Tuition and fees rose 15.5 percent for 2017-18 at Inter American University of Puerto Rico-Arecibo, according to the latest disclosure from the U.S. Department of Education.
Puerto Rico students paid $5,872 to attend the four-year private not-for-profit institution this year $790 more than the $5,082 charged for 2016-17.
Data shows 97 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 709 students received grants or scholarships totaling $3.78 million and 17 students took out student loans totaling more than $60,864.
Including all undergraduates, 3,791 students used grants or scholarships totaling $22.59 million. Another 992 took out $4.06 million in federal student loans.
The cost of attending
Enrollment
2014-15
2015-16
2016-17
2017-18
Change in tuition and fees 2014-15 to 2017-18
~4,297
$4,852
$4,962
$5,082
$5,872
21%
Undergraduate financial aid
The following data includes only full-time students who began an undergraduate program at the Inter American University of Puerto Rico-Arecibo in 2015-16.Type of Aid
Number of students receiving aid
Percent receiving aid
Total amount of aid received
Average amount of aid per student
Federal grants
696
95%
$3,584,600
$5,150
State / local grant or scholarship
327
45%
$50,158
$153
Institutional grants or scholarships
283
39%
$144,497
$511
Grant or scholarship aid total
709
97%
$3,779,255
$5,330
Federal student loans
17
2%
$60,864
$3,580
Other student loans
0
0%
$0
Student loan aid
17
2%
$60,864
$3,580
Total student aid
709
97%
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