How Caribbean University-Bayamon's Financial Aid Changes

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Caribbean University-Bayamon since 2013.

For that period, the average number of students who received grants aid/scholarships is 1,045, which is 92.22 % of all undergraduate students. 313 students which is 30.33% of undergraduate students received federal student loans and the average loan amount is $4,524.

Year	Grant or Scholarship^*		Pell Grants		Federal Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	1,385 (88%)	$6,023	1,305 (83%)	$4,564	324 (21%)	$4,510
2014-15	1,477 (91%)	$6,129	1,400 (86%)	$4,484	357 (22%)	$4,743
2015-16	1,489 (93%)	$4,851	1,396 (87%)	$4,527	361 (23%)	$4,806
2016-17	1,226 (88%)	$5,253	1,200 (87%)	$4,720	355 (26%)	$4,425
2017-18	1,014 (86%)	$5,586	993 (84%)	$4,837	343 (29%)	$4,132
2018-19	788 (84%)	$5,917	699 (74%)	$5,941	325 (35%)	$6,662
2019-20	743 (100%)	$6,325	668 (90%)	$2,794	41 (6%)	$2,512
2020-21	666 (100%)	$4,637	577 (87%)	$5,275	308 (46%)	$2,163
2021-22	617 (100%)	$5,548	595 (96%)	$5,349	404 (65%)	$6,765
Average	1,045 (92.22%)	$5,585	981 (86.00%)	$4,721	313 (30.33%)	$4,524

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

Overview

For the last 10 years, on average, 140 (98.11 % of students) received grants or scholarships and its average amount is $5,504. It can cover 92.78% of tuition & fees ($5,932).

In addition, 12 (11.22 % of students) students get helped from the students loans (average amount : $2,619).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	228 (96%)	$5,496	7 (3%)	$3,311
2014-15	256 (96%)	$5,853	10 (4%)	$3,570
2015-16	239 (96%)	$5,522	13 (5%)	$3,359
2016-17	145 (99%)	$5,822	19 (13%)	$2,493
2017-18	85 (96%)	$7,016	16 (18%)	$2,629
2018-19	94 (100%)	$5,816	11 (12%)	$1,576
2019-20	73 (100%)	$7,079	20 (27%)	$1,750
2020-21	65 (100%)	$4,215	2 (3%)	$2,722
2021-22	75 (100%)	$2,714	12 (16%)	$2,165
Average	140 (98.11%)	$5,504	12 (11.22%)	$2,619

^*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.

Grants/Scholarship

The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 130 (86.89 % of students) received Pell (federal) grants and its average amount is $5,305.

In addition, 45 students received State/local government grants/scholarships (18.20 % of students).

Year	Federal (Pell) Grants		Other Federal		State/Local government		Institutional
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	224 (95%)	$5,009	56 (24%)	$471	68 (29%)	$347	35 (15%)	$2,318
2014-15	250 (94%)	$5,109	85 (32%)	$572	114 (43%)	$325	55 (21%)	$2,461
2015-16	233 (94%)	$4,924	51 (20%)	$345	33 (13%)	$385	55 (22%)	$2,584
2016-17	144 (99%)	$5,081	31 (21%)	$549	7 (5%)	$621	32 (22%)	$2,849
2017-18	81 (91%)	$5,140	20 (22%)	$1,100	-	-	63 (71%)	$2,508
2018-19	83 (88%)	$6,087	6 (6%)	$758	1 (1%)	$573	84 (89%)	$433
2019-20	65 (89%)	$6,195	73 (100%)	$1,300	-	-	32 (44%)	$600
2020-21	33 (51%)	$6,949	56 (86%)	$617	-	-	30 (46%)	$336
2021-22	61 (81%)	$3,248	14 (19%)	$346	-	-	2 (3%)	$300
Average	130 (86.89%)	$5,305	44 (36.67%)	$673	45 (18.20%)	$450	43 (37.00%)	$1,599

^*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..

Student Loans

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, 12 (11.22 % of students) get any students loan help and its average loan amount is $12.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	7 (3%)	$3,311	7 (3%)	$3,311	-	-
2014-15	10 (4%)	$3,570	10 (4%)	$3,570	-	-
2015-16	13 (5%)	$3,359	13 (5%)	$3,359	-	-
2016-17	19 (13%)	$2,493	19 (13%)	$2,493	-	-
2017-18	16 (18%)	$2,629	16 (18%)	$2,629	-	-
2018-19	11 (12%)	$1,576	11 (12%)	$1,576	-	-
2019-20	20 (27%)	$1,750	20 (27%)	$1,750	-	-
2020-21	2 (3%)	$2,722	2 (3%)	$2,722	-	-
2021-22	12 (16%)	$2,165	12 (16%)	$2,165	-	-
Average	12 (11.22%)	$2,619	12 (11.22%)	$2,619	-	-