Financial Aid at Monmouth

Financial Aid Amount Received
$19,272 (48.68% of tuition & fees)
Percent of Financial Aid Received
96% of 4,630 students

All Undergraduate Students Financial Aid

4,529 undergraduate students (96% of all students) have received grants, scholarship, and/or federal student loans at Monmouth University. The percentage of students received financial aid higher compared to Private (not-for-profit), 4-Years or High Colleges in New Jersey. Compare to similar schools in rankings such as Fairleigh Dickinson University-Metropolitan Campus and Fairleigh Dickinson University-Florham Campus, the percentage of students received financial aid is very higher (the average of the schools is 67.60%).
The average amount of grants of scholarship aid is $19,272 and the average loan amount is $7,029. The average financial aid amount is 48.68% of tuition & fees (tuition & fees: $39,592).

Undergraduate Financial Aid by Type

Number Receiving AidPercent Receiving AidTotal Amount of Aid ReceivedAverage Amount of Aid Received
Grant or scholarship aid4,529 96%$87,282,779$19,272
Pell Grants1,422 30%$6,921,662$4,868
Federal Students Loans3,151 67%$22,148,958$7,029
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Undergraduate Student Financial Aid Comparison Chart

First-time Undergraduate Financial Aid by Type

Number Receiving AidPercent Receiving AidTotal Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid1,07799%--
Grant or scholarship aid1,070 99%$23,955,192$22,388
Federal Grants361 33%$1,968,699$5,453
Pell Grants359 33%$1,737,331$4,839
Other Federal Grants229 21%$231,368$1,010
State/Local Grants320 30%$3,256,963$10,178
Institutional Grants1,054 97%$18,729,530$17,770
Student Loans781 72%$6,829,172$8,744
Federal Student Loans775 72%$4,186,796$5,402
Other Student Loans203 19%$2,642,376$13,017

First-time (full-time) Undergraduate Students Financial Aid

For the full-time, first-time undergraduate students (in most case freshmen), 1,070 students have received one or more types of financial aid at Monmouth University.
The average amount of federal, state, local or institutional grant aid is $22,388 and the average amount of student loans awarded to full-time first-time undergraduate students is $8,744.
Next table shows the financial data by type of aid at Monmouth University.

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