univstats

Monroe Financial Aid

Number Received Financial Aid (All Undergraduate) 5,130
Percent Received Financial Aid(All Undergraduate) 87%
Average Aid Amount $10,653
Number Received Financial Aid (Freshmen) 1,114
Percent Received Financial Aid (Freshmen) 100%

Financial Aid Information at Monroe

For the academic year 2023-2024, a total of 5,130 students (87% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $10,653. For freshmen (Full-time, first-time degree-seeking undergraduate students), 1,114 students (100% of enrolled students) received financial aid.
The 2025 undergraduate tuition & fees at Monroe College is $18,464, for reference.

All Undergraduate Students Financial Aid

For the academic year 2023-2024, a total of 5,130 students (87% of all students) have received grants or scholarships and the average received aid amount is $10,653. It includes federal, state, local, institutional, or other sources of grant aid.
The following table describes the financial aid statistics by aid types at Monroe College for all undergraduate students.
Undergraduate Student Financial Aid at Monroe College
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid5,13087%$10,653
Pell Grants3,41158%$4,654
Federal Student Loans2,86748%$6,780

Beginning Students Financial Aid

a total of 1,114 beginning students (100% of all freshmen) have received any financial aid and 1,099 students (98% of all freshmen) awarded any student loans. The headcount includes the number of full-time, first-time degree-seeking beginning undergraduate students.
The below table shows the number and amount by the source of financial aid at Monroe College.
Beginning Students (Freshmen) Financial Aid at Monroe College
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid1,114100%-
Grants or Scholarship from All Sources1,09598%$15,735
Federal Grants78270%$6,355
Pell Grants78270%$5,439
Other Federal Grants52947%$1,353
State/Local Grants73466%$4,610
Institutional Grants95185%$9,333
Student Loans43939%$5,027
Federal Student Loans43839%$4,994
Other Student Loans20%$9,635