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 Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received | |
|---|---|---|---|---|
| Grant or scholarship aid | 4,529 | 96% | $87,282,779 | $19,272 |
| Pell Grants | 1,422 | 30% | $6,921,662 | $4,868 |
| Federal Students Loans | 3,151 | 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 Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received | |
|---|---|---|---|---|
| Any Financial Aid | 1,077 | 99% | - | - |
| Grant or scholarship aid | 1,070 | 99% | $23,955,192 | $22,388 |
| Federal Grants | 361 | 33% | $1,968,699 | $5,453 |
| Pell Grants | 359 | 33% | $1,737,331 | $4,839 |
| Other Federal Grants | 229 | 21% | $231,368 | $1,010 |
| State/Local Grants | 320 | 30% | $3,256,963 | $10,178 |
| Institutional Grants | 1,054 | 97% | $18,729,530 | $17,770 |
| Student Loans | 781 | 72% | $6,829,172 | $8,744 |
| Federal Student Loans | 775 | 72% | $4,186,796 | $5,402 |
| Other Student Loans | 203 | 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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