Financial Aid Official Website
www.uprb.edu/contactanos/decanato-de-asuntos-estudiantiles/asistencia-economica/
Notably, 85% of the students at University of Puerto Rico-Bayamon get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $549,793. More information regarding the financial assistance schemes can be accessed on UPRB’s official financial aid page at http://www.uprb.edu/contactanos/decanato-de-asuntos-estudiantiles/asistencia-economica/. At UPRB, the total percentage of applicants who receive the Federal Grant stands at 85%. Meanwhile, 85% of the applicants receive the Student Grant and 85% are awarded the Institution Grant, while 85% of the students get the Pell Grant. While the Federal Grant awardees receive an average aid of $1,981, the State Grant receivers and Institution Grant beneficiaries get $319 and $290, respectively. On the other hand, the average aid received by the Pell Grant awardees is $3,116. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. 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. Candidates are also required to repay these loans within a given period. At UPRB, an estimated number of 1% of the applicants choose to go for student loans.