Merit scholarships are automatically offered upon the completion of application to the college. Competitive scholarships in the areas of fine arts, sustainability, Presbyterian, and Latin are determined by an application process in January or February annually. Need-based financial aid is determined by the student filing the FAFSA federal form. These students are encouraged to file this form in January although later filing is accepted. The college maintains a staff of experts who aid students and parents in working through these processes in order to build the best possible financial package. Outside scholarships are accepted with no reduction in Monmouth College aid or scholarships.