Scholarships, Grants, and Loan Trends at Boricua

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 740, which is 95.44 % of all undergraduate students. 106 students which is 14.67% of undergraduate students received federal student loans and the average loan amount is $3,837.
For full-time, first-time beginning students (freshmen), 94.22% of students received grants or scholarships and 7% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Boricua College since 2013.
For that period, the average number of students who received grants aid/scholarships is 740, which is 95.44 % of all undergraduate students. 106 students which is 14.67% of undergraduate students received federal student loans and the average loan amount is $3,837.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,005 (96%)$5,101972 (93%)$2,918143 (14%)$3,295
2014-151,104 (100%)$4,8081,026 (93%)$2,699102 (9%)$2,606
2015-16925 (100%)$3,201863 (93%)$2,69286 (9%)$2,191
2016-17866 (96%)$4,467803 (89%)$2,745131 (15%)$2,936
2017-18769 (100%)$4,367745 (97%)$2,633132 (17%)$2,675
2018-19616 (96%)$7,392571 (89%)$4,86397 (15%)$4,120
2019-20600 (95%)$7,747562 (89%)$4,825110 (17%)$5,513
2020-21435 (85%)$7,866417 (82%)$4,90086 (17%)$5,450
2021-22342 (91%)$7,898305 (81%)$5,06370 (19%)$5,747
Average740 (95.44%)$5,872696 (89.56%)$3,704106 (14.67%)$3,837

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

For the last 10 years, on average, 116 (94.22 % of students) received grants or scholarships and its average amount is $6,305. It can cover 50.34% of tuition & fees ($12,525).
In addition, 8 (6.67 % of students) students get helped from the students loans (average amount : $3,366).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14213 (97%)$4,57713 (6%)$2,099
2014-15209 (100%)$4,80217 (8%)$1,609
2015-16129 (100%)$4,1954 (3%)$2,387
2016-17128 (96%)$4,63812 (9%)$2,717
2017-18130 (100%)$4,6736 (5%)$2,083
2018-1962 (93%)$7,8545 (7%)$3,118
2019-2082 (90%)$8,3607 (8%)$5,933
2020-2128 (78%)$8,3363 (8%)$3,421
2021-2262 (94%)$9,3074 (6%)$6,928
Average116 (94.22%)$6,3058 (6.67%)$3,366
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.
The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 107 (86.22 % of students) received Pell (federal) grants and its average amount is $3,838.
In addition, 101 students received State/local government grants/scholarships (79.67 % of students).
Year Federal (Pell) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14205 (93%)$2,6359 (4%)$333193 (88%)$2,2312 (1%)$600
2014-15182 (87%)$2,72710 (5%)$363188 (90%)$2,6703 (1%)$620
2015-16119 (92%)$2,3998 (6%)$1,775109 (84%)$2,2071 (1%)$1,000
2016-17119 (89%)$2,7346 (5%)$279118 (89%)$2,2521 (1%)$1,000
2017-18120 (92%)$2,8451 (1%)$500105 (81%)$2,5201 (1%)$1,000
2018-1959 (88%)$4,7501 (1%)$3,01352 (78%)$3,917--
2019-2077 (85%)$5,02815 (16%)$1,14368 (75%)$4,1331 (1%)$211
2020-2124 (67%)$5,7987 (19%)$81418 (50%)$4,6496 (17%)$810
2021-2255 (83%)$5,62621 (32%)$88854 (82%)$4,6021 (2%)$500
Average107 (86.22%)$3,8389 (9.89%)$1,012101 (79.67%)$3,2422 (3.13%)$718
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students..
The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.
For the last 10 years, on average, 8 (6.67 % of students) get any students loan help and its average loan amount is $8.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1413 (6%)$2,09912 (5%)$2,0441 (0%)$2,750
2014-1517 (8%)$1,60917 (8%)$1,609--
2015-164 (3%)$2,3874 (3%)$2,387--
2016-1712 (9%)$2,71712 (9%)$2,717--
2017-186 (5%)$2,0836 (5%)$2,083--
2018-195 (7%)$3,1185 (7%)$3,118--
2019-207 (8%)$5,9337 (8%)$5,933--
2020-213 (8%)$3,4213 (8%)$3,421--
2021-224 (6%)$6,9284 (6%)$6,928--
Average8 (6.67%)$3,3668 (6.56%)$3,3601 (0.00%)$2,750
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