For the academic year 2022-2023, total 1,269 full-time, first-time students (82% 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 5,672 students (65% of all students) received grants or scholarships and the average grant amount is $8,716. In addition, 2,323 students received student loans and the average loan amount is $4,256.
Below tables show the number and amount by source of financial aid at Monroe Community College.
For all undergraduate students, total 5,672 students (65% of all students) received grants or scholarships and the average grant amount is $8,716. In addition, 2,323 students received student loans and the average loan amount is $4,256.
Below tables show the number and amount by source of financial aid at Monroe Community College.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 5,672 | 65% | $8,716 |
| Pell Grants | 4,143 | 48% | $4,555 |
| Federal Student Loans | 2,323 | 27% | $4,256 |
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 1,269 | 82% | - |
| Grants or Scholarship from All Sources | 1,217 | 78% | $9,666 |
| Federal Grants | 1,092 | 70% | $7,756 |
| Pell Grants | 883 | 57% | $5,189 |
| Other Federal Grants | 1,091 | 70% | $3,564 |
| State/Local Grants | 1,082 | 70% | $2,680 |
| Institutional Grants | 212 | 14% | $1,860 |
| Student Loans | 369 | 24% | $4,264 |
| Federal Student Loans | 365 | 24% | $4,051 |
| Other Student Loans | 14 | 1% | $6,760 |
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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