Financial Aid at Montclair State
Financial Aid Amount Received
$8,852 (42.09% of tuition & fees)
Percent of Financial Aid Received
53% of 16,988 students
All Undergraduate Students Financial Aid
8,784 undergraduate students (53% of all students) have received grants, scholarship, and/or federal student loans at Montclair State University. The percentage of students received financial aid average compared to Public, 4-Years or High Colleges in New Jersey.
The average amount of grants of scholarship aid is $8,852 and the average loan amount is $6,742. The average financial aid amount is 42.09% of tuition & fees based on out-of-state rate (tuition & fees: $21,033).
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 | 8,784 | 53% | $77,752,430 | $8,852 |
| Pell Grants | 7,443 | 45% | $34,630,724 | $4,653 |
| Federal Students Loans | 9,436 | 57% | $63,618,608 | $6,742 |
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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 | 2,433 | 81% | - | - |
| Grant or scholarship aid | 1,749 | 58% | $17,824,178 | $10,191 |
| Federal Grants | 1,414 | 47% | $7,417,772 | $5,246 |
| Pell Grants | 1,414 | 47% | $6,949,960 | $4,915 |
| Other Federal Grants | 626 | 21% | $467,812 | $747 |
| State/Local Grants | 1,299 | 43% | $7,271,697 | $5,598 |
| Institutional Grants | 914 | 30% | $3,134,709 | $3,430 |
| Student Loans | 1,833 | 61% | $13,864,408 | $7,564 |
| Federal Student Loans | 1,773 | 59% | $9,653,719 | $5,445 |
| Other Student Loans | 288 | 10% | $4,210,689 | $14,620 |
First-time (full-time) Undergraduate Students Financial Aid
For the full-time, first-time undergraduate students (in most case freshmen), 1,749 students have received one or more types of financial aid at Montclair State University.
The average amount of federal, state, local or institutional grant aid is $10,191 and the average amount of student loans awarded to full-time first-time undergraduate students is $7,564.
Next table shows the financial data by type of aid at Montclair State University.
Financial Aid by Income Level
Next table summarizes the number of schools receiving financial aid and its average amount by income levels at Montclair State University.
| Income Level | # of Students | # of Students Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received |
|---|---|---|---|---|
| All Income Level | - | - | $17,090,488 | $7,657 |
| 0 - $30,000 | 801 | 778 | $10,369,193 | $12,945 |
| $30,001 - $48,000 | 352 | 344 | $3,989,215 | $11,333 |
| $48,001 - $75,000 | 351 | 297 | $2,029,405 | $5,782 |
| $75,001 - $110,000 | 278 | 107 | $418,808 | $1,507 |
| $110,001 - more | 450 | 68 | $283,867 | $631 |
Paid Tuition Rates by Residency
| # of Students | |
|---|---|
| In-District Rate | 0 |
| In-State Rate | 2,912 |
| Out-of-State Rate | 92 |
| Un-known | 0 |
Number of Students by Living Arrangment (Freshmen)
| # of Students | |
|---|---|
| Living On-Campus | 892 |
| Living Off-Campus | 169 |
| Living with Family | 623 |
| Un-known | 15 |
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