Financial Aid At James Madison University

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At James Madison University, 7,037 undergraduate students (35% of total 19,975 students) have received financial aid including grants, scholarships, and/or federal student loans. The average amount of aid received is $6,998.
Financial Aid Statistics (All Undergraduate Students) at James Madison University
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Grant or Scholarship7,03735% $49,247,407$6,998
Pell Grants3,06015% $12,720,717$4,157
Federal Student Loan7,50238% $45,624,666$6,082

Beginning Undergraduate Students (Freshmen) Financial Aid

2,945 beginning undergraduate students (63% of total 4,665 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 $8,489.
Financial Aid Statistics (First-time Full-time Beginning Undergraduate Students) at James Madison University
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid2,94563% --
Grants or Scholarships1,38430%$11,748,858$8,489
Federal Grants69415%$3,037,559$4,377
Pell Grants69015%$2,874,306$4,166
Other Federal Grants1944%$163,253$842
State/Local Grants60613%$3,527,059$5,820
Institutional Grants76016%$5,184,240$6,821
Student Loan Aid1,99643%$16,768,332$8,401
Federal Student Loans1,91541%$10,017,016$5,231
Other Student Loans3868%$6,751,316$17,490

Grants and Scholarship Aid By Income Level (Paying In-State Tuition)

Next table shows number of students awarded and average grants/scholarship aid amount by income level for academic year 2015-2016 at James Madison University. The sources of grants and scholarship aid are the federal government, state/local government, or the institution (James Madison University. For this statistics, Only students who paying the in-state or in-district tuition rate are considered.
Grants of Scholarship Aid Statistics By Income Level at James Madison University
Income LevelNumber of StudentsNumber of Students AwardedTotal Amount Aid Awarded Average Amount Aid Awarded
All level1,581792$7,471,730$4,726
0-30,000217217$2,730,175$12,581
30,001-48,000189186$2,070,525$10,955
48,001-75,000243216$1,845,644$7,595
75,001-110,000318118$622,255$1,957
110,001 or more61455$203,131$331



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