Financial Aid at Monroe

The average amount of financial aid is $10,278 where 79% of enrolled students have received grants or scholarship aid at Monroe College. The average amount of tuition & fees is $17,922 at Monroe College.
  • Average Financial Aid: $10,278
  • Undergraduate Tuition: $17,922

Explorer Monroe College

All Undergraduate Student Financial Aid

For academic year 2022-2023, total 5,101 students (79% of all undergraduate students) have received grants or scholarships and the average received amount is $10,278. Grant/scholarship aid includes federal, state, local, institutional or other sources of grant aid. Next table shows the financial aid statistics for all undergraduate students by aid types at Monroe College.
Financial Aid Statistics at Monroe College
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid5,10179%$10,278
Pell Grants3,55655%$4,390
Federal Student Loans2,87545%$6,460

Beginning Student Financial Aid

For first time, full time beginning students (freshmen), total 788 students (96% of all freshmen) have received any type of financial aid and 760 students (93% of all freshmen) awarded any student loans. The headcount includes the number of full-time, first-time degree seeking beginning undergraduate students. The average amount of grant/scholarship aid is $15,792 and the average amount of student loan aid is $5,579. Next table shows the headcount and average received amount of financial aid by source of the aid at Monroe College.
Beginning Students Financial Aid Statistics at Monroe College
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid78896%-
Grants or Scholarship from All Sources75292%$15,792
Federal Grants59072%$6,464
Pell Grants59072%$5,621
Other Federal Grants41751%$1,193
State/Local Grants61875%$5,020
Institutional Grants66281%$7,491
Student Loans30537%$5,579
Federal Student Loans30537%$5,556
Other Student Loans10%$7,000

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All data used in our site is from IPEDS (The Integrated Postsecondary Education Data System), U.S. Department of Education, academic year 2022-2023