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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 Monmouth College since 2011.
For that period, the average number of students who received grants aid/scholarships is 1,082, which is 99.91 % of all undergraduate students. 814 students which is 74.55% of undergraduate students received federal student loans and the average loan amount is $7,025.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-121,295 (99%)$18,781549 (42%)$3,8581,061 (81%)$6,722
2012-131,242 (100%)$20,835550 (44%)$4,1341,014 (82%)$7,167
2013-141,249 (100%)$22,957531 (42%)$4,409979 (78%)$7,598
2014-151,296 (100%)$25,033575 (44%)$4,380972 (75%)$7,340
2015-161,195 (100%)$25,837494 (41%)$4,369886 (74%)$7,122
2016-171,144 (100%)$26,415427 (37%)$4,486827 (72%)$7,184
2017-181,030 (100%)$28,442417 (40%)$4,630756 (73%)$7,220
2018-19914 (100%)$28,990335 (37%)$4,633656 (72%)$6,816
2019-20907 (100%)$31,570323 (36%)$4,659644 (71%)$6,642
2020-21873 (100%)$31,732261 (30%)$4,751615 (70%)$6,692
2021-22755 (100%)$33,844247 (33%)$4,775545 (72%)$6,776
Average1,082 (99.91%)$26,767428 (38.73%)$4,462814 (74.55%)$7,025

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

OverviewGrants/ScholarshipStudent Loans
For the last 12 years, on average, 292 (100.00 % of students) received grants or scholarships and its average amount is $28,581. It can cover 65.67% of tuition & fees ($43,520).
In addition, 227 (77.36 % of students) students get helped from the students loans (average amount : $6,934).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-12338 (100%)$20,455288 (85%)$6,606
2012-13340 (100%)$24,056284 (84%)$6,599
2013-14390 (100%)$24,332300 (77%)$7,625
2014-15394 (100%)$28,384309 (78%)$6,539
2015-16270 (100%)$26,402211 (78%)$7,016
2016-17285 (100%)$27,809201 (71%)$7,008
2017-18281 (100%)$29,898224 (80%)$7,577
2018-19243 (100%)$30,968185 (76%)$6,577
2019-20255 (100%)$33,290173 (68%)$6,982
2020-21233 (100%)$34,445177 (76%)$6,744
2021-22179 (100%)$34,351140 (78%)$6,998
Average292 (100.00%)$28,581227 (77.36%)$6,934
*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, 124 (41.45 % of students) received Pell (federal) grants and its average amount is $4,610.
In addition, 131 students received State/local government grants/scholarships (43.36 % 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
2011-12160 (47%)$4,267161 (48%)$516188 (56%)$4,464338 (100%)$15,706
2012-13176 (52%)$4,293176 (52%)$373195 (57%)$4,407340 (100%)$19,113
2013-14171 (44%)$4,542169 (43%)$467198 (51%)$4,757390 (100%)$19,723
2014-15193 (49%)$4,405186 (47%)$440200 (51%)$4,719393 (100%)$23,683
2015-16117 (43%)$4,481111 (41%)$442118 (44%)$4,719265 (98%)$22,635
2016-17106 (37%)$4,582106 (37%)$436116 (41%)$4,740285 (100%)$24,013
2017-18118 (42%)$4,828118 (42%)$489110 (39%)$4,869281 (100%)$25,759
2018-1985 (35%)$4,63284 (35%)$54589 (37%)$4,869241 (99%)$27,603
2019-2091 (36%)$4,999195 (76%)$1,33587 (34%)$5,350255 (100%)$28,660
2020-2179 (34%)$4,85884 (36%)$1,30184 (36%)$5,418233 (100%)$30,376
2021-2266 (37%)$4,82558 (32%)$77956 (31%)$5,547179 (100%)$30,584
Average124 (41.45%)$4,610132 (44.45%)$648131 (43.36%)$4,896291 (99.73%)$24,350
*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, 227 (77.36 % of students) get any students loan help and its average loan amount is $227.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2011-12288 (85%)$6,606287 (85%)$5,87120 (6%)$10,868
2012-13284 (84%)$6,599282 (83%)$6,02319 (6%)$9,251
2013-14300 (77%)$7,625296 (76%)$6,87623 (6%)$10,968
2014-15309 (78%)$6,539306 (78%)$6,08313 (3%)$12,244
2015-16211 (78%)$7,016207 (77%)$6,22813 (5%)$14,714
2016-17201 (71%)$7,008199 (70%)$6,14812 (4%)$15,423
2017-18224 (80%)$7,577224 (80%)$6,60716 (6%)$13,579
2018-19185 (76%)$6,577185 (76%)$5,68914 (6%)$11,738
2019-20173 (68%)$6,982171 (67%)$5,76821 (8%)$10,552
2020-21177 (76%)$6,744176 (76%)$5,60415 (6%)$13,828
2021-22140 (78%)$6,998139 (78%)$5,64816 (9%)$12,167
Average227 (77.36%)$6,934225 (76.91%)$6,05017 (5.91%)$12,303

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