Over the past 10 years (2013-2022), 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.

For full-time, first-time beginning students (freshmen), 98.56% of students received grants or scholarships and 69% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table shows 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.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-144,383 (95%)$14,3961,205 (26%)$4,2493,009 (65%)$7,244
2014-154,447 (96%)$15,4881,234 (27%)$4,4143,064 (66%)$7,213
2015-164,502 (96%)$16,3711,310 (28%)$4,3933,145 (67%)$7,074
2016-174,480 (95%)$17,4481,311 (28%)$4,4563,113 (66%)$6,986
2017-184,529 (96%)$19,2721,422 (30%)$4,8683,151 (67%)$7,029
2018-194,439 (96%)$20,8451,460 (32%)$4,9453,089 (67%)$6,832
2019-204,366 (98%)$22,0551,353 (30%)$5,1092,989 (67%)$6,869
2020-214,163 (98%)$23,9191,307 (31%)$5,1532,736 (64%)$6,899
2021-223,981 (98%)$25,7561,225 (30%)$5,2822,508 (61%)$6,663
Average4,366 (96.44%)$19,5061,314 (29.11%)$4,7632,978 (65.56%)$6,979
*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.

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

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
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14904 (100%)$16,933599 (66%)$10,442
2014-151,049 (99%)$17,215773 (73%)$10,016
2015-161,085 (96%)$18,385836 (74%)$9,790
2016-171,069 (98%)$19,726804 (74%)$11,147
2017-181,070 (99%)$22,388781 (72%)$8,744
2018-191,043 (99%)$23,789620 (59%)$4,004
2019-20985 (99%)$24,361720 (72%)$5,696
2020-21906 (98%)$27,761593 (64%)$8,968
2021-22945 (99%)$28,366617 (65%)$10,722
Average1,006 (98.56%)$22,103705 (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.

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) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14240 (26%)$4,457162 (18%)$1,103231 (25%)$9,629903 (100%)$13,106
2014-15281 (27%)$4,593200 (19%)$1,008293 (28%)$8,3771,045 (99%)$13,504
2015-16360 (32%)$4,448208 (18%)$1,068324 (29%)$9,7661,075 (95%)$13,916
2016-17358 (33%)$4,578189 (17%)$951347 (32%)$9,9111,054 (97%)$15,018
2017-18359 (33%)$4,839229 (21%)$1,010320 (30%)$10,1781,054 (97%)$17,770
2018-19346 (33%)$4,971209 (20%)$1,246331 (32%)$9,2981,042 (99%)$18,958
2019-20310 (31%)$5,139207 (21%)$1,059306 (31%)$9,637984 (99%)$19,548
2020-21309 (34%)$5,206599 (65%)$1,273278 (30%)$10,266906 (98%)$21,993
2021-22290 (30%)$5,307616 (65%)$2,383239 (25%)$10,738943 (99%)$22,516
Average317 (31.00%)$4,838291 (29.33%)$1,233297 (29.11%)$9,7561,001 (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.

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.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14599 (66%)$10,442599 (66%)$5,892136 (15%)$20,043
2014-15773 (73%)$10,016769 (73%)$5,876164 (16%)$19,659
2015-16836 (74%)$9,790825 (73%)$5,688177 (16%)$19,730
2016-17804 (74%)$11,147790 (73%)$5,705409 (38%)$10,893
2017-18781 (72%)$8,744775 (72%)$5,402203 (19%)$13,017
2018-19620 (59%)$4,004619 (59%)$3,32831 (3%)$13,617
2019-20720 (72%)$5,696720 (72%)$4,94740 (4%)$13,490
2020-21593 (64%)$8,968576 (63%)$5,350156 (17%)$14,337
2021-22617 (65%)$10,722599 (63%)$5,340155 (16%)$22,044
Average705 (68.78%)$8,837697 (68.22%)$5,281163 (16.00%)$16,314

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