Scholarships, Grants, and Loan Trends at UMET

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 7,799, which is 87.33 % of all undergraduate students. 4,330 students which is 46.44% of undergraduate students received federal student loans and the average loan amount is $5,631.

For full-time, first-time beginning students (freshmen), 97.22% of students received grants or scholarships and 23% of students received student loans.

Trends by Subject

All Undergraduate Students Financial Aid Over Time

The following table shows the trends of financial aid for all undergraduate students at Universidad Ana G. Mendez-Cupey Campus since 2014.

For that period, the average number of students who received grants aid/scholarships is 7,799, which is 87.33 % of all undergraduate students. 4,330 students which is 46.44% of undergraduate students received federal student loans and the average loan amount is $5,631.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-1510,028 (87%)$4,8149,722 (84%)$4,5405,803 (50%)$4,249
2015-1610,083 (87%)$4,8449,770 (84%)$4,5306,401 (55%)$4,890
2016-179,510 (85%)$4,6309,502 (85%)$4,5576,351 (57%)$5,303
2017-189,018 (85%)$4,9959,011 (85%)$4,9045,694 (54%)$5,503
2018-199,331 (100%)$6,1809,331 (100%)$3,3604,373 (47%)$6,019
2019-207,087 (85%)$5,2267,081 (85%)$5,1044,216 (51%)$5,711
2020-215,573 (80%)$5,2855,571 (80%)$5,0332,420 (35%)$6,248
2021-225,047 (83%)$4,9685,039 (82%)$4,5641,994 (33%)$6,206
2022-234,511 (94%)$5,0953,291 (69%)$6,3241,719 (36%)$6,551
Average7,799 (87.33%)$5,1157,591 (83.78%)$4,7684,330 (46.44%)$5,631
*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, 1,382 (97.22 % of students) received grants or scholarships and its average amount is $5,963. It can cover 76.94% of tuition & fees ($7,750).

In addition, 384 (23.22 % of students) students get helped from the students loans (average amount : $3,636).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-152,009 (96%)$5,176612 (29%)$2,775
2015-162,021 (99%)$5,134711 (35%)$3,130
2016-171,937 (95%)$5,470647 (32%)$3,456
2017-181,806 (98%)$5,910550 (30%)$3,700
2018-191,530 (100%)$6,587471 (31%)$3,181
2019-201,184 (95%)$6,456266 (21%)$3,735
2020-21723 (92%)$6,33861 (8%)$4,191
2021-22621 (100%)$5,99845 (7%)$4,039
2022-23609 (100%)$6,59595 (16%)$4,517
Average1,382 (97.22%)$5,963384 (23.22%)$3,636
*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.

The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 1,369 (96.56 % of students) received Pell (federal) grants and its average amount is $5,597.

In addition, 396 students received State/local government grants/scholarships (19.00 % 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
2014-151,971 (95%)$4,971387 (19%)$487747 (36%)$40558 (3%)$1,904
2015-161,946 (95%)$5,020410 (20%)$393357 (17%)$360161 (8%)$1,977
2016-171,937 (95%)$5,095916 (45%)$33984 (4%)$526160 (8%)$2,330
2017-181,806 (98%)$5,436846 (46%)$668--124 (7%)$2,344
2018-191,530 (100%)$6,0091,200 (78%)$585--68 (4%)$2,675
2019-201,184 (95%)$5,973796 (64%)$574--48 (4%)$2,394
2020-21721 (91%)$5,967566 (72%)$312--31 (4%)$3,317
2021-22621 (100%)$5,678475 (76%)$305--24 (4%)$2,227
2022-23609 (100%)$6,225556 (91%)$216--51 (8%)$2,075
Average1,369 (96.56%)$5,597684 (56.78%)$431396 (19.00%)$43081 (5.56%)$2,360
*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, 384 (23.22 % of students) get any students loan help and its average loan amount is $384.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-15612 (29%)$2,775612 (29%)$2,775--
2015-16711 (35%)$3,130711 (35%)$3,130--
2016-17647 (32%)$3,456647 (32%)$3,456--
2017-18550 (30%)$3,700550 (30%)$3,700--
2018-19471 (31%)$3,181471 (31%)$3,181--
2019-20266 (21%)$3,735266 (21%)$3,735--
2020-2161 (8%)$4,19161 (8%)$4,191--
2021-2245 (7%)$4,03945 (7%)$4,039--
2022-2395 (16%)$4,51795 (16%)$4,517--
Average384 (23.22%)$3,636384 (23.22%)$3,636--

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