How Monmouth's Financial Aid Changes

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Monmouth University since 2013.

For that period, the average number of students who received grants aid/scholarships is 4,366, which is 96.44 % of all undergraduate students. 2,978 students which is 65.56% of undergraduate students received federal student loans and the average loan amount is $6,979.

Year	Grant or Scholarship^*		Pell Grants		Federal Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	4,383 (95%)	$14,396	1,205 (26%)	$4,249	3,009 (65%)	$7,244
2014-15	4,447 (96%)	$15,488	1,234 (27%)	$4,414	3,064 (66%)	$7,213
2015-16	4,502 (96%)	$16,371	1,310 (28%)	$4,393	3,145 (67%)	$7,074
2016-17	4,480 (95%)	$17,448	1,311 (28%)	$4,456	3,113 (66%)	$6,986
2017-18	4,529 (96%)	$19,272	1,422 (30%)	$4,868	3,151 (67%)	$7,029
2018-19	4,439 (96%)	$20,845	1,460 (32%)	$4,945	3,089 (67%)	$6,832
2019-20	4,366 (98%)	$22,055	1,353 (30%)	$5,109	2,989 (67%)	$6,869
2020-21	4,163 (98%)	$23,919	1,307 (31%)	$5,153	2,736 (64%)	$6,899
2021-22	3,981 (98%)	$25,756	1,225 (30%)	$5,282	2,508 (61%)	$6,663
Average	4,366 (96.44%)	$19,506	1,314 (29.11%)	$4,763	2,978 (65.56%)	$6,979

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

Overview

For the last 10 years, on average, 1,006 (98.56 % of students) received grants or scholarships and its average amount is $22,103. It can cover 49.28% of tuition & fees ($44,850).

In addition, 705 (68.78 % of students) students get helped from the students loans (average amount : $8,837).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	904 (100%)	$16,933	599 (66%)	$10,442
2014-15	1,049 (99%)	$17,215	773 (73%)	$10,016
2015-16	1,085 (96%)	$18,385	836 (74%)	$9,790
2016-17	1,069 (98%)	$19,726	804 (74%)	$11,147
2017-18	1,070 (99%)	$22,388	781 (72%)	$8,744
2018-19	1,043 (99%)	$23,789	620 (59%)	$4,004
2019-20	985 (99%)	$24,361	720 (72%)	$5,696
2020-21	906 (98%)	$27,761	593 (64%)	$8,968
2021-22	945 (99%)	$28,366	617 (65%)	$10,722
Average	1,006 (98.56%)	$22,103	705 (68.78%)	$8,837

^*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.

^**percentage of number of students receiving aids among all undergraduate students.

Grants/Scholarship

The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 317 (31.00 % of students) received Pell (federal) grants and its average amount is $4,838.

In addition, 297 students received State/local government grants/scholarships (29.11 % of students).

Year	Federal (Pell) Grants		Other Federal		State/Local government		Institutional
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	240 (26%)	$4,457	162 (18%)	$1,103	231 (25%)	$9,629	903 (100%)	$13,106
2014-15	281 (27%)	$4,593	200 (19%)	$1,008	293 (28%)	$8,377	1,045 (99%)	$13,504
2015-16	360 (32%)	$4,448	208 (18%)	$1,068	324 (29%)	$9,766	1,075 (95%)	$13,916
2016-17	358 (33%)	$4,578	189 (17%)	$951	347 (32%)	$9,911	1,054 (97%)	$15,018
2017-18	359 (33%)	$4,839	229 (21%)	$1,010	320 (30%)	$10,178	1,054 (97%)	$17,770
2018-19	346 (33%)	$4,971	209 (20%)	$1,246	331 (32%)	$9,298	1,042 (99%)	$18,958
2019-20	310 (31%)	$5,139	207 (21%)	$1,059	306 (31%)	$9,637	984 (99%)	$19,548
2020-21	309 (34%)	$5,206	599 (65%)	$1,273	278 (30%)	$10,266	906 (98%)	$21,993
2021-22	290 (30%)	$5,307	616 (65%)	$2,383	239 (25%)	$10,738	943 (99%)	$22,516
Average	317 (31.00%)	$4,838	291 (29.33%)	$1,233	297 (29.11%)	$9,756	1,001 (98.11%)	$17,370

^*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.

^**percentage of number of students receiving aids among all undergraduate students..

Student Loans

The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.

For the last 10 years, on average, 705 (68.78 % of students) get any students loan help and its average loan amount is $705.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	599 (66%)	$10,442	599 (66%)	$5,892	136 (15%)	$20,043
2014-15	773 (73%)	$10,016	769 (73%)	$5,876	164 (16%)	$19,659
2015-16	836 (74%)	$9,790	825 (73%)	$5,688	177 (16%)	$19,730
2016-17	804 (74%)	$11,147	790 (73%)	$5,705	409 (38%)	$10,893
2017-18	781 (72%)	$8,744	775 (72%)	$5,402	203 (19%)	$13,017
2018-19	620 (59%)	$4,004	619 (59%)	$3,328	31 (3%)	$13,617
2019-20	720 (72%)	$5,696	720 (72%)	$4,947	40 (4%)	$13,490
2020-21	593 (64%)	$8,968	576 (63%)	$5,350	156 (17%)	$14,337
2021-22	617 (65%)	$10,722	599 (63%)	$5,340	155 (16%)	$22,044
Average	705 (68.78%)	$8,837	697 (68.22%)	$5,281	163 (16.00%)	$16,314

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Scholarships, Grants, and Loan Trends at Monmouth

All Undergraduate Students Financial Aid Over Time

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time