Tuition and fees rose 16.1 percent for 2017-18 at Inter American University of Puerto Rico-Bayamon, according to the latest disclosure from the U.S. Department of Education.
Puerto Rico students paid $5,898 to attend the four-year private not-for-profit institution this year $816 more than the $5,082 charged for 2016-17.
Data shows 94 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 892 students received grants or scholarships totaling $4.57 million and 20 students took out student loans totaling more than $61,405.
Including all undergraduates, 4,013 students used grants or scholarships totaling $22.4 million. Another 891 took out $3.57 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
4,450
$4,852
$4,962
$5,082
$5,898
21.6%
Undergraduate financial aid
The following data includes only full-time students who began an undergraduate program at the Inter American University of Puerto Rico-Bayamon 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
860
91%
$4,363,456
$5,074
State / local grant or scholarship
141
15%
$46,147
$327
Institutional grants or scholarships
174
18%
$156,690
$901
Grant or scholarship aid total
892
94%
$4,566,293
$5,119
Federal student loans
20
2%
$61,405
$3,070
Other student loans
0
0%
$0
Student loan aid
20
2%
$61,405
$3,070
Total student aid
892
94%
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