Scholarships, Grants, and Loan Trends at Caribbean University-Bayamon

-11%

Received Percent Changed

-$2,871

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 949, which is 91.33 % of all undergraduate students. 285 students which is 29.22% of undergraduate students received federal student loans and the average loan amount is $4,376.

For full-time, first-time beginning students (freshmen), 96.33% of students received grants or scholarships and 12% 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 Caribbean University-Bayamon since 2014.

For that period, the average number of students who received grants aid/scholarships is 949, which is 91.33 % of all undergraduate students. 285 students which is 29.22% of undergraduate students received federal student loans and the average loan amount is $4,376.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-151,477 (91%)$6,1291,400 (86%)$4,484357 (22%)$4,743
2015-161,489 (93%)$4,8511,396 (87%)$4,527361 (23%)$4,806
2016-171,226 (88%)$5,2531,200 (87%)$4,720355 (26%)$4,425
2017-181,014 (86%)$5,586993 (84%)$4,837343 (29%)$4,132
2018-19788 (84%)$5,917699 (74%)$5,941325 (35%)$6,662
2019-20743 (100%)$6,325668 (90%)$2,79441 (6%)$2,512
2020-21666 (100%)$4,637577 (87%)$5,275308 (46%)$2,163
2021-22617 (100%)$5,548595 (96%)$5,349404 (65%)$6,765
2022-23517 (80%)$3,258489 (75%)$3,07073 (11%)$3,176
Average949 (91.33%)$5,278891 (85.11%)$4,555285 (29.22%)$4,376
*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, 130 (96.33 % of students) received grants or scholarships and its average amount is $5,276. It can cover 59.66% of tuition & fees ($8,844).

In addition, 13 (11.78 % of students) students get helped from the students loans (average amount : $2,532).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15256 (96%)$5,85310 (4%)$3,570
2015-16239 (96%)$5,52213 (5%)$3,359
2016-17145 (99%)$5,82219 (13%)$2,493
2017-1885 (96%)$7,01616 (18%)$2,629
2018-1994 (100%)$5,81611 (12%)$1,576
2019-2073 (100%)$7,07920 (27%)$1,750
2020-2165 (100%)$4,2152 (3%)$2,722
2021-2275 (100%)$2,71412 (16%)$2,165
2022-23137 (80%)$3,44714 (8%)$2,527
Average130 (96.33%)$5,27613 (11.78%)$2,532
*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, 121 (85.22 % of students) received Pell (federal) grants and its average amount is $5,106.

In addition, 39 students received State/local government grants/scholarships (15.50 % 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
2014-15250 (94%)$5,10985 (32%)$572114 (43%)$32555 (21%)$2,461
2015-16233 (94%)$4,92451 (20%)$34533 (13%)$38555 (22%)$2,584
2016-17144 (99%)$5,08131 (21%)$5497 (5%)$62132 (22%)$2,849
2017-1881 (91%)$5,14020 (22%)$1,100--63 (71%)$2,508
2018-1983 (88%)$6,0876 (6%)$7581 (1%)$57384 (89%)$433
2019-2065 (89%)$6,19573 (100%)$1,300--32 (44%)$600
2020-2133 (51%)$6,94956 (86%)$617--30 (46%)$336
2021-2261 (81%)$3,24814 (19%)$346--2 (3%)$300
2022-23137 (80%)$3,222103 (60%)$178--11 (6%)$1,137
Average121 (85.22%)$5,10649 (40.67%)$64139 (15.50%)$47640 (36.00%)$1,468
*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, 13 (11.78 % of students) get any students loan help and its average loan amount is $13.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-1510 (4%)$3,57010 (4%)$3,570--
2015-1613 (5%)$3,35913 (5%)$3,359--
2016-1719 (13%)$2,49319 (13%)$2,493--
2017-1816 (18%)$2,62916 (18%)$2,629--
2018-1911 (12%)$1,57611 (12%)$1,576--
2019-2020 (27%)$1,75020 (27%)$1,750--
2020-212 (3%)$2,7222 (3%)$2,722--
2021-2212 (16%)$2,16512 (16%)$2,165--
2022-2314 (8%)$2,52714 (8%)$2,527--
Average13 (11.78%)$2,53213 (11.78%)$2,532--

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