Monmouth College

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2021 Undergraduate Tuition
$41,240
0.218% growth from 2020
2021 Average Net Price
$17,935
After Financial Aid
2019 Student Loan
0.58%
Default Rate
2021 Acceptance Rate
65.6%
2,526 Applicants
2021 Enrolled Students
755
99.3% Full-Time
2021 Graduation Rate
55.2%
149 Graduates

About

Monmouth College is a higher education institution located in Warren County, IL. In 2021, the most popular Bachelors Degree concentrations at Monmouth College were General Business Administration & Management (38 degrees awarded), Kinesiology & Exercise Science (28 degrees), and General Psychology (19 degrees).

In 2021, 242 degrees were awarded across all undergraduate and graduate programs at Monmouth College. 50.8% of these degrees were awarded to women, and 49.2% awarded men. The most common race/ethnicity group of degree recipients was white (167 degrees), 9.82 times more than then the next closest race/ethnicity group, black or african american (17 degrees).

The median undergraduate tuition at Monmouth College is $41,240, which is $12,735 more than the national average for Baccalaureate Colleges ($28,505).

dollarCosts

In 2021, the median undergraduate tuition at Monmouth College is $41,240, which is $12,735 more than the national average for Baccalaureate Colleges ($28,505).

After taking grants and loans into account, the average net price for students is $17,935.

In 2021, 100% of undergraduate students attending Monmouth College received financial aid through grants. Comparatively, 70% of undergraduate students received financial aid through loans.

Tuition Costs

$41,240
2021 Undergraduate Tuition

In 2021, the cost of tuition at Monmouth College was $41,240. The cost of tuition at Monmouth College is $12,735 more than than the overall (public and private) national average for Baccalaureate Colleges ($28,505).

This chart compares the tuition costs of Monmouth College (in red) with those of other similar universities.

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Average Net Price

$17,935
2021 Value
4.01%
1 Year Growth

In 2021 Monmouth College had an average net price — the price paid after factoring in grants and loans — of $17,935. Between 2020 and 2021, the average net price of Monmouth College grew by 4.01%.

This chart compares the average net price of Monmouth College (in red) with that of other similar universities.

Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

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Other Student Expenses

$7,965
Room and Board

The average yearly cost of room and board at Monmouth College was of $7,965 in 2021. The cost of room and board increased by 4.6% between 2020 and 2021.

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Financial Aid by Income Level

100%
Undergraduates Receiving Financial Aid through Grants
70%
Undergraduates Receiving Financial Aid through Loans

100% of undergraduate students at Monmouth College received financial aid through grants or loans in 2021. This represents a growth of 0% with respect to 2020, when 100% of undergraduate students received financial aid.

This chart compares the average award discount at Monmouth College (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

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Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.
0.58%
2019 Default Rate
2
Number of Defaults

In 2019 the default rate for borrower's at Monmouth College was 0.58%, which represents 2 out of the 345 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

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predictive-analysisAdmissions

Monmouth College received 2,526 undergraduate applications in 2021, which represents a 5.14% annual growth. Out of those 2,526 applicants, 1,658 students were accepted for enrollment, representing a 65.6% acceptance rate.

There were 755 students enrolled at Monmouth College in 2021. 19% of first-time enrollees submitted SAT scores with their applications.

Monmouth College has an overall enrollment yield of 10.8%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

65.6%
Acceptance Rate in 2021
1,658
Accepted Out of 2,526

In 2021, the undergraduate acceptance rate of Monmouth College was 65.6% (1,658 admissions from 2,526 applications). This is lower than the acceptance rate of 2020, which was 69.4%. Between 2020 and 2021, the number of applicants grew by 5.14%, while admissions declined by −10.3%..

This chart compares the acceptance rate of Monmouth College (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

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SAT Scores

19%
Submission Percentage (2021)
34
Scores Submitted (2021)

19% of enrolled first-time students at Monmouth College in 2021 submitted SAT scores with their applications.

This chart shows the SAT scores for the 25th and 75th percentile of applicants broken out into each section of the test that their are evaluated on.

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bookEnrollment

Monmouth College had a total enrollment of 755 students in 2021. The full-time enrollment at Monmouth College is 750 students and the part-time enrollment is 5. This means that 99.3% of students enrolled at Monmouth College are enrolled full-time.

The enrolled student population at Monmouth College, both undergraduate and graduate, is 68.6% White, 12.7% Hispanic or Latino, 8.48% Black or African American, 3.31% Two or More Races, 0.795% Asian, and 0.53% American Indian or Alaska Native.

Students enrolled at Monmouth College in full-time Undergraduate programs are most commonly White Female (38.8%), followed by White Male (30.1%) and Black or African American Male (6.4%).

Full-Time vs Part-Time Enrollment

99.3%
Full-Time Enrollment

The total enrollment at Monmouth College in 2021, both undergraduate and graduate, is 755 students. The full-time enrollment at Monmouth College is 750 and the part-time enrollment is 5. This means that 99.3% of students enrolled at Monmouth College are enrolled full-time compared with 79.9% at similar Baccalaureate Colleges.

This chart shows the full-time vs part-time enrollment status at Monmouth College (in red) compares to similar universities.

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Retention Rate over Time

73%
2021 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at Monmouth College was 73%. Compared with the full-time retention rate at similar Baccalaureate Colleges (72%), Monmouth College had a retention rate higher than its peers.

This chart shows the retention rate over time at Monmouth College (highlighted in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2021)
  1. White
    518 enrolled students
  2. Hispanic or Latino
    96 enrolled students
  3. Black or African American
    64 enrolled students

The enrolled student population at Monmouth College is 68.6% White, 12.7% Hispanic or Latino, 8.48% Black or African American, 3.31% Two or More Races, 0.795% Asian, and 0.53% American Indian or Alaska Native. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Baccalaureate Colleges is 55% White, 13.5% Black or African American, and 13.4% Hispanic or Latino.

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 29 students (3.84%) did not report their race.

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learningGraduates

In 2021, 4 more women than men received degrees from Monmouth College. The most common race/ethnicity group of degree recipients at Monmouth College is white (167 degrees awarded). There were 9.82 times more white recipients than the next closest race/ethnicity group, black or african american (17 degrees).

The most common Bachelor's Degree concentration at Monmouth College is General Business Administration & Management (38 degrees awarded), followed by Kinesiology & Exercise Science (28 degrees) and General Psychology (19 degrees).

In 2021,  the most specialized majors across all degree types at Monmouth College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Parks, Recreation, & Leisure (31 degrees awarded), Physical Sciences (19 degrees), and Language & Linguistics (8 degrees).

Common Jobs by Major

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Monmouth College are Postsecondary teachers (186,190 people), Elementary & middle school teachers (173,671 people), Other managers (164,658 people), Secondary school teachers (141,640 people), and Lawyers, & judges, magistrates, & other judicial workers (133,220 people).

The most specialized majors at Monmouth College in 2021 are Parks, Recreation, & Leisure (31 degrees awarded), Physical Sciences (19 degrees), Language & Linguistics (8 degrees), History (6 degrees), and Math & Statistics (8 degrees) (as of 2021).

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Highest Paying Jobs by Major

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Monmouth College are Surgeons, Diagnostic medical sonographers, Magnetic resonance imaging technologists, Physicians, and Securities, commodities, & financial services sales agents

The most specialized majors at Monmouth College are Parks, Recreation, & Leisure (31 degrees awarded), Physical Sciences (19 degrees), Language & Linguistics (8 degrees), History (6 degrees), and Math & Statistics (8 degrees) (as of 2021).

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Common Industries by Major

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Monmouth College are Elementary & secondary schools (416,447 people), Colleges, universities & professional schools, including junior colleges (346,275 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (176,967 people), Computer Systems Design (166,159 people), and Legal services (105,443 people).

The most specialized majors at Monmouth College are Parks, Recreation, & Leisure (31 degrees awarded), Physical Sciences (19 degrees), Language & Linguistics (8 degrees), History (6 degrees), and Math & Statistics (8 degrees) (as of 2021).

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Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Monmouth College.
Most Common (2021)
  1. 38 degree-majors awarded
  2. 28 degree-majors awarded
  3. 19 degree-majors awarded

In 2021, the most common bachelors degree concentration at Monmouth College was General Business Administration & Management with 38 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at Monmouth College according to their major.

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Sex Breakdown for Common Majors

119
Degrees Awarded to Men
in 2021
123
Degrees Awarded to Women
in 2021

In 2021, 119 degrees were awarded to men at Monmouth College, which is 0.967 times less than the number of degrees awarded to females (123).

This chart displays the sex disparity between the top 5 majors at Monmouth College by degrees awarded.

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Most Common Male Majors

In 2021, 24 degrees were awarded to men at Monmouth College in General Business Administration & Management, which is 1.71 times more than the 14 female recipients with that same degree.

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Most Common Female Majors

In 2021, 17 degrees were awarded to men at Monmouth College in General Psychology, which is 8.5 times more than the 2 male recipients with that same degree.

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Time to Complete

54%
100% Completion Time
62%
150% Completion Time

In 2021, 54% of students graduating from Monmouth College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 62% completed their degrees within 150% of the normal time, and 63% within 200%.

The following chart shows these completion rates over time compared to the average for the Baccalaureate Colleges Carnegie Classification group.

Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

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Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.
White Female
Highest Graduation Rate (71.1%)

The student demographic with the highest graduation rate in 2021 at Monmouth College is Female and White (71.1% graduation rate). Across all Baccalaureate Colleges, Asian Female students have the highest graduation rate (72.9%).

The department of education defines graduation rate as the percentage of full-time, first-time students who received a degree or award within 150% of "normal time" to completion.

The National Center for Education Statistics (NCES) categorizes any student who is studying in the United States on a temporary basis as a "Non-Resident Alien", and the graduation rate of those students is shown in the chart below. Additionally, 4.7% of graduates (7 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2021)
  1. White
    167 degrees awarded
  2. Black or African American
    17 degrees awarded
  3. Hispanic or Latino
    16 degrees awarded

The most common race/ethnicity at Monmouth College is white (167 degrees awarded). There were 9.82 times more white recipients than the next closest race/ethnicity group, black or african american (17 degrees).

12% of degree recipients (29 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2021)
  1. White Female
    86 degrees awarded
  2. White Male
    81 degrees awarded
  3. Black or African American Male
    12 degrees awarded

The most common race/ethnicity and sex grouping at Monmouth College is white female (86 degrees awarded). There were 1.06 times more white female recipients than the next closest race/ethnicity group, white male (81 degrees).

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briefcaseOperations

Monmouth College has an endowment valued at nearly $146M, as of the end of the 2021 fiscal year. The return on its endowment was of 34.9M (23.9%) compared to the 17.4% average return (9.13M on 52.4M) across all Baccalaureate Colleges.

In 2021, Monmouth College had a total salary expenditure of 33.5M. Monmouth College employs 26 Professors, 25 Assistant professors and 18 Associate professors. Most academics at Monmouth College are Male Professor (14), Female Assistant professor (13), and Female Professor (12).

The most common positions for non-instructional staff at Monmouth College are: Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 34 employees, Service, with 20 employees, and Office and Administrative Support with 20 employees.

Endowment

$146M
2021 Endowment
27.5%
growth from 2020

Monmouth College has an endowment valued at about $146M, as of the end of the 2021 fiscal year. The endowment of Monmouth College grew 27.5% from the previous year. The value of their endowment was $93.9M higher than than the median endowment of Baccalaureate Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Monmouth College (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Baccalaureate Colleges: Arts & Sciences Focus Carnegie Classification grouping.

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Salary Expenditure

$13.4M
2021 Salaries
13.2%
decline from 2020

In 2021, Monmouth College paid a median of $13.4M in salaries, which represents 39.9% of their overall expenditure ($33.5M) and a 13.2% decline from the previous year.

The median for similar Baccalaureate Colleges is 15.1M (38.9% of overall expenditures).

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Instructional Salaries

$4.59M
Instructional Salaries
75
Number of Employees

In 2021, Monmouth College paid a total of $4.59M to 75 employees working as instructors, which represents 34.3% of all salaries paid.

This is compared to a median of $4.92M (32.5%) for similar Baccalaureate Colleges.

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Occupations by Share

Professor
Most Common Instructor
26 Employees
Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media
Most Common Non-Instructional Employee
34 Employees

In 2021, the most common positions for instructional staff at Monmouth College were Professor with 26 employees, Assistant professor with 25 employees, and Associate professor with 18 employees.

In 2021, the most common positions for non-instructional staff at Monmouth College were Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 34 employees, Service with 20 employees, and Office and Administrative Support with 20 employees.

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Instructors by Academic Rank and Sex

Most Common Demographic (2021)
  1. Male Professor
  2. Female Assistant professor
  3. Female Professor

In 2021, the most common demographic for instructional staff at Monmouth College was Male Professor with 14 employees, Female Assistant professor with 13 employees, and Female Professor with 12 employees.

This chart shows the sex split between each academic rank present at Monmouth College.

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