8,818 students (42% of total 21,006 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 $10,140.
For the first-time, full-time beginning students (freshmen), 58% of total 4,916 enrolled students have received any kind of financial aid and its average amount of aid received is $12,114.
At James Madison University, 8,818 undergraduate students (42% of total 21,006 students) have received financial aid including grants, scholarships, and/or federal student loans. The average amount of aid received is $10,140.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received |
|---|---|---|---|---|
| Grant or Scholarship | 8,818 | 42% | $89,418,851 | $10,140 |
| Pell Grants | 3,597 | 17% | $15,993,873 | $4,446 |
| Federal Student Loan | 6,099 | 29% | $36,131,585 | $5,924 |
2,832 beginning undergraduate students (58% of total 4,916 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 $12,114.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received |
|---|---|---|---|---|
| Any Financial Aid | 2,832 | 58% | - | - |
| Grants or Scholarships | 1,630 | 33% | $19,746,283 | $12,114 |
| Federal Grants | 683 | 14% | $3,848,606 | $5,635 |
| Pell Grants | 676 | 14% | $3,632,967 | $5,374 |
| Other Federal Grants | 222 | 5% | $215,639 | $971 |
| State/Local Grants | 723 | 15% | $5,553,396 | $7,681 |
| Institutional Grants | 1,338 | 27% | $10,344,281 | $7,731 |
| Student Loan Aid | 1,722 | 35% | $16,828,878 | $9,773 |
| Federal Student Loans | 1,633 | 33% | $8,417,289 | $5,154 |
| Other Student Loans | 373 | 8% | $8,411,589 | $22,551 |
The following table shows the number of students awarded and the average grants / scholarship aid amount by income level for the academic year 2023-2024 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.
| Income Level | Number of Students | Number of Students Awarded | Total Amount Aid Awarded | Average Amount Aid Awarded |
|---|---|---|---|---|
| All level | 1,388 | 1,388 | $11,654,456 | $8,397 |
| 0-30,000 | 195 | 195 | $3,828,077 | $19,631 |
| 30,001-48,000 | 144 | 144 | $2,597,860 | $18,041 |
| 48,001-75,000 | 233 | 233 | $3,043,702 | $13,063 |
| 75,001-110,000 | 191 | 191 | $1,345,067 | $7,042 |
| 110,001 or more | 625 | 625 | $839,750 | $1,344 |
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