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

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Monmouth University

Monmouth University
400 Cedar Avenue
West Long Branch, NJ 07764-1898

Official telephone: (732) 571-3400
Website: www.monmouth.edu
Screen last updated on: December 2016

The financial aid information below is valid for the 2014 academic year.

FINANCIAL AID OFFICE
Financial aid officer: Claire Alasio,
Associate Vice President for Enrollment Management & Director of Finan
Contacting the office: 732 571-3463
732 263-5577 (fax)
finaid@monmouth.edu
FAFSA number: 002616

EXPENSES
Undergraduate tuition: $34,664; $34,664 out-of-state
Additional required fees: $700
Book fees: $1,184
Miscellaneous expenses: $2,876
Other expenses: Personal, travel, miscellaneous.
Combined room and board expenses: $10,802 - $15,550

APPLYING FOR AID

Required form Priority date Rolling? Closing date
FAFSAMarch 1noJune 30

Date award notification begins: February 1
Applied for financial aid:
91% of first-year students
82% of full-time undergraduates
62% of part-time undergraduates
Determined to have financial need:
85% of first-year students
87% of full-time undergraduates
84% 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
90% of part-time undergraduates
Students determined to have financial need who received any need-based gift aid:
60% of first-year students
52% of full-time undergraduates
50% of part-time undergraduates
Students receiving financial aid who received need-based self-help aid:
84% of first-year students
84% of full-time undergraduates
84% of part-time undergraduates
Students receiving financial aid who received any non-need-based gift aid:
98% of first-year students
95% of full-time undergraduates
48% of part-time undergraduates
Students receiving financial aid whose need was fully met (excluding PLUS loans and private alternative loans):
15% of first-year students
14% of full-time undergraduates
8% 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):
68% for first-year students
69% for full-time undergraduates
59% for part-time undergraduates
Average financial aid package (excluding PLUS loans and private alternative loans):
$24,607 for first-year students
$24,858 for full-time undergraduates
$15,183 for part-time undergraduates
Average need-based gift award:
$11,856 for first-year students
$12,089 for full-time undergraduates
$4,747 for part-time undergraduates
Average need-based self-help award (excluding PLUS loans and private alternative loans):
$5,037 for first-year students
$5,778 for full-time undergraduates
$3,737 for part-time undergraduates
Average need-based loan (excluding PLUS loans and private alternative loans):
$3,826 for first-year students
$4,751 for full-time undergraduates
$3,714 for part-time undergraduates
Students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits):
22% of first-year students
29% of full-time undergraduates
19% 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):
$9,831 for first-year students
$7,856 for full-time undergraduates
$2,370 for part-time undergraduates
Students who received a non-need-based athletic award:
7% of first-year students
9% of full-time undergraduates
1% of part-time undergraduates
Average non-need-based athletic award:
$21,882 for first-year students
$20,920 for full-time undergraduates
$8,712 for part-time undergraduates
School participates in Federal Work-Study Program: yes
Percent of students who received aid that participated in Federal Work Study: 20%

TYPES OF AID AVAILABLE
Types of loans available:
  • Direct Subsidized Stafford Loans
  • Direct Unsubsidized Stafford Loans
  • Direct PLUS Loans
  • Federal Perkins Loans
  • State Loans
  • College/University Loans
Parent loans packaged to meet need: yes
First-year loan package range: $311 - $45,376
Undergraduate loan package range: $1,125 - $49,215
Percent of undergraduates who have borrowed through all loan programs: 77%
Average student debt upon graduation: $30,414
Types of payment plans:
  • Tuition Management Systems
Need-based scholarships/grants available:
  • need-based (general)
  • Federal Pell Grants
  • SEOG
  • state scholarships/grants
  • college/university scholarships/grants (institutional funds)
  • private scholarships/grants
  • Federal Nursing Scholarships
Non-need-based scholarships/grants available:
  • non-need-based (general)
  • state scholarships/grants
  • academic merit scholarships/grants
  • creative arts/performance
  • athletic scholarships
  • alumni affiliation scholarships/grants.
First-year scholarship/grant award range: $1,000 - $51,085
Undergraduate scholarship/grant award range: $1,000 - $54,608
Percent of scholarship aid awarded to out-of-state students: 23%

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