As many as 73% of the students at UPRC get some sort of financial aid, and the total amount of assistance/loans provided is more than $846,871 in a year. More information regarding the financial assistance schemes can be accessed on UPRC’s official financial aid page at http://www.uprc.edu/asistencia-economica. The total percentage of candidates applying to University of Puerto Rico-Carolina who receive the Federal Grant is 71%. In comparison, 73% of the students are awarded the Student Grant, 14% get the Institution Grant, and 71% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,565, and the same stands at $259 for State Grant awardees and $1,621 for Institution Grant recipients. And, for the Pell Grant awardees, the average aid amount is $4,619. 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. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Candidates are also required to repay these loans within a given period. At UPRC, an estimated number of 3% of the applicants choose to go for student loans.