Puerto Rico Colleges Financial Aid Trends

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Puerto Rico Colleges since 2013. For that period, the average number of students who received grants aid/scholarships is 139,693, which is 86.78 % of all undergraduate students. 44,361 students which is 27.33% of undergraduate students received federal student loans and the average loan amount: $4,540.

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	157,621 (87%)	$5,151	144,968 (82%)	$4,341	46,202 (28%)	$4,372
2014-15	152,466 (88%)	$5,181	142,119 (82%)	$4,393	48,738 (28%)	$4,524
2015-16	149,506 (86%)	$4,778	140,961 (82%)	$4,327	52,540 (31%)	$4,288
2016-17	144,043 (85%)	$4,958	136,830 (81%)	$4,507	52,929 (28%)	$4,177
2017-18	138,506 (85%)	$5,111	131,631 (81%)	$4,740	47,469 (29%)	$4,597
2018-19	133,654 (86%)	$5,136	126,854 (81%)	$4,846	41,026 (29%)	$4,485
2019-20	137,019 (88%)	$5,829	124,424 (81%)	$5,138	46,155 (28%)	$4,548
2020-21	123,593 (88%)	$5,972	108,308 (78%)	$5,168	30,718 (22%)	$4,859
2021-22	120,827 (88%)	$6,301	101,344 (77%)	$5,072	33,470 (23%)	$5,010
Average	139,693 (86.78%)	$5,380	128,604 (80.56%)	$4,726	44,361 (27.33%)	$4,540

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

Overview

For the last 10 years, on average, 26,607 (92.22 % of students) received grants or scholarships and its average amount is $5,904. It can cover 102.59% of tuition & fees ($5,755) based on out-of-state rate. In addition, 4,016 (16.33 % of students) students get helped from the students loans (average amount : $3,510).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	31,304 (92%)	$5,169	4,628 (16%)	$2,970
2014-15	30,604 (91%)	$5,217	3,794 (17%)	$3,277
2015-16	28,885 (92%)	$5,107	4,300 (19%)	$3,651
2016-17	28,835 (91%)	$5,307	4,665 (16%)	$3,143
2017-18	25,999 (91%)	$5,590	3,850 (16%)	$3,457
2018-19	24,519 (93%)	$5,847	3,954 (18%)	$3,430
2019-20	26,483 (93%)	$6,819	4,319 (17%)	$3,543
2020-21	20,527 (92%)	$6,899	1,683 (14%)	$4,147
2021-22	22,309 (95%)	$7,181	4,954 (14%)	$3,973
Average	26,607 (92.22%)	$5,904	4,016 (16.33%)	$3,510

^*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, 25,473 (89.00 % of students) received Pell (federal) grants and its average amount is $5,312. In addition, 6,617 students received State/local government grants/scholarships (29.33 % 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	30,178 (90%)	$4,793	10,436 (32%)	$489	14,404 (47%)	$465	7,721 (28%)	$1,041
2014-15	29,392 (88%)	$4,911	8,268 (32%)	$481	12,154 (43%)	$451	5,832 (23%)	$1,042
2015-16	28,257 (90%)	$4,836	8,199 (37%)	$482	8,757 (32%)	$286	5,782 (25%)	$902
2016-17	28,055 (90%)	$5,032	9,091 (34%)	$410	5,787 (20%)	$429	6,342 (24%)	$1,028
2017-18	25,240 (89%)	$5,252	9,897 (42%)	$473	5,213 (23%)	$441	6,187 (26%)	$937
2018-19	23,739 (91%)	$5,526	11,342 (45%)	$451	5,634 (30%)	$508	6,615 (30%)	$800
2019-20	25,098 (89%)	$5,936	17,697 (73%)	$1,062	2,690 (26%)	$633	6,802 (32%)	$930
2020-21	18,857 (86%)	$5,837	16,880 (76%)	$1,404	2,001 (20%)	$643	6,242 (38%)	$926
2021-22	20,438 (88%)	$5,683	19,392 (73%)	$1,766	2,909 (23%)	$559	6,344 (35%)	$1,220
Average	25,473 (89.00%)	$5,312	12,356 (49.33%)	$780	6,617 (29.33%)	$491	6,430 (29.00%)	$981

^*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, 4,016 (16.33 % of students) get any students loan help and its average loan amount is $4,016.

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	4,628 (16%)	$2,970	4,628 (16%)	$2,966	1 (1%)	$8,000
2014-15	3,794 (17%)	$3,277	3,787 (18%)	$3,165	7 (2%)	$5,910
2015-16	4,300 (19%)	$3,651	4,287 (21%)	$3,404	13 (1%)	$5,315
2016-17	4,665 (16%)	$3,143	4,663 (16%)	$3,117	3 (1%)	$3,964
2017-18	3,850 (16%)	$3,457	3,849 (16%)	$3,426	4 (0%)	$5,661
2018-19	3,954 (18%)	$3,430	3,951 (18%)	$3,401	3 (1%)	$5,000
2019-20	4,319 (17%)	$3,543	4,316 (17%)	$3,515	3 (1%)	$5,000
2020-21	1,683 (14%)	$4,147	1,679 (14%)	$4,146	4 (1%)	$5,063
2021-22	4,954 (14%)	$3,973	4,953 (14%)	$3,957	1 (6%)	$7,500
Average	4,016 (16.33%)	$3,510	4,013 (16.67%)	$3,455	4 (1.75%)	$5,713