Financial Aid at Mech-Tech
Financial Aid Amount Received
$6,490 (56.96% of tuition)
Percent of Financial Aid Received
92% of 2,302 students
2,105 undergraduate students (95% 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 93.67%).
Undergraduate Financial Aid by Type
The average amount of grants of scholarship aid is $6,292 and the average loan amount is $3,463. The average financial aid amount is 56.96% 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 | 2,105 | 95% | $13,245,460 | $6,292 |
| Pell Grants | 2,042 | 92% | $11,175,621 | $5,473 |
| Federal Students Loans | 263 | 12% | $910,693 | $3,463 |
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), 837 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 $7,711 and the average amount of student loans awarded to full-time first-time undergraduate students is $3,692.
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 | 849 | 96% | - | - |
| Grant or scholarship aid | 837 | 95% | $6,453,863 | $7,711 |
| Federal Grants | 837 | 95% | $6,365,423 | $7,605 |
| Pell Grants | 837 | 95% | $5,307,684 | $6,341 |
| Other Federal Grants | 750 | 85% | $1,057,739 | $1,410 |
| State/Local Grants | 157 | 18% | $88,440 | $563 |
| Institutional Grants | 0 | 0% | $0 | - |
| Student Loans | 86 | 10% | $317,489 | $3,692 |
| Federal Student Loans | 86 | 10% | $317,489 | $3,692 |
| Other Student Loans | 0 | 0% | $0 | - |