Notably, 96% of the students at Universidad Politecnica de Puerto Rico get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $9,970,523. For additional information about financial assistance schemes, one can head over to UPPR’s financial aid page at http://www.pupr.edu/services/financial-aid/. Notably, a total of 83% of the applicants to Universidad Politecnica de Puerto Rico receive the Federal Grant every year. On the other hand, 93% of the candidates get the Student Grant, 49% receive the Institution Grant, and 83% get the Pell Grant. And, for the Pell Grant awardees, the average aid amount is $3,922. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Those with a family income below $30,000 per annum, would get an average federal aid of $5,780 in a year. For the $30,001-$48,000 and $48,001-$75,000 family income brackets, the average aid amount stands at $5,074 and $2,159, 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. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Moreover, the funds received through these loans will have to be repaid within a given timeframe. Every year, around 40% of the applicants to Universidad Politecnica de Puerto Rico opt for student loans.