7,057 students (35% of total 20,070 undergraduate students) have awarded federal, state, local, institutional or other sources of grant aid at James Madison University (JMU). The average amount of the aid awarded is $9,388.

For the first-time, full-time beginning students (freshmen), 58% of total 4,762 enrolled students have received any kind of financial aid and its average amount of aid received is $10,081.

All Undergraduate Financial Aid

At James Madison University, 7,057 undergraduate students (35% of total 20,070 students) have received financial aid including grants, scholarships, and/or federal student loans. The average amount of aid received is $9,388.

Financial Aid Statistics (All Undergraduate Students) - JMU
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Grant or Scholarship7,05735% $66,251,314$9,388
Pell Grants2,86314% $13,767,974$4,809
Federal Student Loan6,03730% $37,372,485$6,191

Beginning Undergraduate Students (Freshmen) Financial Aid

2,770 beginning undergraduate students (58% of total 4,762 enrolled freshmen) have received financial aid including grants, scholarships, and/or federal student loans at James Madison University. The average amount of aid received is $10,081.

Financial Aid Statistics (First-time Full-time Beginning Undergraduate Students) - JMU
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid2,77058% --
Grants or Scholarships1,57733%$15,898,024$10,081
Federal Grants69915%$3,455,723$4,944
Pell Grants69115%$3,233,849$4,680
Other Federal Grants2144%$221,874$1,037
State/Local Grants58112%$2,802,294$4,823
Institutional Grants1,27227%$9,640,007$7,579
Student Loan Aid1,67735%$15,198,267$9,063
Federal Student Loans1,55933%$8,157,046$5,232
Other Student Loans3547%$7,041,221$19,890

Grants and Scholarship Aid By Income Level (Paying In-State Tuition)

The following table shows the number of students awarded and the average grants / scholarship aid amount by income level for the academic year 2021-2022 at James Madison University.

The sources of grants and scholarship aid are the federal government, state/local government, or the institution. For the statistics, only students who paid the in-state or in-district tuition rate are considered.

Grants of Scholarship Aid Statistics By Income Level
Income LevelNumber of StudentsNumber of Students AwardedTotal Amount Aid Awarded Average Amount Aid Awarded
All level1,553897$10,215,909$6,578
0-30,000231230$3,666,712$15,873
30,001-48,000149149$2,237,270$15,015
48,001-75,000253244$2,643,113$10,447
75,001-110,000233149$1,018,380$4,371
110,001 or more687125$650,434$947

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