Grants
In addition to scholarships and loans, filing the FAFSA may qualify eligible students to receive grant funding based on financial need.
Monmouth College Grants
Need-based grants
In addition to the state or federally funded grant programs, Monmouth offers millions of dollars of grant funding to our students each year. The amount of the grants vary from student to student and are based on a student’s entire academic and financial profile. Currently, 99% of our students receive grants and/or scholarships from the College. Monmouth grants are available to all students, including those not eligible for federal financial aid.
FAFSA Filer Grant
The FAFSA Filer Grant is for new first-time freshmen or transfer students enrolling in Fall 2024 or later who are eligible to complete the Free Application for Federal Student Aid (FAFSA). Illinois residents who are non-citizens may elect to file the ISAC Alternative Application instead of the FAFSA to qualify for the Filer Grant instead.
Admitted students that file their FAFSA and enroll at Monmouth College will receive a FAFSA Filer Grant of up to $2000 ($500 per year, renewable up to 4 years**).
How do I receive the Grant?
- Apply for Monmouth College Admission
- Submit the Free Application for Federal Student Aid and send the results to Monmouth College (FAFSA Code 001725)
- To renew, you must file the FAFSA each year.
No separate application for the grant is necessary – upon admission to Monmouth College and receipt of the results of the FAFSA*, the FAFSA Filer Grant will be included in your financial aid award.
*Any additional requests for information or documentation from the Office of Student Financial Planning must be completed to receive a financial aid award.
**Students enrolling beyond 4 years may continue to receive the FAFSA Filer Grant as long as the FAFSA is filed, and the students meets eligibility requirements.
Campus Visit Grant
The Campus Visit Grant is for for new, domestic, first-time freshmen or transfer students enrolling in Fall 2024 or later. Students who visit Monmouth College may be eligible for a Campus Visit Grant of up to $2000 ($500 per year, renewable up to 4 years).
How do I receive the Grant?
- Schedule and attend an official on-campus visit directly with the Office of Admission (academic department visits or auditions scheduled through the Office of Admission or Fine Arts Department will qualify) or Athletics.
- Apply for Monmouth College Admission
- High school students should visit by May 1 of senior year.
- Transfer students should visit by August 15 for fall enrollment and December 15 for spring enrollment.
No separate application for the grant is necessary – upon admission to Monmouth College and record of the campus visit, the Campus Visit Grant will be included in your financial aid award.
*Unscheduled visits, off-campus interviews, receptions, meetings or attending other off-campus events are not eligible for the grant.
Federal Pell Grant
Pell Grants are awarded to undergraduate students who have not earned a bachelor’s or a professional degree. Pell Grants are considered a foundation of federal financial aid, to which aid from other federal and nonfederal sources might be added.
The maximum Pell Grant award for the 2023-2024 award year (July 1, 2023, to June 30, 2024) is $7,395. The maximum changes each award year and depends on program funding. The amount you receive, though, will depend not only on your financial need calculated by filing the (FAFSA) Free Application for Federal Student Aid, but also on your costs to attend school, your status as a full-time or part-time student, and your plans to attend school for a full academic year or less.
Approximately 40% of Monmouth students qualify for and receive funding through the Federal Pell Grant.
Federal SEOG Grant
The Federal Supplemental Educational Opportunity Grant (FSEOG) program is for undergraduates with exceptional financial need. Pell Grant recipients with the lowest expected family contributions (EFCs) will be considered first for a FSEOG. Both full-time and part-time students can be considered.
Federal TEACH Grant
TEACH Grants are awarded to eligible students annually. Please go to studentaid.gov to complete the TEACH grant counseling and the Agreement to Serve (ATS).
In exchange for receiving a TEACH Grant, a student must agree to serve as a full-time teacher in a high-need field in a public or private elementary or secondary school that serves low-income students and must teach for at least four academic years within eight calendar years of completing the program of study for which you received a TEACH Grant. IMPORTANT: If a student fails to complete this service obligation, all amounts of TEACH Grants that you received will be converted to a Federal Direct Unsubsidized Loan. For more detailed information, please visit: TEACH Grant Program
State of Illinois (MAP) Monetary Award Program Grant
The Monetary Award Program (MAP) provides grants to Illinois residents who attend approved Illinois colleges and demonstrate financial need, based on the information provided on the Free Application for Federal Student Aid (FAFSA). You are not required to submit high school grades or test scores when applying for a MAP grant.
Approximately 35% of Monmouth students qualify for and receive funding through the Illinois MAP Grant program. Currently, the maximum annual Illinois MAP Grant is $8,400.
State of Illinois RISE Act
The Retention of Illinois Students and Equity (RISE) Act allows eligible undocumented and transgendered students who are disqualified from federal financial aid to apply for and receive MAP grant funding to attend college in Illinois. Qualified students should complete the Alternative Application for Illinois Financial Aid.