive an average aid of $6,468, the State Grant receivers and Institution Grant beneficiaries get $600 and $300, respectively. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $5,318. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for 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.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

100%

State Grant Aid

94%

Institution Grant Aid

19%

Pell Grant

100%

Average Aid Awarded

Federal Grant Aid

$5,873

State Grant Aid

$525

Institution Grant Aid

$323

Pell Grant

$5,553

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$6,188

$30,001 - $48,000

$5,853

$48,001 - $75,000

$1,965

$75,001 - $110,000

N/A

Over $110,000

N/A

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