What is in an Average Financial Aid Offer at Monmouth
Monmouth University's average financial aid plan for newly arriving freshmen is $28,175. About 96.0% of new students get some kind of financial aid, most of which is in the form of scholarships and grants.
Financial aid includes scholarships, grants, and student loans. However, loans must be paid off, so they aren't a real discount.
Concerned about the loans that may be part of your financial aid plan? View the average amount of debt per student at Monmouth.
How Much Aid Is Offered That I Don't Have to Repay? (A.K.A. Scholarships & Grants)
The numbers following pertain to assistance that is provided by Monmouth University.
95.0% of first year students (1,075 total) were awarded scholarships at Monmouth University, averaging $13,916 per student. This ranks in the top 40th percentile of all schools in the nation.
As well as scholarships, 32.0% of freshmen (360 total) received a federal grant, averaging $5,065 a person.
How are grants and scholarships distributed to freshmen at Monmouth? Look at the data below.
Grants are usually based on need while scholarships are merit-based.
Amount of Financial Assistance Per Family Income
The below table displays grant and scholarship allocations by family income for freshmen receiving any form of federal Title IV assistance, including Federal PLUS loans.
|Income Level||Percent of Freshman||Average Assistance|
|Income 110k +||29.7%||$12,125|
Education funding from the government available as loans, grants, and work-study is known as Title IV aid. Get more info on Title IV here..
$16,371 is the Average Total an Undergrad Will Get in Scholarships or Grants
96.0% of the 4,693 undergrads at Monmouth University are given some form of grant aid. This is a total of about 4,502 students benefiting from about $16,371 each.
Financial Aid Links from Monmouth University
|Financial Aid Department Website||www.monmouth.edu/university/cost-and-financial-aid.aspx|
|Net Price Calculator||https://monmouth.studentaidcalculator.com/survey.aspx|