Inter American University of Puerto Rico-San German Financial Aid and Scholarships
Students Receiving Aid
85%
Total Aid Amount
$18.247M
Financial Aid Official Website
www.inter.edu/ayudas-economicas/
Among them are scholarship programs such as College Assistance Migrant Program (CAMP). As many as 92% of the students at IAUPRSG get some sort of financial aid, and the total amount of assistance/loans provided is more than $3,834,535 in a year. For additional information about financial assistance schemes, one can head over to IAUPRSG’s financial aid page at http://www.inter.edu/ayudas-economicas/. At IAUPRSG, the total percentage of applicants who receive the Federal Grant stands at 90%. In comparison, 92% of the students are awarded the Student Grant, 30% get the Institution Grant, and 90% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,655, and the same stands at $561 for State Grant awardees and $643 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $5,268. 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 $5,497 per year. For the $30,001-$48,000 and $48,001-$75,000 family income brackets, the average aid amount stands at $4,413 and $3,013, respectively. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At Inter American University of Puerto Rico-San German, the percentage of candidates who opt to avail of student loans is around 5%.
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