How Nova College de Puerto Rico'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 Nova College de Puerto Rico since 2013.

For that period, the average number of students who received grants aid/scholarships is 319, which is 85.67 % of all undergraduate students.

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	347 (81%)	$4,924	343 (80%)	$4,644	-	-
2014-15	373 (88%)	$4,935	371 (88%)	$4,634	-	-
2015-16	404 (87%)	$4,814	403 (87%)	$4,527	-	-
2016-17	371 (87%)	$4,422	371 (87%)	$4,253	-	-
2017-18	340 (98%)	$2,206	330 (95%)	$1,818	-	-
2018-19	280 (88%)	$5,527	273 (86%)	$5,252	-	-
2019-20	274 (80%)	$5,303	271 (79%)	$4,960	-	-
2020-21	246 (79%)	$4,838	236 (76%)	$4,569	-	-
2021-22	240 (83%)	$5,184	240 (83%)	$4,772	-	-
Average	319 (85.67%)	$4,684	315 (84.56%)	$4,381	-	-

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

Overview

For the last 10 years, on average, 82 (86.56 % of students) received grants or scholarships and its average amount is $5,270. It can cover 68.18% of tuition & fees ($7,730).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	94 (87%)	$5,002	-	-
2014-15	98 (85%)	$5,024	-	-
2015-16	70 (88%)	$4,873	-	-
2016-17	82 (88%)	$4,689	-	-
2017-18	93 (100%)	$5,543	-	-
2018-19	82 (90%)	$5,714	-	-
2019-20	77 (79%)	$5,585	-	-
2020-21	70 (77%)	$5,184	-	-
2021-22	74 (85%)	$5,816	-	-
Average	82 (86.56%)	$5,270	-	-

^*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, 81 (85.67 % of students) received Pell (federal) grants and its average amount is $4,967.

In addition, 43 students received State/local government grants/scholarships (43.89 % 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	94 (87%)	$4,668	94 (87%)	$196	86 (80%)	$152	-	-
2014-15	98 (85%)	$4,710	98 (85%)	$186	97 (84%)	$129	-	-
2015-16	69 (86%)	$4,637	69 (86%)	$169	70 (88%)	$136	-	-
2016-17	82 (88%)	$4,547	67 (72%)	$170	2 (2%)	$109	-	-
2017-18	93 (100%)	$5,186	85 (91%)	$245	22 (24%)	$564	-	-
2018-19	79 (87%)	$5,532	64 (70%)	$273	26 (29%)	$538	-	-
2019-20	76 (78%)	$5,231	74 (76%)	$266	21 (21%)	$608	-	-
2020-21	68 (75%)	$4,862	66 (73%)	$243	30 (33%)	$542	-	-
2021-22	74 (85%)	$5,327	65 (75%)	$283	30 (34%)	$594	-	-
Average	81 (85.67%)	$4,967	76 (79.44%)	$226	43 (43.89%)	$375	-	-

^*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..

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Scholarships, Grants, and Loan Trends at Nova College de Puerto Rico

All Undergraduate Students Financial Aid Over Time

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