[Last update: December 11, 2025]

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.


All Undergraduate Financial Aid

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.

Financial Aid Statistics (All Undergraduate Students) - JMU
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Grant or Scholarship8,81842% $89,418,851$10,140
Pell Grants3,59717% $15,993,873$4,446
Federal Student Loan6,09929% $36,131,585$5,924

Beginning Undergraduate Students (Freshmen) Financial Aid

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.

Financial Aid Statistics (First-time Full-time Beginning Undergraduate Students) - JMU
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid2,83258% --
Grants or Scholarships1,63033%$19,746,283$12,114
Federal Grants68314%$3,848,606$5,635
Pell Grants67614%$3,632,967$5,374
Other Federal Grants2225%$215,639$971
State/Local Grants72315%$5,553,396$7,681
Institutional Grants1,33827%$10,344,281$7,731
Student Loan Aid1,72235%$16,828,878$9,773
Federal Student Loans1,63333%$8,417,289$5,154
Other Student Loans3738%$8,411,589$22,551

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

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.

Grants of Scholarship Aid Statistics By Income Level
Income LevelNumber of StudentsNumber of Students AwardedTotal Amount Aid Awarded Average Amount Aid Awarded
All level1,3881,388$11,654,456$8,397
0-30,000195195$3,828,077$19,631
30,001-48,000144144$2,597,860$18,041
48,001-75,000233233$3,043,702$13,063
75,001-110,000191191$1,345,067$7,042
110,001 or more625625$839,750$1,344

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