Scholarships, Grants, and Loan Trends at Inter American University of Puerto Rico-Arecibo

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 3,444, which is 93.00 % of all undergraduate students. 822 students which is 21.44% of undergraduate students received federal student loans and the average loan amount is $4,298.
For full-time, first-time beginning students (freshmen), 97.89% of students received grants or scholarships and 3% 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 Inter American University of Puerto Rico-Arecibo since 2013.
For that period, the average number of students who received grants aid/scholarships is 3,444, which is 93.00 % of all undergraduate students. 822 students which is 21.44% of undergraduate students received federal student loans and the average loan amount is $4,298.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-143,965 (92%)$5,8203,721 (86%)$4,563968 (22%)$4,209
2014-153,986 (94%)$5,9513,690 (87%)$4,6591,012 (24%)$4,108
2015-163,791 (93%)$5,9603,518 (86%)$4,681992 (24%)$4,089
2016-173,606 (93%)$6,0693,335 (86%)$4,7531,046 (27%)$4,151
2017-183,457 (89%)$5,1153,382 (87%)$4,751942 (24%)$4,175
2018-193,207 (89%)$5,5223,113 (87%)$5,229896 (25%)$4,319
2019-203,424 (92%)$6,2363,154 (85%)$5,243823 (22%)$4,494
2020-212,840 (95%)$6,2472,476 (83%)$5,339396 (13%)$4,511
2021-222,723 (100%)$8,2422,257 (83%)$5,348323 (12%)$4,629
Average3,444 (93.00%)$6,1293,183 (85.56%)$4,952822 (21.44%)$4,298

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

For the last 10 years, on average, 701 (97.89 % of students) received grants or scholarships and its average amount is $5,988. It can cover 107.31% of tuition & fees ($5,580).
In addition, 21 (3.13 % of students) students get helped from the students loans (average amount : $3,251).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14790 (97%)$5,52621 (3%)$2,136
2014-15877 (98%)$5,26817 (2%)$3,201
2015-16709 (97%)$5,33017 (2%)$3,580
2016-17677 (98%)$5,19422 (3%)$2,992
2017-18877 (98%)$5,00326 (3%)$3,571
2018-19697 (96%)$5,46947 (7%)$3,421
2019-20803 (99%)$6,56726 (3%)$3,091
2020-21503 (98%)$6,46911 (2%)$3,802
2021-22377 (100%)$9,0671 (0%)$3,464
Average701 (97.89%)$5,98821 (3.13%)$3,251
*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, 678 (94.44 % of students) received Pell (federal) grants and its average amount is $5,172.
In addition, 162 students received State/local government grants/scholarships (23.67 % 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
2013-14773 (95%)$4,954409 (50%)$784359 (44%)$244198 (24%)$646
2014-15855 (96%)$4,870473 (53%)$452331 (37%)$302348 (39%)$409
2015-16696 (95%)$5,039367 (50%)$211327 (45%)$153283 (39%)$511
2016-17661 (96%)$4,962267 (39%)$21258 (8%)$478355 (51%)$429
2017-18862 (96%)$4,763317 (35%)$19342 (5%)$539520 (58%)$381
2018-19674 (93%)$5,430439 (61%)$118--261 (36%)$385
2019-20763 (94%)$5,443699 (86%)$1,1462 (0%)$570510 (63%)$624
2020-21463 (90%)$5,522435 (85%)$1,35615 (3%)$567221 (43%)$449
2021-22357 (95%)$5,566373 (99%)$3,490--288 (76%)$449
Average678 (94.44%)$5,172420 (62.00%)$885162 (23.67%)$408332 (47.67%)$476
*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, 21 (3.13 % of students) get any students loan help and its average loan amount is $21.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1421 (3%)$2,13621 (3%)$2,136--
2014-1517 (2%)$3,20117 (2%)$3,201--
2015-1617 (2%)$3,58017 (2%)$3,580--
2016-1722 (3%)$2,99222 (3%)$2,992--
2017-1826 (3%)$3,57126 (3%)$3,571--
2018-1947 (7%)$3,42147 (7%)$3,421--
2019-2026 (3%)$3,09126 (3%)$3,091--
2020-2111 (2%)$3,80211 (2%)$3,802--
2021-221 (0%)$3,4641 (0%)$3,464--
Average21 (3.13%)$3,25121 (3.13%)$3,251--
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