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What is the average loan amount at Montclair State University?

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For the academic year 2022-2023, total 1,728 full-time, first-time students (50% of all freshmen) have received student loans (federal or other source). For all undergraduate students, total 7,096 students (44% of all students) have received federal student loans and the average loan amount is $6,293 at Montclair State University.

Below tables show the number and amount by source of financial aid at Montclair State University.
All Undergraduate Student Financial Aid at Montclair State University
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid9,19557%$10,945
Pell Grants7,20145%$5,139
Federal Student Loans7,09644%$6,293
Beginning Students (Freshmen) Financial Aid at Montclair State University
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid2,84582%-
Grants or Scholarship from All Sources2,27466%$11,771
Federal Grants1,67948%$5,625
Pell Grants1,67948%$5,334
Other Federal Grants88025%$556
State/Local Grants1,37040%$8,047
Institutional Grants1,32038%$4,771
Student Loans1,72850%$7,904
Federal Student Loans1,63547%$5,119
Other Student Loans3039%$17,456
see more grants, scholarship, student loans, and other financial aid stats

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