For the academic year 2022-2023, total 2,845 full-time, first-time students (82% of all freshmen) awarded any student financial aid. The headcount includes the number of full-time, first-time degree seeking beginning undergraduate students.
For all undergraduate students, total 9,195 students (57% of all students) received grants or scholarships and the average grant amount is $10,945. In addition, 7,096 students received student loans and the average loan amount is $6,293.
Below tables show the number and amount by source of financial aid at Montclair State University.
For all undergraduate students, total 9,195 students (57% of all students) received grants or scholarships and the average grant amount is $10,945. In addition, 7,096 students received student loans and the average loan amount is $6,293.
Below tables show the number and amount by source of financial aid at Montclair State University.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 9,195 | 57% | $10,945 |
| Pell Grants | 7,201 | 45% | $5,139 |
| Federal Student Loans | 7,096 | 44% | $6,293 |
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 2,845 | 82% | - |
| Grants or Scholarship from All Sources | 2,274 | 66% | $11,771 |
| Federal Grants | 1,679 | 48% | $5,625 |
| Pell Grants | 1,679 | 48% | $5,334 |
| Other Federal Grants | 880 | 25% | $556 |
| State/Local Grants | 1,370 | 40% | $8,047 |
| Institutional Grants | 1,320 | 38% | $4,771 |
| Student Loans | 1,728 | 50% | $7,904 |
| Federal Student Loans | 1,635 | 47% | $5,119 |
| Other Student Loans | 303 | 9% | $17,456 |
What is the Financial aid?
Federal Work Study, grants, loans to students (government and/or private), assistantships, scholarships, fellowships, tuition waivers, tuition discounts, employer aid (tuition reimbursement) and other monies (other than from relatives/friends) provided to students to meet expenses. This excludes loans to parents.
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