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National Application Center :: campus tours :: Monmouth College costs & financial aid

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Monmouth College

Monmouth College
700 East Broadway
Monmouth, IL 61462

Official telephone: (309) 457-2311
Toll-free telephone: (800) 747-2687
Fax number: (309) 457-2152
Website: www.monmouthcollege.edu
Screen last updated on: December 2016

The financial aid information below is valid for the 2015 academic year.

FINANCIAL AID OFFICE
Financial aid officer: Jayne Schreck,
Associate VP for Financial Aid
Contacting the office: 309 457-2129
309-457-2373 (fax)
finaid@
monmouthcollege.edu
FAFSA number: 001725

EXPENSES
Undergraduate tuition: $35,300; $35,300 out-of-state
Book fees: $1,200
Miscellaneous expenses: $2,000
Combined room and board expenses: $8,300

APPLYING FOR AID

Required form Priority date Rolling? Closing date
FAFSAMarch 1yesN/A

Applied for financial aid:
94% of first-year students
91% of full-time undergraduates
100% of part-time undergraduates
Determined to have financial need:
92% of first-year students
93% of full-time undergraduates
60% of part-time undergraduates
Students determined to have financial need who received any financial aid:
100% of first-year students
100% of full-time undergraduates
100% of part-time undergraduates
Students determined to have financial need who received any need-based gift aid:
100% of first-year students
100% of full-time undergraduates
100% of part-time undergraduates
Students receiving financial aid who received need-based self-help aid:
83% of first-year students
80% of full-time undergraduates
33% of part-time undergraduates
Students receiving financial aid who received any non-need-based gift aid:
14% of first-year students
13% of full-time undergraduates
0% of part-time undergraduates
Students receiving financial aid whose need was fully met (excluding PLUS loans and private alternative loans):
21% of first-year students
35% of full-time undergraduates
0% of part-time undergraduates
Average percent of need that was met of students who received any need-based aid (excluding PLUS loans and private alternative loans):
88% for first-year students
87% for full-time undergraduates
53% for part-time undergraduates
Average financial aid package (excluding PLUS loans and private alternative loans):
$31,909 for first-year students
$31,050 for full-time undergraduates
$14,817 for part-time undergraduates
Average need-based gift award:
$26,884 for first-year students
$25,721 for full-time undergraduates
$14,317 for part-time undergraduates
Average need-based self-help award (excluding PLUS loans and private alternative loans):
$4,771 for first-year students
$5,380 for full-time undergraduates
$1,500 for part-time undergraduates
Average need-based loan (excluding PLUS loans and private alternative loans):
$3,573 for first-year students
$4,489 for full-time undergraduates
$1,500 for part-time undergraduates
Students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits):
13% of first-year students
15% of full-time undergraduates
40% of part-time undergraduates
Average award to students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits):
$21,613 for first-year students
$20,384 for full-time undergraduates
$1,880 for part-time undergraduates
School participates in Federal Work-Study Program: yes

TYPES OF AID AVAILABLE
Types of loans available:
  • Direct Subsidized Stafford Loans
  • Direct Unsubsidized Stafford Loans
  • Direct PLUS Loans
  • FFEL Subsidized Stafford Loans
  • FFEL Unsubsidized Stafford Loans
  • FFEL PLUS Loans
  • Federal Perkins Loans
  • College/University Loans
Parent loans packaged to meet need: yes
Percent of undergraduates who have borrowed through all loan programs: 83%
Average student debt upon graduation: $29,238
Types of payment plans:
  • deferred payment plan
  • Nelnet Business Solutions.
Need-based scholarships/grants available:
  • need-based (general)
  • Federal Pell Grants
  • SEOG
  • state scholarships/grants
  • college/university scholarships/grants (institutional funds)
  • private scholarships/grants
Non-need-based scholarships/grants available:
  • non-need-based (general)
  • academic merit scholarships/grants
  • creative arts/performance
  • ROTC scholarships

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