Grants and Scholarships
Monmouth University established the Graduate Scholarship program to provide assistance to students who have demonstrated outstanding academic achievement. Partial-tuition scholarships are awarded by the Office of Graduate Admission and are made on the basis of the student’s cumulative grade point average; master's degree candidates will be awarded on the basis of the undergraduate graduate grade point average, while beginning in Fall 2017 doctoral degree candidates will be awarded on the basis of their master's degree cumulative grade point average. Award amounts vary as a function of the student’s cumulative grade point average and the number of registered credits each term. International candidates’ grade point averages are converted to the American grading system. All applicants for admission are automatically evaluated for scholarship eligibility; the student need not complete a separate application. Awards are not made in combination with the following forms of assistance: tuition remission or exchange, Second Master’s Scholarships, Math/Science Educator Scholarships, and senior citizen tuition discounts. However, the Graduate Scholarship may be combined with graduate assistantships and employer tuition reimbursement; as long as the value of the combined awards does not exceed the amount of tuition and fees (fees do not include books) assessed to the student's account. Scholarships are renewable throughout the duration of the student’s enrollment, as long as the student maintains a minimum cumulative grade point average of at least 3.00. Graduate scholarships are available during the regular academic year (i.e., fall and spring semesters) and in the summer term(s) provided the student enrolls in a total of at least six credits during the course of the summer.
Second Master’s Scholarship
Partial-tuition scholarships are available to students who have completed a master’s degree program at Monmouth University and who return to the University to matriculate for a second master’s degree or graduate-level certificate.
Award amounts vary as a function of tuition and the number of credits for which a student enrolls. Scholarships are available during the fall, spring, and summer terms. All applicants for admission are automatically evaluated for scholarship eligibility; the student need not complete a separate scholarship application. Scholarships are renewable throughout the duration of the student’s enrollment, provided that the student maintains a minimum grade point average of at least 3.00.
Awards are not made in combination with the following forms of assistance: tuition remission, Math/Science Educator Scholarships, Graduate Scholarships and senior citizen tuition discounts. However, the Second Master’s Scholarship may be combined with a graduate assistantship and / or employer tuition reimbursement, as long as the value of the combined award does not exceed the amount of tuition and fees (fees do not include books) assessed to the student's account.
Math/Science Educator Scholarship
The University is committed to providing support for graduate degree candidates who intend to become teachers of math and science. Graduate students who hold a teaching certificate in any subject area may take course work toward an additional certification in math and/or science and qualify for a scholarship. Those who do not hold a teaching certificate, but who are interested in pursuing certification in math and/or science, are also eligible. However, in addition to the subject- area courses, the student must also complete the Master of Arts in Teaching (MAT) program.
Award amounts vary as a function of tuition and the number of credits for which a student enrolls. Scholarships are available during the fall, spring, and summer terms. All applicants for admission are automatically evaluated for scholarship eligibility; the student need not complete a separate application. Scholarships are renewable throughout the duration of the student’s enrollment, provided that the student maintains a minimum grade point average of at least 3.00.
Awards are not made in combination with the following forms of assistance: tuition remission, Second Master’s Scholarships, Graduate Scholarships and senior citizen tuition discounts. However, the Math/Science Educators Scholarship may be combined with a graduate assistantship and / or employer tuition reimbursement, as long as the value of the combined award does not exceed the amount of tuition and fees (fees do not include books) assessed to the student's account.
Yellow Ribbon Grant
Monmouth University has voluntarily entered into a Yellow Ribbon Agreement with the Department of Veterans Affairs (VA). The agreement is completed on an annual basis and includes the maximum number of students to be funded, the academic level of the students to be funded, and the maximum contribution by the University. The University’s contribution is matched by the VA. Students must be 100% eligible for Post 9/11 benefits to qualify for the Yellow Ribbon program. All interested students must complete the University’s online Yellow Ribbon Application. A Certificate of Eligibility and DD-214 are required from all students at least two weeks prior to the start of their first semester. At present, the University provides funding for a total of forty (40) students, who may be either undergraduate or graduate students. Awards are made on a first come, first served basis and students are notified of their eligibility through a financial aid award letter. Students serving on active duty are not eligible for the Yellow Ribbon Program. Students in the Yellow Ribbon Program are not eligible for other institutional grants or scholarships. For students attending a full academic year, Yellow Ribbon benefits are generally awarded in the spring semester after the Post 9/11 benefits have been exhausted. Awards are renewable, provided that the student remains enrolled as a full-time student, continues to meet the eligibility criteria specified by the VA, and meets the standards of Satisfactory Academic Progress for federal awards.
Five Year Program Award
One-time awards of up to $3,000 are made to Monmouth University graduates who complete the baccalaureate degree and immediately start the master’s degree program. Students must be full time graduate students (nine credits or more per semester) and be admitted to a graduate program as a five year participant; the Office of Graduate Admission will advise the Financial Aid Office of eligible recipients, as there is no separate application process. Students may receive this award in addition to the Graduate Scholarship or a graduate assistantship, but the total of all institutional aid (e.g., scholarship, five year award, and assistantship) cannot exceed tuition and fees; the award may not be made in conjunction with tuition remission. If the student has an assistantship during the academic year that covers all tuition and fee charges, then student may use the five year award for summer course work, as long as the total dollar value of the award does not exceed $3,000 in the fiscal year.
The Department of Athletics offers a limited number of grants-in-aid, frequently called athletics scholarships, to student-athletes who are graduate students and who have remaining eligibility as per National Collegiate Athletic Association (NCAA) bylaws. These grants-in-aid are offered and renewed at the discretion of the head coach with the consent and approval of the Director of Athletics and the Director of Financial Aid, within the guidelines prescribed by Monmouth University and the NCAA. Grants-in-aid are made for the academic year; funding for summer course work is awarded at the discretion of the Director of Athletics. Graduate student athletes who receive an athletics scholarship must complete a Grant-In-Aid agreement, as prepared by the Department of Athletics. Student athletes are expected to fulfill their responsibilities for classroom attendance and completion of academic assignments or risk cancellation of their athletics aid.
Federal TEACH Grant
Through the College Cost Reduction and Access Act of 2007, Congress created the Teacher Education Assistance for College and Higher Education (TEACH) Grant program that provides grants of up to $4,000 per year (including the summer term) to students who intend to teach in a public or private elementary or secondary school that serves students from low-income families. Students may receive a maximum of $8,000 in TEACH Grants for graduate studies. In exchange for receiving a TEACH Grant, the student must agree to serve as a full-time teacher in a high-need field (e.g., bilingual education and English language acquisition, foreign language, mathematics, reading specialist, science, special education, or other identified teacher shortage areas) in a public or private elementary or secondary school that serves low-income students. As a recipient of a TEACH Grant, the student must teach for at least four academic years within eight calendar years of completing the program of study for which the TEACH grant was awarded.
IMPORTANT: If the student fails to complete this service obligation, all TEACH Grants will be converted to a federal Direct Unsubsidized Loan, which must be repaid to the U.S. Department of Education. The student will be charged interest from the date the grant(s) was disbursed.
Note: TEACH Grant recipients will be given a six-month grace period prior to entering repayment if a TEACH Grant is converted to a Direct Unsubsidized Loan.
To receive a TEACH Grant the student must meet the following criteria:
- Complete the Free Application for Federal Student Aid (FAFSA), although you do not have to demonstrate financial need;
- Be a U.S. citizen or eligible non-citizen;
- Be enrolled as a graduate student in a postsecondary educational institution that has chosen to participate in the TEACH Grant program;
- Be enrolled in course work that is necessary to begin a career in teaching or plan to complete such course work. Such course work may include subject-area courses (e.g., math courses for a student who intends to be a math teacher);
- Meet certain academic achievement requirements (generally, scoring above the 75th percentile on a college admissions test or maintaining a cumulative grade point average of at least 3.25);
- Sign a TEACH Grant Agreement to Serve and complete an entrance counseling session.
Educational Opportunity Fund (EOF) Grant
The EOF program, funded by the state of New Jersey, is designed to provide access to graduate education for students who participated in the EOF program at the undergraduate level. Funding is, however, limited. Students who believe they might qualify are encouraged to contact the University’s EOF Office at 732-571-3462.
Graduate Endowed Scholarships
The University offers a small number of sponsored and endowed scholarships to graduate students, which have been made possible through the generosity of friends of the University. All enrolled students receive consideration for these awards, and there is no student-initiated application process. The Financial Aid Office, except where stipulated by the donor, will select the candidate that most closely matches the donor-established criteria. (Note that students in the MSN program must complete the FAFSA and a scholarship application available from the School of Nursing and Health Studies. Scholarship recipients will be selected by the faculty of the School.) Scholarship recipients will be notified via the financial aid award letter.