For the academic year 2022-2023, total 788 full-time, first-time students (96% 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 5,101 students (79% of all students) received grants or scholarships and the average grant amount is $10,278. In addition, 2,875 students received student loans and the average loan amount is $6,460.
Below tables show the number and amount by source of financial aid at Monroe College.
For all undergraduate students, total 5,101 students (79% of all students) received grants or scholarships and the average grant amount is $10,278. In addition, 2,875 students received student loans and the average loan amount is $6,460.
Below tables show the number and amount by source of financial aid at Monroe College.
| 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 |
| 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 |
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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