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What is the average loan amount at James Madison University?

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For the academic year 2022-2023, total 1,677 full-time, first-time students (35% of all freshmen) have received student loans (federal or other source). For all undergraduate students, total 6,037 students (30% of all students) have received federal student loans and the average loan amount is $6,191 at James Madison University.

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

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