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

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 4,773, which is 82.67 % of all undergraduate students. 1,867 students which is 31.22% of undergraduate students received federal student loans and the average loan amount is $5,128.
For full-time, first-time beginning students (freshmen), 91.89% of students received grants or scholarships and 7% 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-Metro since 2013.
For that period, the average number of students who received grants aid/scholarships is 4,773, which is 82.67 % of all undergraduate students. 1,867 students which is 31.22% of undergraduate students received federal student loans and the average loan amount is $5,128.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-145,660 (79%)$6,2484,746 (66%)$3,8722,358 (33%)$4,994
2014-155,592 (80%)$5,9944,647 (66%)$3,8872,249 (32%)$4,928
2015-165,195 (79%)$6,2874,280 (65%)$3,9552,239 (34%)$5,229
2016-175,152 (82%)$6,3284,239 (67%)$3,9272,385 (38%)$5,167
2017-184,715 (75%)$4,2364,230 (68%)$3,8432,165 (35%)$5,243
2018-194,305 (78%)$4,5783,844 (69%)$4,1831,860 (34%)$5,179
2019-204,583 (83%)$4,6543,732 (68%)$4,1491,703 (31%)$5,293
2020-214,045 (89%)$4,4232,889 (63%)$4,1211,080 (24%)$5,216
2021-223,713 (99%)$5,4122,386 (64%)$4,129762 (20%)$4,900
Average4,773 (82.67%)$5,3513,888 (66.22%)$4,0071,867 (31.22%)$5,128

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

For the last 10 years, on average, 591 (91.89 % of students) received grants or scholarships and its average amount is $5,517. It can cover 98.86% of tuition & fees ($5,580).
In addition, 49 (7.11 % of students) students get helped from the students loans (average amount : $4,161).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14729 (89%)$5,39869 (8%)$3,484
2014-15752 (88%)$5,09783 (10%)$4,233
2015-16581 (87%)$5,20561 (9%)$3,566
2016-17566 (90%)$4,97474 (12%)$3,586
2017-18639 (90%)$5,13440 (6%)$4,174
2018-19589 (92%)$5,38541 (6%)$4,305
2019-20618 (94%)$5,75940 (6%)$4,124
2020-21444 (98%)$5,58618 (4%)$5,251
2021-22397 (99%)$7,11212 (3%)$4,726
Average591 (91.89%)$5,51749 (7.11%)$4,161
*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, 524 (81.11 % of students) received Pell (federal) grants and its average amount is $4,789.
In addition, 76 students received State/local government grants/scholarships (10.78 % 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
2013-14654 (80%)$4,564246 (30%)$1,097159 (19%)$1,087529 (65%)$960
2014-15663 (78%)$4,520143 (17%)$1,031203 (24%)$820549 (65%)$951
2015-16529 (79%)$4,727158 (24%)$64789 (13%)$685398 (59%)$905
2016-17515 (82%)$4,531123 (20%)$76140 (6%)$466402 (64%)$919
2017-18585 (82%)$4,653112 (16%)$54382 (12%)$519508 (71%)$896
2018-19532 (83%)$4,972168 (26%)$49722 (3%)$561440 (69%)$979
2019-20548 (84%)$4,847528 (81%)$89014 (2%)$570417 (64%)$1,020
2020-21362 (80%)$4,863411 (91%)$1,00058 (13%)$568315 (70%)$876
2021-22327 (82%)$5,420397 (99%)$2,26620 (5%)$566220 (55%)$637
Average524 (81.11%)$4,789254 (44.89%)$97076 (10.78%)$649420 (64.67%)$905
*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, 49 (7.11 % of students) get any students loan help and its average loan amount is $49.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1469 (8%)$3,48469 (8%)$3,484--
2014-1583 (10%)$4,23383 (10%)$4,233--
2015-1661 (9%)$3,56661 (9%)$3,566--
2016-1774 (12%)$3,58674 (12%)$3,586--
2017-1840 (6%)$4,17440 (6%)$4,174--
2018-1941 (6%)$4,30541 (6%)$4,305--
2019-2040 (6%)$4,12440 (6%)$4,124--
2020-2118 (4%)$5,25118 (4%)$5,251--
2021-2212 (3%)$4,72612 (3%)$4,726--
Average49 (7.11%)$4,16149 (7.11%)$4,161--
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