Financial Aid at Mech-Tech
Financial Aid Amount Received
$6,181 (54.25% of tuition)
Percent of Financial Aid Received
98% of 2,220 students
2,074 undergraduate students (98% of all students) have received grants, scholarships, and/or federal student loans at Mech-Tech College. The percentage of students who received financial aid average compared to Private (for-profit), 2-4 Years Colleges in Puerto Rico.
Compared to similar schools in rankings such as Instituto Tecnologico de Puerto Rico-Recinto de Manati and ICPR Junior College-Mayaguez, the percentage of students who received financial aid is average (the average of the schools is 90.67%).
Undergraduate Financial Aid by Type
The average amount of grants of scholarship aid is $6,181 and the average loan amount is $4,099. The average financial aid amount is 54.25% of tuition & fees (tuition & fees: $11,394).
| Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received | |
|---|---|---|---|---|
| Grant or scholarship aid | 2,074 | 98% | $12,819,808 | $6,181 |
| Pell Grants | 1,930 | 91% | $9,837,942 | $5,097 |
| Federal Students Loans | 260 | 12% | $1,065,642 | $4,099 |
Undergraduate Student Financial Aid Comparison Chart
First-time (full-time) Undergraduate Students Financial Aid
For the full-time, first-time undergraduate students (freshmen, in most cases), 774 students have received one or more types of financial aid at Mech-Tech College.
The average amount of federal, state, local or institutional grant aid is $7,450 and the average amount of student loans awarded to full-time first-time undergraduate students is $4,679.
The following table shows the financial data by type of aid at Mech-Tech College.
First-time Undergraduate Financial Aid by Type
| Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received | |
|---|---|---|---|---|
| Any Financial Aid | 789 | 96% | - | - |
| Grant or scholarship aid | 774 | 94% | $5,765,949 | $7,450 |
| Federal Grants | 774 | 94% | $5,730,376 | $7,404 |
| Pell Grants | 774 | 94% | $4,725,564 | $6,105 |
| Other Federal Grants | 755 | 92% | $1,004,812 | $1,331 |
| State/Local Grants | 60 | 7% | $35,573 | $593 |
| Institutional Grants | 0 | 0% | $0 | $0 |
| Student Loans | 88 | 11% | $411,738 | $4,679 |
| Federal Student Loans | 88 | 11% | $411,738 | $4,679 |
| Other Student Loans | 0 | 0% | $0 | $0 |