Number Received Financial Aid (All Undergraduate)
5,101
Percent Received Financial Aid(All Undergraduate)
79%
Average Aid Amount
$10,278
Number Received Financial Aid (Freshmen)
788
Percent Received Financial Aid (Freshmen)
96%
Financial Aid Information at Monroe
For the academic year 2021-2022, a total of 5,101 students (79% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $10,278. For freshmen (Full-time, first-time degree-seeking undergraduate students), 788 students (96% of enrolled students) received financial aid.
The 2024 undergraduate tuition & fees at Monroe College is $17,922, for reference.
All Undergraduate Students Financial Aid
For the academic year 2021-2022, a total of 5,101 students (79% of all students) have received grants or scholarships and the average received aid amount is $10,278. It includes federal, state, local, institutional, or other sources of grant aid. The following table describes the financial aid statistics by aid types at Monroe College for all undergraduate students.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 5,101 | 79% | $10,278 |
| Pell Grants | 3,556 | 55% | $4,390 |
| Federal Student Loans | 2,875 | 45% | $6,460 |
Beginning Students Financial Aid
a total of 788 beginning students (96% of all freshmen) have received any financial aid and 760 students (93% of all freshmen) awarded any student loans. The headcount includes the number of full-time, first-time degree-seeking beginning undergraduate students. The below table shows the number and amount by the source of financial aid at Monroe College.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 788 | 96% | - |
| Grants or Scholarship from All Sources | 752 | 92% | $15,792 |
| Federal Grants | 590 | 72% | $6,464 |
| Pell Grants | 590 | 72% | $5,621 |
| Other Federal Grants | 417 | 51% | $1,193 |
| State/Local Grants | 618 | 75% | $5,020 |
| Institutional Grants | 662 | 81% | $7,491 |
| Student Loans | 305 | 37% | $5,579 |
| Federal Student Loans | 305 | 37% | $5,556 |
| Other Student Loans | 1 | 0% | $7,000 |
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