How Monroe'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 Monroe College since 2013.

For that period, the average number of students who received grants aid/scholarships is 5,200, which is 85.67 % of all undergraduate students. 3,555 students which is 58.33% of undergraduate students received federal student loans and the average loan amount is $6,289.

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	6,296 (93%)	$11,373	5,129 (75%)	$4,482	5,040 (74%)	$6,557
2014-15	5,996 (92%)	$10,759	4,530 (70%)	$3,676	4,737 (73%)	$6,120
2015-16	5,860 (94%)	$7,012	4,562 (73%)	$3,671	4,779 (77%)	$6,011
2016-17	5,187 (88%)	$7,530	4,110 (70%)	$3,682	4,001 (68%)	$5,833
2017-18	5,009 (91%)	$14,217	3,961 (72%)	$5,334	3,204 (58%)	$6,633
2018-19	4,978 (89%)	$9,471	3,816 (69%)	$4,485	2,934 (53%)	$5,732
2019-20	5,425 (94%)	$12,453	4,044 (70%)	$5,554	2,939 (51%)	$6,419
2020-21	2,944 (51%)	$10,628	2,026 (35%)	$4,953	1,487 (26%)	$6,838
2021-22	5,101 (79%)	$10,278	3,556 (55%)	$4,390	2,875 (45%)	$6,460
Average	5,200 (85.67%)	$10,413	3,970 (65.44%)	$4,470	3,555 (58.33%)	$6,289

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

Overview

For the last 10 years, on average, 995 (95.44 % of students) received grants or scholarships and its average amount is $11,757. It can cover 65.60% of tuition & fees ($17,922).

In addition, 531 (50.67 % of students) students get helped from the students loans (average amount : $5,263).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	1,156 (98%)	$9,126	854 (72%)	$5,244
2014-15	876 (97%)	$9,431	639 (71%)	$5,126
2015-16	1,014 (94%)	$10,857	660 (61%)	$5,141
2016-17	1,013 (96%)	$10,773	611 (58%)	$4,775
2017-18	933 (94%)	$12,462	392 (39%)	$5,308
2018-19	986 (96%)	$12,396	377 (37%)	$5,414
2019-20	1,238 (99%)	$12,251	505 (40%)	$4,972
2020-21	988 (93%)	$12,721	434 (41%)	$5,812
2021-22	752 (92%)	$15,792	305 (37%)	$5,579
Average	995 (95.44%)	$11,757	531 (50.67%)	$5,263

^*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, 825 (79.11 % of students) received Pell (federal) grants and its average amount is $4,988.

In addition, 747 students received State/local government grants/scholarships (71.56 % 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	990 (84%)	$4,680	186 (16%)	$731	810 (69%)	$3,522	770 (65%)	$3,802
2014-15	759 (84%)	$4,772	120 (13%)	$754	607 (67%)	$3,817	693 (77%)	$3,221
2015-16	819 (76%)	$5,197	257 (24%)	$763	714 (66%)	$4,020	907 (84%)	$4,065
2016-17	802 (76%)	$4,920	268 (25%)	$748	704 (67%)	$3,714	958 (91%)	$4,335
2017-18	771 (78%)	$4,661	354 (36%)	$773	620 (62%)	$4,029	889 (89%)	$5,919
2018-19	803 (78%)	$4,923	412 (40%)	$732	757 (74%)	$3,905	898 (87%)	$5,581
2019-20	1,043 (84%)	$4,991	506 (41%)	$722	1,009 (81%)	$4,119	1,117 (89%)	$4,870
2020-21	849 (80%)	$5,130	628 (59%)	$713	887 (83%)	$4,265	834 (78%)	$4,775
2021-22	590 (72%)	$5,621	417 (51%)	$1,193	618 (75%)	$5,020	662 (81%)	$7,491
Average	825 (79.11%)	$4,988	350 (33.89%)	$792	747 (71.56%)	$4,046	859 (82.33%)	$4,895

^*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, 531 (50.67 % of students) get any students loan help and its average loan amount is $531.

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	854 (72%)	$5,244	854 (72%)	$5,244	-	-
2014-15	639 (71%)	$5,126	639 (71%)	$5,126	-	-
2015-16	660 (61%)	$5,141	660 (61%)	$5,141	-	-
2016-17	611 (58%)	$4,775	611 (58%)	$4,775	-	-
2017-18	392 (39%)	$5,308	392 (39%)	$5,308	-	-
2018-19	377 (37%)	$5,414	377 (37%)	$5,414	-	-
2019-20	505 (40%)	$4,972	505 (40%)	$4,972	-	-
2020-21	434 (41%)	$5,812	434 (41%)	$5,812	-	-
2021-22	305 (37%)	$5,579	305 (37%)	$5,556	1 (0%)	$7,000
Average	531 (50.67%)	$5,263	531 (50.67%)	$5,261	1 (0.00%)	$7,000

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Scholarships, Grants, and Loan Trends at Monroe

All Undergraduate Students Financial Aid Over Time

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