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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 2011.
For that period, the average number of students who received grants aid/scholarships is 5,358, which is 87.18 % of all undergraduate students. 3,760 students which is 61.00% of undergraduate students received federal student loans and the average loan amount is $5,861.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-125,797 (92%)$7,2285,022 (80%)$4,2114,684 (75%)$4,917
2012-136,348 (96%)$9,7355,131 (77%)$4,4574,675 (71%)$2,956
2013-146,296 (93%)$11,3735,129 (75%)$4,4825,040 (74%)$6,557
2014-155,996 (92%)$10,7594,530 (70%)$3,6764,737 (73%)$6,120
2015-165,860 (94%)$7,0124,562 (73%)$3,6714,779 (77%)$6,011
2016-175,187 (88%)$7,5304,110 (70%)$3,6824,001 (68%)$5,833
2017-185,009 (91%)$14,2173,961 (72%)$5,3343,204 (58%)$6,633
2018-194,978 (89%)$9,4713,816 (69%)$4,4852,934 (53%)$5,732
2019-205,425 (94%)$12,4534,044 (70%)$5,5542,939 (51%)$6,419
2020-212,944 (51%)$10,6282,026 (35%)$4,9531,487 (26%)$6,838
2021-225,101 (79%)$10,2783,556 (55%)$4,3902,875 (45%)$6,460
Average5,358 (87.18%)$10,0624,172 (67.82%)$4,4453,760 (61.00%)$5,861

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

OverviewGrants/ScholarshipStudent Loans
For the last 12 years, on average, 1,047 (95.55 % of students) received grants or scholarships and its average amount is $11,340. It can cover 63.27% of tuition & fees ($17,922).
In addition, 588 (53.09 % of students) students get helped from the students loans (average amount : $5,244).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-121,294 (96%)$9,154832 (62%)$4,824
2012-131,262 (96%)$9,778862 (66%)$5,494
2013-141,156 (98%)$9,126854 (72%)$5,244
2014-15876 (97%)$9,431639 (71%)$5,126
2015-161,014 (94%)$10,857660 (61%)$5,141
2016-171,013 (96%)$10,773611 (58%)$4,775
2017-18933 (94%)$12,462392 (39%)$5,308
2018-19986 (96%)$12,396377 (37%)$5,414
2019-201,238 (99%)$12,251505 (40%)$4,972
2020-21988 (93%)$12,721434 (41%)$5,812
2021-22752 (92%)$15,792305 (37%)$5,579
Average1,047 (95.55%)$11,340588 (53.09%)$5,244
*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 12 years, on average, 871 (79.36 % of students) received Pell (federal) grants and its average amount is $4,917.
In addition, 775 students received State/local government grants/scholarships (70.82 % 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
2011-121,111 (82%)$4,537293 (22%)$950920 (68%)$3,541913 (68%)$3,579
2012-131,039 (79%)$4,658205 (16%)$1,007884 (67%)$3,818898 (69%)$4,364
2013-14990 (84%)$4,680186 (16%)$731810 (69%)$3,522770 (65%)$3,802
2014-15759 (84%)$4,772120 (13%)$754607 (67%)$3,817693 (77%)$3,221
2015-16819 (76%)$5,197257 (24%)$763714 (66%)$4,020907 (84%)$4,065
2016-17802 (76%)$4,920268 (25%)$748704 (67%)$3,714958 (91%)$4,335
2017-18771 (78%)$4,661354 (36%)$773620 (62%)$4,029889 (89%)$5,919
2018-19803 (78%)$4,923412 (40%)$732757 (74%)$3,905898 (87%)$5,581
2019-201,043 (84%)$4,991506 (41%)$7221,009 (81%)$4,1191,117 (89%)$4,870
2020-21849 (80%)$5,130628 (59%)$713887 (83%)$4,265834 (78%)$4,775
2021-22590 (72%)$5,621417 (51%)$1,193618 (75%)$5,020662 (81%)$7,491
Average871 (79.36%)$4,917331 (31.18%)$826775 (70.82%)$3,979867 (79.82%)$4,727
*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 12 years, on average, 588 (53.09 % of students) get any students loan help and its average loan amount is $588.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2011-12832 (62%)$4,824831 (62%)$4,8241 (0%)$4,500
2012-13862 (66%)$5,494861 (66%)$5,4852 (0%)$7,000
2013-14854 (72%)$5,244854 (72%)$5,244--
2014-15639 (71%)$5,126639 (71%)$5,126--
2015-16660 (61%)$5,141660 (61%)$5,141--
2016-17611 (58%)$4,775611 (58%)$4,775--
2017-18392 (39%)$5,308392 (39%)$5,308--
2018-19377 (37%)$5,414377 (37%)$5,414--
2019-20505 (40%)$4,972505 (40%)$4,972--
2020-21434 (41%)$5,812434 (41%)$5,812--
2021-22305 (37%)$5,579305 (37%)$5,5561 (0%)$7,000
Average588 (53.09%)$5,244588 (53.09%)$5,2421 (0.00%)$6,167

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