Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 258, which is 65.11 % of all undergraduate students. 83 students which is 20.56% of undergraduate students received federal student loans and the average loan amount is $4,148.

For full-time, first-time beginning students (freshmen), 70.89% of students received grants or scholarships and 11% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table shows the trends of financial aid for all undergraduate students at Puerto Rico Conservatory of Music since 2013.

For that period, the average number of students who received grants aid/scholarships is 258, which is 65.11 % of all undergraduate students. 83 students which is 20.56% of undergraduate students received federal student loans and the average loan amount is $4,148.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14282 (64%)$4,873282 (64%)$4,66988 (20%)$4,661
2014-15271 (62%)$4,735271 (62%)$4,512106 (24%)$3,852
2015-16255 (60%)$4,712248 (58%)$48692 (22%)$3,479
2016-17267 (63%)$4,663267 (63%)$4,500108 (26%)$4,102
2017-18262 (61%)$4,809262 (61%)$4,611102 (24%)$4,279
2018-19247 (64%)$5,029247 (64%)$4,81481 (21%)$4,694
2019-20256 (70%)$5,244256 (70%)$4,96876 (21%)$4,098
2020-21237 (66%)$5,099237 (66%)$4,89047 (13%)$4,549
2021-22246 (76%)$5,261220 (68%)$4,93044 (14%)$3,618
Average258 (65.11%)$4,936254 (64.00%)$4,26483 (20.56%)$4,148
*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.

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

For the last 10 years, on average, 18 (70.89 % of students) received grants or scholarships and its average amount is $4,977. It can cover 147.69% of tuition & fees ($3,370) based on out-of-state rate.

In addition, 3 (10.86 % of students) students get helped from the students loans (average amount : $3,361).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1421 (88%)$5,3563 (13%)$2,227
2014-1512 (63%)$5,1891 (5%)$1,732
2015-1616 (70%)$4,5522 (9%)$3,959
2016-1714 (61%)$5,4481 (4%)$3,464
2017-1814 (67%)$4,9285 (24%)$4,484
2018-1913 (72%)$5,4182 (11%)$3,464
2019-2058 (73%)$5,2918 (10%)$4,195
2020-2110 (77%)$5,295--
2021-228 (67%)$3,318--
Average18 (70.89%)$4,9773 (10.86%)$3,361
*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, 18 (69.33 % of students) received Pell (federal) grants and its average amount is $4,894.

In addition, 7 students received State/local government grants/scholarships (30.75 % 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
2013-1421 (88%)$5,0657 (29%)$17118 (75%)$272--
2014-1511 (58%)$5,3651 (5%)$75012 (63%)$208--
2015-1614 (61%)$5,00310 (43%)$20010 (43%)$79--
2016-1714 (61%)$5,3153 (13%)$2004 (17%)$315--
2017-1814 (67%)$4,8032 (10%)$5582 (10%)$315--
2018-1913 (72%)$5,2643 (17%)$2504 (22%)$315--
2019-2058 (73%)$4,88616 (20%)$3006 (8%)$31530 (38%)$559
2020-2110 (77%)$5,1452 (15%)$750----
2021-228 (67%)$3,2045 (42%)$1501 (8%)$158--
Average18 (69.33%)$4,8945 (21.56%)$3707 (30.75%)$24730 (38.00%)$559
*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, 3 (10.86 % of students) get any students loan help and its average loan amount is $3.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-143 (13%)$2,2273 (13%)$2,227--
2014-151 (5%)$1,7321 (5%)$1,732--
2015-162 (9%)$3,9592 (9%)$3,959--
2016-171 (4%)$3,4641 (4%)$3,464--
2017-185 (24%)$4,4845 (24%)$4,484--
2018-192 (11%)$3,4642 (11%)$3,464--
2019-208 (10%)$4,1958 (10%)$4,195--
2020-21------
2021-22------
Average3 (10.86%)$3,3613 (10.86%)$3,361--

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