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How many students are received any financial aid at James Madison University?

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For the academic year 2022-2023, total 2,770 full-time, first-time students (58% 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 7,057 students (35% of all students) received grants or scholarships and the average grant amount is $9,388. In addition, 6,037 students received student loans and the average loan amount is $6,191.

Below tables show the number and amount by source of financial aid at James Madison University.
All Undergraduate Student Financial Aid at James Madison University
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid7,05735%$9,388
Pell Grants2,86314%$4,809
Federal Student Loans6,03730%$6,191
Beginning Students (Freshmen) Financial Aid at James Madison University
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid2,77058%-
Grants or Scholarship from All Sources1,57733%$10,081
Federal Grants69915%$4,944
Pell Grants69115%$4,680
Other Federal Grants2144%$1,037
State/Local Grants58112%$4,823
Institutional Grants1,27227%$7,579
Student Loans1,67735%$9,063
Federal Student Loans1,55933%$5,232
Other Student Loans3547%$19,890
see more grants, scholarship, student loans, and other financial aid stats

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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