Whether you are new to Monroe or a current student, our Financial Aid Office is here to help you with tuition planning.
With offices in New Rochelle, the Bronx and online, our team of advisors is here to help students and their families navigate the financial aid process. They will help you understand Federal and New York State financial aid opportunities, available scholarships and grants through Monroe, how to complete your FAFSA, and so much more.
Contact us if you have any questions or need assistance: Bronx Campus
King Hall / 646-393-8400 or 646-393-8500
New Rochelle Campus Milavec Hall / 914-740-6849
Paying for Your Education
Our financial aid team is here to help you understand what it will cost to attend Monroe and, equally important, help you map out a realistic, personal financial aid plan(also known as a "financial aid package") to take care of the financial obligation.
Once you’re accepted to a program, we’ll pair you with one of our financial aid counselors who will discuss your situation with you and walk you through your options.
I get to know student families closely so I can really understand their needs.
Luz Goitia
Director, First Year Student Financial Aid
Types of Financial Aid
A variety of aid types make up a typical financial aid package. Chances are, you’ll end up with a mix:
Grants: Money for your education that do not have to be paid back. Most grants are need-based and may be from the Federal and/or New York State government. Monroe Partnership Grants, however, are available from the College to students who are employees of our partner companies and organizations.
Scholarships: Money that’s awarded to you based on your academic, athletic, or other accomplishments, that does not have to be paid back.
Work Study: Money you earn through on-campus employment. The Federal work study program is designed to fit in with your academic workload.
Loans: Federal loans that you’ll pay back over a period of several years. If you’re a dependent student, your parent may also qualify for a Parent Loan, which has to be repaid by your parent.
Affordability
Net Price Calculator
Get a sense of how affordable Monroe can be for you. Our calculator estimates your costs based on the amount of aid you might receive.
Are you a U.S. citizen or permanent resident applying for undergraduate or graduate study? If so, you'll start by completing the Free Application for Federal Student Aid (FAFSA) to take advantage of Federal and New York State student aid options. We’ve created a step-by-step FAFSA guide for you. Your financial aid counselor will help, too.
If you’re a New York State resident who’s been accepted into a Monroe undergraduate program, you may be eligible for state financial aid. New York State awards include:
Need-based grants for full- and part-time study online or on campus
Scholarships and awards to undergraduates who fall within specific categories (for example, active service veterans and their children, and students who plan to pursue careers in certain sectors)
If you’re an employee of one of our 400-plus partner companies and organizations, you’re eligible to receive a grant of up to 20% of your tuition. Corporate Partnership Grants are good for any of our degree programs, both graduate and undergraduate, offered on-campus or online.
Monroe College offers merit scholarships and grants to incoming freshmen and transfer students. You may be eligible if you’ve excelled in high school, in your prior college, or if you have a strong athletic record. Special scholarships are available for students pursuing culinary arts and teaching degrees.
My Financial Aid Library will provide information to help you build your financial knowledge and make you a savvy consumer. You’ll find valuable information about:
Paying for college
Creating a spending plan
Tips for saving money
Setting financial goals
Protecting your identity
Access the links below and start building your financial knowledge.
My iGrad is a customized interactive web tool for personal financial management, student loan advisement, and career guidance. You can access the site through our MyMonroe app. My iGrad is mandatory for all students in internships. Articles and additional tools are available to assist with internship and job searches.
