$6,246

Avg. Federal Grant

N/A

Avg. Federal Loan

$2,893,236

Total Aid Awarded

Universal Technology College of Puerto Rico Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

97%

Total Aid Amount Average Total Aid Awarded per year.

$2.893M

Financial Aid Official Website

N/A

It is interesting to note that, every year, around 98% of students at UTCPR receive some kind of financial aid. The total percentage of candidates applying to Universal Technology College of Puerto Rico who receive the Federal Grant is 98%. On the other hand, 98% of the candidates get the Student Grant, 4% receive the Institution Grant, and 98% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,646, while the same comes to $380 for State Grant receivers and $388 for Institution Grant awardees. And, for the Pell Grant awardees, the average aid amount is $4,050. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Students whose family income per annum is less than $30,000 will receive a federal aid of $5,248 on average in a year. For the $30,001-$48,000 and $48,001-$75,000 family income brackets, the average aid amount stands at $4,273 and $3,818, 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. However, student loans attract a certain rate of interest at which the funds are borrowed. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

98%

State Grant Aid

33%

Institution Grant Aid

4%

Pell Grant

98%

Average Aid Awarded

Federal Grant Aid

$6,246

State Grant Aid

$325

Institution Grant Aid

$370

Pell Grant

$5,671

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$6,376

$30,001 - $48,000

$6,304

$48,001 - $75,000

$4,815

$75,001 - $110,000

N/A

Over $110,000

N/A

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