Such schemes include Institutional Scholarship, Legislative Scholarship, and Program Ayuda Suplementaria. As many as 77% of the students at UPRRP get some sort of financial aid, and the total amount of assistance/loans provided is more than $5,552,388 in a year. For additional information about financial assistance schemes, one can head over to UPRRP’s financial aid page at http://asistenciaeconomica.uprrp.edu/. The total percentage of candidates applying to University of Puerto Rico-Rio Piedras who receive the Federal Grant is 76%. In comparison, 77% of the students are awarded the Student Grant, 37% get the Institution Grant, and 72% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,150, and the same stands at $149 for State Grant awardees and $495 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $5,021. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for 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. Every year, around 4% of the applicants to University of Puerto Rico-Rio Piedras opt for student loans.