$2,610

Avg. Federal Grant

$2,624

Avg. Federal Loan

$55,160

Total Aid Awarded

Ponce Health Sciences University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

100%

Total Aid Amount Average Total Aid Awarded per year.

$55.160K

Financial Aid Official Website

www.psm.edu

Interestingly, almost all of the students at PHSU receive some sort of financial aid, and the total amount of assistance/loans provided totals more than $119,350 in a year. Notably, a total of 100% of the applicants to Ponce Health Sciences University receive the Federal Grant every year. In comparison, 100% of the students get the Student Grant, and 100% of the applicants receive the Pell Grant. On the other hand, the average aid received by the Pell Grant awardees is $4,630. 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. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. However, student loans attract a certain rate of interest at which the funds are borrowed. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At Ponce Health Sciences University, the percentage of candidates who opt to avail of student loans is around 100%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

100%

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

100%

Average Aid Awarded

Federal Grant Aid

$2,610

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

$2,610

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$2,960

$30,001 - $48,000

$2,118

$48,001 - $75,000

$1,985

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for Ponce Health Sciences University

Average Loan Amount Average Loan Amount received per year.

$2,624/Year

Students Taking Out Loans

100%

Loan Default Rate

3.5%

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