How Inter American University of Puerto Rico-Fajardo'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 Inter American University of Puerto Rico-Fajardo since 2013.

For that period, the average number of students who received grants aid/scholarships is 1,713, which is 92.33 % of all undergraduate students. 269 students which is 14.11% of undergraduate students received federal student loans and the average loan amount is $4,032.

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	2,033 (93%)	$5,491	1,866 (86%)	$4,520	415 (19%)	$4,147
2014-15	1,962 (93%)	$5,521	1,812 (86%)	$4,594	353 (17%)	$4,046
2015-16	1,922 (93%)	$5,182	1,797 (87%)	$4,641	234 (11%)	$3,362
2016-17	1,845 (93%)	$5,224	1,733 (87%)	$4,684	271 (14%)	$3,578
2017-18	1,713 (86%)	$5,014	1,687 (85%)	$4,756	265 (13%)	$3,945
2018-19	1,541 (88%)	$5,242	1,500 (85%)	$4,991	271 (15%)	$4,157
2019-20	1,692 (93%)	$6,017	1,555 (86%)	$5,112	278 (15%)	$4,384
2020-21	1,405 (93%)	$6,111	1,250 (83%)	$5,105	183 (12%)	$4,379
2021-22	1,306 (99%)	$8,107	1,087 (83%)	$5,026	149 (11%)	$4,287
Average	1,713 (92.33%)	$5,768	1,587 (85.33%)	$4,825	269 (14.11%)	$4,032

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

Overview

For the last 10 years, on average, 366 (97.00 % of students) received grants or scholarships and its average amount is $6,028. It can cover 108.03% of tuition & fees ($5,580).

In addition, 8 (2.50 % of students) students get helped from the students loans (average amount : $3,589).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	397 (96%)	$5,403	4 (1%)	$4,330
2014-15	430 (96%)	$5,435	5 (1%)	$4,478
2015-16	453 (98%)	$5,199	2 (0%)	$3,818
2016-17	370 (97%)	$5,270	4 (1%)	$2,883
2017-18	387 (93%)	$5,246	7 (2%)	$4,090
2018-19	364 (99%)	$5,233	23 (6%)	$3,260
2019-20	407 (98%)	$6,611	20 (5%)	$3,563
2020-21	266 (97%)	$6,994	8 (3%)	$2,412
2021-22	224 (99%)	$8,864	3 (1%)	$3,464
Average	366 (97.00%)	$6,028	8 (2.50%)	$3,589

^*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, 355 (93.44 % of students) received Pell (federal) grants and its average amount is $5,180.

In addition, 70 students received State/local government grants/scholarships (16.78 % 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	385 (93%)	$4,854	223 (54%)	$719	214 (52%)	$304	88 (21%)	$578
2014-15	420 (94%)	$4,898	237 (53%)	$597	204 (46%)	$355	88 (20%)	$750
2015-16	440 (95%)	$5,036	207 (45%)	$326	104 (22%)	$181	113 (24%)	$469
2016-17	366 (96%)	$5,067	111 (29%)	$210	7 (2%)	$510	57 (15%)	$1,200
2017-18	381 (92%)	$4,996	129 (31%)	$347	43 (10%)	$793	86 (21%)	$559
2018-19	343 (93%)	$5,283	137 (37%)	$293	12 (3%)	$561	86 (23%)	$534
2019-20	394 (94%)	$5,480	370 (89%)	$1,282	11 (3%)	$570	113 (27%)	$450
2020-21	261 (95%)	$5,518	225 (82%)	$1,685	29 (11%)	$566	53 (19%)	$466
2021-22	202 (89%)	$5,490	218 (96%)	$3,923	4 (2%)	$570	27 (12%)	$715
Average	355 (93.44%)	$5,180	206 (57.33%)	$1,042	70 (16.78%)	$490	79 (20.22%)	$636

^*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, 8 (2.50 % of students) get any students loan help and its average loan amount is $8.

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 (1%)	$4,330	4 (1%)	$4,330	-	-
2014-15	5 (1%)	$4,478	5 (1%)	$4,478	-	-
2015-16	2 (0%)	$3,818	2 (0%)	$3,818	-	-
2016-17	4 (1%)	$2,883	4 (1%)	$2,883	-	-
2017-18	7 (2%)	$4,090	7 (2%)	$4,090	-	-
2018-19	23 (6%)	$3,260	23 (6%)	$3,260	-	-
2019-20	20 (5%)	$3,563	20 (5%)	$3,563	-	-
2020-21	8 (3%)	$2,412	8 (3%)	$2,412	-	-
2021-22	3 (1%)	$3,464	3 (1%)	$3,464	-	-
Average	8 (2.50%)	$3,589	8 (2.50%)	$3,589	-	-

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

All Undergraduate Students Financial Aid Over Time

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