For the academic year 2022-2023, total 948 full-time, first-time students (99% 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 3,981 students (98% of all students) received grants or scholarships and the average grant amount is $25,756. In addition, 2,508 students received student loans and the average loan amount is $6,663.
Below tables show the number and amount by source of financial aid at Monmouth University.
For all undergraduate students, total 3,981 students (98% of all students) received grants or scholarships and the average grant amount is $25,756. In addition, 2,508 students received student loans and the average loan amount is $6,663.
Below tables show the number and amount by source of financial aid at Monmouth University.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 3,981 | 98% | $25,756 |
| Pell Grants | 1,225 | 30% | $5,282 |
| Federal Student Loans | 2,508 | 61% | $6,663 |
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 948 | 99% | - |
| Grants or Scholarship from All Sources | 945 | 99% | $28,366 |
| Federal Grants | 618 | 65% | $4,866 |
| Pell Grants | 290 | 30% | $5,307 |
| Other Federal Grants | 616 | 65% | $2,383 |
| State/Local Grants | 239 | 25% | $10,738 |
| Institutional Grants | 943 | 99% | $22,516 |
| Student Loans | 617 | 65% | $10,722 |
| Federal Student Loans | 599 | 63% | $5,340 |
| Other Student Loans | 155 | 16% | $22,044 |
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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