$3,777

Avg. Federal Grant

N/A

Avg. Federal Loan

$492,923

Total Aid Awarded

IVAEM College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

100%

Total Aid Amount Average Total Aid Awarded per year.

$492.923K

Financial Aid Official Website

www.ivaempr.com/asistencia-economica

It is interesting to note that, every year, around 76% of students at IC receive some kind of financial aid. Notably, a total of 76% of the applicants to IVAEM College receive the Federal Grant every year. Meanwhile, 76% of the applicants receive the Student Grant and 63% are awarded the Institution Grant, while 74% of the students get the Pell Grant. And, for the Pell Grant awardees, the average aid amount is $4,937. 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. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. 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

8%

Institution Grant Aid

73%

Pell Grant

96%

Average Aid Awarded

Federal Grant Aid

$3,777

State Grant Aid

$1,006

Institution Grant Aid

$399

Pell Grant

$3,854

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$4,928

$30,001 - $48,000

N/A

$48,001 - $75,000

N/A

$75,001 - $110,000

N/A

Over $110,000

N/A

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#N/A

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