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Financial Aid

Monroe Community College

Average Grant & Scholarships

In 2022, 74 of freshman students at Monroe Community College received on average $7,274 in grant and scholarships from the college, the state and/or the federal government. Below is detail stats of the aid provided to full-time, freshman students.

$7,274

	Students Receiving Aid		Average Amount	Total Amount
Pell Grant	858	54%	$5,099	$4,374,599
Other Federal Grant	863	54%	$6,114	$5,276,246
State Grant/Scholarships	1,100	69%	$2,576	$2,833,217
Institutional Grant/Scholarships	315	20%	$1,597	$503,048
Total Grant & Scholarships	1,184	74%	$7,274	$8,612,511

Average Student Loans

In 2022, 28% of freshman students at Monroe Community College received $3,695 (average) in federal student loan. Below is detail stats of all the loans provided to full-time, freshman students.

$3,695

	Students Receiving Loan		Average Amount	Total Amount
Federal Student Loans	443	28%	$3,695	$1,636,821
Private Loans	16	1%	$7,152	$114,434
Total Loans	448	28%	$3,909	$1,751,255

Financial Aid By Income Level

Financial aid breakdown by students family income level. The data is organized by income level group starting from families making below $30k to above $110k.

Financial Aid by Income Level - Monroe Community College - Family Income: $30,001 to $48,000 - Trends Chart

Financial Aid by Income Level - Monroe Community College - Family Income: $48,001 to $75,000 - Trends Chart

Financial Aid by Income Level - Monroe Community College - Family Income: $75,001 to $110,000 - Trends Chart

Financial Aid by Income Level - Monroe Community College - Family Income: over $110,000 - Trends Chart

Yellow Ribbon Program

Yellow Ribbon Program is a voluntary program through which participating public and private institutions can provide veterans and eligible beneficiaries additional institutional aid to cover the costs of tuition and fees at their institutions. The Yellow Ribbon Program is a supplementary program to the Post 9/11 GI Bill coverage of in-state tuition and fees. The Department of Veterans Affairs matches the institutional aid provided beyond the in-state tuition and fees, but to certain limit each year.

$1,331

Average aid amount

2022

Monroe Community College - Yellow Ribbon Financial Aid - Trends Chart

Post-9/11 GI Bill

Post 9/11 GI Bill is a federal education benefit program for veterans, who served on active duty after September 10, 2001. This Department of Veteran Affairs benefit provides up to 36 months of education benefits at an approved institution for the following college costs: tuition and fees, books and supplies and housing. The tuition and fees payment, which is the cost for an in-state student attending a public institution, is made directly to the post-secondary institution whereas payments for books and supplies and housing are sent directly to the student.

$3,799

Average aid amount

2022

Monroe Community College - Post 9/11 GI Bill Financial Aid - Trends Chart

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