How Caribbean University-Vega Baja'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-Vega Baja since 2013.

For that period, the average number of students who received grants aid/scholarships is 267, which is 93.89 % of all undergraduate students. 109 students which is 42.22% of undergraduate students received federal student loans and the average loan amount is $3,566.

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	446 (91%)	$6,162	427 (87%)	$4,642	148 (30%)	$3,884
2014-15	446 (97%)	$6,378	431 (93%)	$4,643	160 (35%)	$3,911
2015-16	407 (96%)	$4,869	390 (92%)	$4,625	149 (35%)	$4,088
2016-17	306 (88%)	$5,220	303 (87%)	$4,945	158 (46%)	$4,244
2017-18	224 (88%)	$5,148	222 (87%)	$4,698	103 (41%)	$4,703
2018-19	193 (95%)	$4,427	102 (50%)	$4,691	44 (22%)	$3,317
2019-20	133 (92%)	$7,687	120 (83%)	$3,097	77 (53%)	$3,531
2020-21	127 (98%)	$5,125	107 (82%)	$5,716	79 (61%)	$2,663
2021-22	118 (100%)	$3,248	95 (81%)	$3,248	67 (57%)	$1,750
Average	267 (93.89%)	$5,363	244 (82.44%)	$4,478	109 (42.22%)	$3,566

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

Overview

For the last 10 years, on average, 29 (95.11 % of students) received grants or scholarships and its average amount is $5,474. It can cover 92.28% of tuition & fees ($5,932).

In addition, 5 (19.11 % of students) students get helped from the students loans (average amount : $2,432).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	28 (100%)	$5,361	3 (11%)	$2,432
2014-15	79 (98%)	$5,754	7 (9%)	$2,725
2015-16	46 (100%)	$5,090	2 (4%)	$2,598
2016-17	28 (97%)	$5,279	3 (10%)	$1,293
2017-18	16 (100%)	$5,768	2 (13%)	$1,732
2018-19	18 (82%)	$5,627	1 (5%)	$1,732
2019-20	22 (100%)	$6,514	19 (86%)	$1,750
2020-21	11 (79%)	$6,768	2 (14%)	$3,811
2021-22	10 (100%)	$3,107	2 (20%)	$3,811
Average	29 (95.11%)	$5,474	5 (19.11%)	$2,432

^*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, 28 (91.89 % of students) received Pell (federal) grants and its average amount is $4,954.

In addition, 13 students received State/local government grants/scholarships (34.20 % 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	28 (100%)	$5,105	9 (32%)	$486	12 (43%)	$233	-	-
2014-15	78 (96%)	$5,383	22 (27%)	$1,014	31 (38%)	$252	2 (2%)	$2,267
2015-16	46 (100%)	$4,786	7 (15%)	$860	7 (15%)	$229	3 (7%)	$2,125
2016-17	28 (97%)	$5,237	2 (7%)	$200	2 (7%)	$150	2 (7%)	$235
2017-18	16 (100%)	$5,137	8 (50%)	$1,112	-	-	2 (13%)	$600
2018-19	18 (82%)	$4,557	10 (45%)	$905	-	-	17 (77%)	$600
2019-20	20 (91%)	$4,785	22 (100%)	$1,436	15 (68%)	$428	16 (73%)	$600
2020-21	10 (71%)	$6,345	10 (71%)	$701	-	-	11 (79%)	$363
2021-22	9 (90%)	$3,248	1 (10%)	$640	-	-	4 (40%)	$300
Average	28 (91.89%)	$4,954	10 (39.67%)	$817	13 (34.20%)	$258	7 (37.25%)	$886

^*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, 5 (19.11 % of students) get any students loan help and its average loan amount is $5.

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	3 (11%)	$2,432	3 (11%)	$2,432	-	-
2014-15	7 (9%)	$2,725	7 (9%)	$2,725	-	-
2015-16	2 (4%)	$2,598	2 (4%)	$2,598	-	-
2016-17	3 (10%)	$1,293	3 (10%)	$1,293	-	-
2017-18	2 (13%)	$1,732	2 (13%)	$1,732	-	-
2018-19	1 (5%)	$1,732	1 (5%)	$1,732	-	-
2019-20	19 (86%)	$1,750	19 (86%)	$1,750	-	-
2020-21	2 (14%)	$3,811	2 (14%)	$3,811	-	-
2021-22	2 (20%)	$3,811	2 (20%)	$3,811	-	-
Average	5 (19.11%)	$2,432	5 (19.11%)	$2,432	-	-