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Monmouth University

West Long Branch, NJ 4 year Private

Average Grant & Scholarships

In 2022, 98 of freshman students at Monmouth University received on average $27,761 in grant and scholarships from the college, the state and/or the federal government. Below is detail stats of the aid provided to full-time, freshman students.

$27,761
Students Receiving Aid Average Amount Total Amount
Pell Grant 309 34% $5,206 $1,608,702
Other Federal Grant 611 66% $3,881 $2,371,078
State Grant/Scholarships 278 30% $10,266 $2,854,077
Institutional Grant/Scholarships 906 98% $21,993 $19,926,108
Total Grant & Scholarships 906 98% $27,761 $25,151,263

Average Student Loans

In 2022, 63% of freshman students at Monmouth University received $5,350 (average) in federal student loan. Below is detail stats of all the loans provided to full-time, freshman students.

$5,350
Students Receiving Loan Average Amount Total Amount
Federal Student Loans 576 63% $5,350 $3,081,427
Private Loans 156 17% $14,337 $2,236,505
Total Loans 593 64% $8,968 $5,317,932

Financial Aid By Income Level

Financial aid breakdown by students family income level. The data is organized by income level group starting from families making below $30k to above $110k.

Post-9/11 GI Bill

Post 9/11 GI Bill is a federal education benefit program for veterans, who served on active duty after September 10, 2001. This Department of Veteran Affairs benefit provides up to 36 months of education benefits at an approved institution for the following college costs: tuition and fees, books and supplies and housing. The tuition and fees payment, which is the cost for an in-state student attending a public institution, is made directly to the post-secondary institution whereas payments for books and supplies and housing are sent directly to the student.

$20,123
Average aid amount
2022

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