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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 Montclair State University since 2011.
For that period, the average number of students who received grants aid/scholarships is 8,337, which is 52.00 % of all undergraduate students. 8,914 students which is 55.73% of undergraduate students received federal student loans and the average loan amount is $7,481.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-127,042 (49%)$6,3555,303 (37%)$4,1538,716 (60%)$8,623
2012-136,996 (48%)$6,0945,377 (37%)$4,2038,755 (61%)$8,436
2013-147,642 (50%)$6,7545,894 (38%)$4,2919,325 (60%)$8,416
2014-158,163 (51%)$6,9346,265 (39%)$4,3739,698 (61%)$8,584
2015-168,692 (53%)$6,9656,643 (41%)$4,4319,808 (60%)$8,967
2016-178,097 (48%)$8,4387,017 (42%)$4,4289,885 (59%)$6,657
2017-188,784 (53%)$8,8527,443 (45%)$4,6539,436 (57%)$6,742
2018-199,089 (54%)$9,2977,527 (44%)$4,8519,230 (54%)$6,527
2019-208,962 (54%)$9,3327,311 (44%)$4,9518,593 (51%)$6,572
2020-219,045 (55%)$9,6207,190 (44%)$5,0757,516 (46%)$6,472
2021-229,195 (57%)$10,9457,201 (45%)$5,1397,096 (44%)$6,293
Average8,337 (52.00%)$8,1446,652 (41.45%)$4,5958,914 (55.73%)$7,481

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

OverviewGrants/ScholarshipStudent Loans
For the last 12 years, on average, 1,681 (56.55 % of students) received grants or scholarships and its average amount is $9,630. It can cover 39.92% of tuition & fees ($24,126) based on out-of-state rate.
In addition, 1,746 (59.73 % of students) students get helped from the students loans (average amount : $7,899).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-121,157 (49%)$7,7571,547 (66%)$8,132
2012-131,089 (49%)$8,1741,391 (63%)$8,184
2013-141,462 (48%)$8,3121,894 (63%)$8,311
2014-151,470 (51%)$8,7501,839 (64%)$8,275
2015-161,672 (54%)$9,0351,967 (63%)$7,903
2016-171,628 (55%)$9,9831,891 (64%)$7,688
2017-181,749 (58%)$10,1911,833 (61%)$7,564
2018-192,057 (65%)$10,5441,906 (60%)$7,696
2019-201,915 (62%)$10,5701,706 (55%)$7,848
2020-212,021 (65%)$10,8461,499 (48%)$7,383
2021-222,274 (66%)$11,7711,728 (50%)$7,904
Average1,681 (56.55%)$9,6301,746 (59.73%)$7,899
*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, 1,335 (45.09 % of students) received Pell (federal) grants and its average amount is $4,852.
In addition, 1,152 students received State/local government grants/scholarships (38.73 % 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
2011-12941 (40%)$4,399259 (11%)$1,041728 (31%)$4,875351 (15%)$2,896
2012-13892 (41%)$4,479237 (11%)$1,643712 (32%)$5,258218 (10%)$3,548
2013-141,202 (40%)$4,596335 (11%)$878988 (33%)$5,548215 (7%)$3,967
2014-151,213 (42%)$4,660407 (14%)$7941,044 (36%)$5,592219 (8%)$4,792
2015-161,432 (46%)$4,726590 (19%)$7521,156 (37%)$5,740270 (9%)$4,664
2016-171,394 (47%)$4,734522 (18%)$7341,137 (38%)$5,860813 (27%)$3,207
2017-181,414 (47%)$4,915626 (21%)$7471,299 (43%)$5,598914 (30%)$3,430
2018-191,577 (50%)$5,004691 (22%)$7161,492 (47%)$5,8741,199 (38%)$3,786
2019-201,443 (47%)$5,176728 (24%)$4841,380 (45%)$5,9581,120 (36%)$3,749
2020-211,495 (48%)$5,345745 (24%)$5251,366 (44%)$6,0121,134 (36%)$4,696
2021-221,679 (48%)$5,334880 (25%)$5561,370 (40%)$8,0471,320 (38%)$4,771
Average1,335 (45.09%)$4,852547 (18.18%)$8061,152 (38.73%)$5,851707 (23.09%)$3,955
*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, 1,746 (59.73 % of students) get any students loan help and its average loan amount is $1,746.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2011-121,547 (66%)$8,1321,521 (65%)$5,711288 (12%)$13,516
2012-131,391 (63%)$8,1841,368 (62%)$5,747273 (12%)$12,900
2013-141,894 (63%)$8,3111,851 (61%)$5,738350 (12%)$14,624
2014-151,839 (64%)$8,2751,796 (62%)$5,664367 (13%)$13,747
2015-161,967 (63%)$7,9031,902 (61%)$5,522345 (11%)$14,616
2016-171,891 (64%)$7,6881,845 (62%)$5,452313 (11%)$14,311
2017-181,833 (61%)$7,5641,773 (59%)$5,445288 (10%)$14,620
2018-191,906 (60%)$7,6961,841 (58%)$5,355309 (10%)$15,570
2019-201,706 (55%)$7,8481,609 (52%)$5,330318 (10%)$15,137
2020-211,499 (48%)$7,3831,417 (45%)$5,261249 (8%)$14,505
2021-221,728 (50%)$7,9041,635 (47%)$5,119303 (9%)$17,456
Average1,746 (59.73%)$7,8991,687 (57.64%)$5,486309 (10.73%)$14,637

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