Receive and review financial aid award letter.
Complete loan applications and entrance counseling.
Support is HereWhether you are navigating the process for the first time or you have had financial aid before, Monmouth’s financial aid counselors are available to assist you and ensure that everything goes smoothly.
Students are encouraged to call 732-571-3463, send an e-mail to firstname.lastname@example.org, or visit the Financial Aid Office in Wilson Hall (Room 108).
The Application Process
Monmouth University uses the Free Application for Federal Student Aid (FAFSA) as its application for all aid programs; no supplementary applications are required. All students may file the FAFSA on the federal government’s Web site at www.fafsa.gov. If you do not intend to file for financial aid, please notify our office.
The FAFSA may be filed as early as October 1 for each year that the student intends to enroll. Monmouth University does not have established deadlines for processing financial aid. The IRS data retrieval process transfers income information directly from the IRS to the FAFSA, further streamlining your application, and possibly reducing or eliminating the amount of additional documentation required.
Eligibility for federal student aid is based on several factors. The most basic eligibility requirements to receive federal student aid are that a student must:
- Be a U.S. citizen or eligible noncitizen.
- Have a valid Social Security number.
- Be registered with Selective Service (males between the ages of 18 and 25). Registration may be completed through the FAFSA, online at www.sss.gov, or by phone at 847-688-6888.
- Maintain satisfactory academic progress at Monmouth University.
- Be working toward a degree or certificate in an eligible program.
- Not be in default on a federal student loan and not owe money on a federal student grant.
- Certify that federal student aid will be used only for educational purposes.
- Not be convicted of the possession or sale of illegal drugs.
The FAFSA is completed using the student’s federal income tax return and, when applicable, returns filed for the student’s spouse, and should also include Monmouth University’s Title IV school code (002616). Students are encouraged to retain a copy of the online submission confirmation page for their records.
Once the application data is received, the Financial Aid Office will create an individualized financial aid package for the student. This package will be communicated to the student via the Financial Aid award letter. Students should review the award letter carefully and submit any changes. (Note that all graduate students will be offered the annual maximum Direct Unsubsidized Loan eligibility of $20,500 and absent a returned award letter, it is assumed that the student has accepted that offer.)
For students who have accepted the offer of a Direct Unsubsidized Loan, the Financial Aid Office will generate a promissory note. Instructions for completing the promissory note will be mailed under separate cover.