Undergraduate Financial Aid by Type

The average amount of grants of scholarship aid is $9,388 and the average loan amount is $6,191. The average financial aid amount is 30.49% of tuition & fees based on out-of-state rate (tuition & fees: $30,790).
Number Receiving AidPercent Receiving AidTotal Amount of Aid ReceivedAverage Amount of Aid Received
Grant or scholarship aid7,057 35%$66,251,314$9,388
Pell Grants2,863 14%$13,767,974$4,809
Federal Students Loans6,037 30%$37,372,485$6,191

Undergraduate Student Financial Aid Comparison Chart

First-time (full-time) Undergraduate Students Financial Aid

For the full-time, first-time undergraduate students (freshmen, in most cases), 1,577 students have received one or more types of financial aid at James Madison University.
The average amount of federal, state, local or institutional grant aid is $10,081 and the average amount of student loans awarded to full-time first-time undergraduate students is $9,063.
The following table shows the financial data by type of aid at James Madison University.

First-time Undergraduate Financial Aid by Type

Number Receiving AidPercent Receiving AidTotal Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid2,77058%--
Grant or scholarship aid1,577 33%$15,898,024$10,081
Federal Grants699 15%$3,455,723$4,944
Pell Grants691 15%$3,233,849$4,680
Other Federal Grants214 4%$221,874$1,037
State/Local Grants581 12%$2,802,294$4,823
Institutional Grants1,272 27%$9,640,007$7,579
Student Loans1,677 35%$15,198,267$9,063
Federal Student Loans1,559 33%$8,157,046$5,232
Other Student Loans354 7%$7,041,221$19,890

Financial Aid by Income Level

The following table summarizes the number of schools receiving financial aid and its average amount by income levels at James Madison University.
Income Level# of Students# of Students Receiving AidTotal Amount of Aid ReceivedAverage Amount of Aid Received
All Income Level--$10,215,909$6,578
0 - $30,000231 230$3,666,712$15,873
$30,001 - $48,000149 149$2,237,270$15,015
$48,001 - $75,000253 244$2,643,113$10,447
$75,001 - $110,000233 149$1,018,380$4,371
$110,001 - more687 125$650,434$947

Paid Tuition Rates by Residency

At James Madison University, for the first-time/full-time students, 3,754 students have paid in-state rate of tuition and 1,008 students have paid out-of-state tuition rate.
# of Students
In-District Rate0
In-State Rate3,754
Out-of-State Rate1,008
Un-known0

Number of Students by Living Arrangement (Freshmen)

At James Madison University, 1,071 full-time/first-time students live on-campus such as dormitory and campus-owned apartments, and 12 students live off-campus. In addition, 36 students live with their family.
# of Students
Living On-Campus1,071
Living Off-Campus12
Living with Family36
Un-known54