Monmouth College

www.monmouthcollege.edu

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2022 Undergraduate Tuition

$42,064

2% growth from 2021

2022 Average Net Price

$20,237

After Financial Aid

2020 Default Rate

on Student Loans

2022 Acceptance Rate

90.7%

1,818 Applicants

2022 Enrolled Students

767

97.8% Full-Time

2022 Graduation Rate

56.8%

162 Graduates

About

Monmouth College is a higher education institution located in Warren County, IL. In 2022, the most popular Bachelors Degree concentrations at Monmouth College were General Business Administration & Management (37 degrees awarded), General Psychology (16 degrees), and Kinesiology & Exercise Science (15 degrees).

In 2022, 189 degrees were awarded across all undergraduate and graduate programs at Monmouth College. 59.3% of these degrees were awarded to women, and 40.7% awarded men. The most common race/ethnicity group of degree recipients was white (154 degrees), 19.3 times more than then the next closest race/ethnicity group, black or african american (8 degrees).

The median undergraduate tuition at Monmouth College is $42,064, which is $13,734 more than the national average for Baccalaureate Colleges ($28,330).

In 2020 the default rate for borrower's at Monmouth College was 0%, corresponding to 0 out of the 270 total borrowers.

Baccalaureate Colleges: Arts & Sciences Focus Baccalaureate Colleges

Costs

In 2022, the median undergraduate tuition at Monmouth College is $42,064, which is $13,734 more than the national average for Baccalaureate Colleges ($28,330).

After taking grants and loans into account, the average net price for students is $20,237.

In 2022, 100% of undergraduate students attending Monmouth College received financial aid through grants. Comparatively, 72% of undergraduate students received financial aid through loans.

Tuition Costs

$42,064

2022 Undergraduate Tuition

In 2022, the cost of tuition at Monmouth College was $42,064. The cost of tuition at Monmouth College is $13,734 more than than the overall (public and private) national average for Baccalaureate Colleges ($28,330).

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

Average Net Price

$20,237

2022 Value

12.8%

1 Year Growth

In 2022 Monmouth College had an average net price — the price paid after factoring in grants and loans — of $20,237. Between 2021 and 2022, the average net price of Monmouth College grew by 12.8%.

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.

Other Student Expenses

$8,945

Room and Board

$900

Books and Supplies

The average yearly cost of room and board at Monmouth College was of $8,945 in 2022. The cost of room and board increased by 12.3% between 2021 and 2022.

During the same period, the average yearly cost of books and supplies was $900. The cost of books and supplies increased by InfinityM% during the same period.

This chart compares the average student costs at Monmouth College (in red) with that of similar universities.

Financial Aid by Income Level

100%

Undergraduates Receiving Financial Aid through Grants

72%

Undergraduates Receiving Financial Aid through Loans

100% of undergraduate students at Monmouth College received financial aid through grants or loans in 2022. This represents a growth of 0% with respect to 2021, 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.

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.

2020 Default Rate

Number of Defaults

In 2020 the default rate for borrower's at Monmouth College was 0%, which represents 0 out of the 270 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.

Admissions

Monmouth College received 1,818 undergraduate applications in 2022, which represents a 28% annual growth. Out of those 1,818 applicants, 1,649 students were accepted for enrollment, representing a 90.7% acceptance rate.

There were 767 students enrolled at Monmouth College in 2022. 27% of first-time enrollees submitted SAT scores with their applications.

Monmouth College has an overall enrollment yield of 14%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

90.7%

Acceptance Rate in 2022

1,649

Accepted Out of 1,818

In 2022, the undergraduate acceptance rate of Monmouth College was 90.7% (1,649 admissions from 1,818 applications). This is higher than the acceptance rate of 2021, which was 65.6%. Between 2021 and 2022, the number of applicants declined by 28%, while admissions declined by 0.543%.

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.

SAT Scores

27%

Submission Percentage (2022)

Scores Submitted (2022)

27% of enrolled first-time students at Monmouth College in 2022 submitted SAT scores with their applications.

The following chart shows the average SAT scores for the 25th, 50th, and 75th percentile of applicants for each section of the test that they are evaluated on.

Enrollment

Monmouth College had a total enrollment of 767 students in 2022. The full-time enrollment at Monmouth College is 750 students and the part-time enrollment is 17. This means that 97.8% of students enrolled at Monmouth College are enrolled full-time.

The enrolled student population at Monmouth College, both undergraduate and graduate, is 68.1% White, 11.7% Hispanic or Latino, 8.74% Black or African American, 3.91% Two or More Races, 1.43% Asian, and 0.261% American Indian or Alaska Native.

Students enrolled at Monmouth College in full-time Undergraduate programs are most commonly White Female (36.9%), followed by White Male (31.1%) and Black or African American Male (6.53%).

Full-Time vs Part-Time Enrollment

97.8%

Full-Time Enrollment

The total enrollment at Monmouth College in 2022, both undergraduate and graduate, is 767 students. The full-time enrollment at Monmouth College is 750 and the part-time enrollment is 17. This means that 97.8% of students enrolled at Monmouth College are enrolled full-time compared with 79.6% at similar Baccalaureate Colleges.

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

Retention Rate over Time

77%

2022 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 77%. 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.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)

White
522 enrolled students
Hispanic or Latino
90 enrolled students
Black or African American
67 enrolled students

The enrolled student population at Monmouth College is 68.1% White, 11.7% Hispanic or Latino, 8.74% Black or African American, 3.91% Two or More Races, 1.43% Asian, and 0.261% 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 54.3% White, 13.8% Hispanic or Latino, and 13.1% Black or African American.

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, 26 students (3.39%) did not report their race.

Graduates

In 2022, 35 more women than men received degrees from Monmouth College. The most common race/ethnicity group of degree recipients at Monmouth College is white (154 degrees awarded). There were 19.3 times more white recipients than the next closest race/ethnicity group, black or african american (8 degrees).

The most common Bachelor's Degree concentration at Monmouth College is General Business Administration & Management (37 degrees awarded), followed by General Psychology (16 degrees) and Kinesiology & Exercise Science (15 degrees).

In 2022, 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 (16 degrees awarded), Language & Linguistics (6 degrees), and History (5 degrees).

Common Jobs by Major

Lawyers, & judges, magistrates, & other judicial workers

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 Lawyers, & judges, magistrates, & other judicial workers (489,114 people), Other managers (340,023 people), Elementary & middle school teachers (303,286 people), Postsecondary teachers (218,477 people), and Secondary school teachers (193,917 people).

The most specialized majors at Monmouth College in 2022 are Parks, Recreation, & Leisure (16 degrees awarded), Language & Linguistics (6 degrees), History (5 degrees), English (8 degrees), and Social Sciences (25 degrees) (as of 2022).

Highest Paying Jobs by Major

Diagnostic medical sonographers

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 Diagnostic medical sonographers, Surgeons, Magnetic resonance imaging technologists, Nuclear medicine technologists and medical dosimetrists, and Physicians

The most specialized majors at Monmouth College are Parks, Recreation, & Leisure (16 degrees awarded), Language & Linguistics (6 degrees), History (5 degrees), English (8 degrees), and Social Sciences (25 degrees) (as of 2022).

Common Industries by Major

Elementary & secondary schools

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 (732,378 people), Colleges, universities & professional schools, including junior colleges (480,960 people), Legal services (389,952 people), Computer Systems Design (261,877 people), and General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (235,717 people).

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 (2022)

General Business Administration & Management
37 degrees awarded
General Psychology
16 degrees awarded
Kinesiology & Exercise Science
15 degrees awarded

In 2022, the most common bachelors degree concentration at Monmouth College was General Business Administration & Management with 37 degrees awarded.

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

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2022

112

Degrees Awarded to Women

in 2022

In 2022, 77 degrees were awarded to men at Monmouth College, which is 0.688 times less than the number of degrees awarded to females (112).

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

Most Common Male Majors

In 2022, 23 degrees were awarded to men at Monmouth College in General Business Administration & Management, which is 1.64 times more than the 14 female recipients with that same degree.

Most Common Female Majors

In 2022, 15 degrees were awarded to men at Monmouth College in General Psychology, which is 15 times more than the 1 male recipients with that same degree.

Time to Complete

51%

100% Completion Time

59%

150% Completion Time

In 2022, 51% of students graduating from Monmouth College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 59% completed their degrees within 150% of the normal time, and 59% 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.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

Asian Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2022 at Monmouth College is Male and Asian (100% graduation rate). Across all Baccalaureate Colleges, Asian Female students have the highest graduation rate (73.2%).

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, 3.09% of graduates (5 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)

White
154 degrees awarded
Black or African American
8 degrees awarded
Hispanic or Latino
7 degrees awarded

The most common race/ethnicity at Monmouth College is white (154 degrees awarded). There were 19.3 times more white recipients than the next closest race/ethnicity group, black or african american (8 degrees).

9.52% of degree recipients (18 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2022)

White Female
93 degrees awarded
White Male
61 degrees awarded
Black or African American Male
7 degrees awarded

The most common race/ethnicity and sex grouping at Monmouth College is white female (93 degrees awarded). There were 1.52 times more white female recipients than the next closest race/ethnicity group, white male (61 degrees).

Operations

Monmouth College has an endowment valued at nearly $122M, as of the end of the 2022 fiscal year. The return on its endowment was of −18.2M (−14.9%) compared to the 0.58% average return (286k on 49.3M) across all Baccalaureate Colleges.

In 2022, Monmouth College had a total salary expenditure of 35.5M. Monmouth College employs 22 Professors, 18 Assistant professors and 15 Associate professors. Most academics at Monmouth College are Male Professor (13), Male Associate professor (11), and Female Assistant professor (10).

The most common positions for non-instructional staff at Monmouth College are: Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 30 employees, Office and Administrative Support, with 27 employees, and Service with 21 employees.

Endowment

$122M

2022 Endowment

16.7%

decline from 2021

Monmouth College has an endowment valued at about $122M, as of the end of the 2022 fiscal year. The endowment of Monmouth College declined 16.7% from the previous year. The value of their endowment was $72.6M 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.

Salary Expenditure

$12.8M

2022 Salaries

4.18%

decline from 2021

In 2022, Monmouth College paid a median of $12.8M in salaries, which represents 36.1% of their overall expenditure ($35.5M) and a 4.18% decline from the previous year. This is compared to a 13.2% decline between 2020 and 2021, and a 0.508% growth between 2019 and 2020.

The median for similar Baccalaureate Colleges is 15.7M (37.9% of overall expenditures).

Instructional Salaries

$3.58M

Instructional Salaries

Number of Employees

In 2022, Monmouth College paid a total of $3.58M to 62 employees working as instructors, which represents 28% of all salaries paid.

This is compared to a median of $5.04M (32.1%) for similar Baccalaureate Colleges.

Occupations by Share

Professor

Most Common Instructor

22 Employees

Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media

Most Common Non-Instructional Employee

30 Employees

In 2022, the most common positions for instructional staff at Monmouth College were Professor with 22 employees, Assistant professor with 18 employees, and Associate professor with 15 employees.

In 2022, the most common positions for non-instructional staff at Monmouth College were Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 30 employees, Office and Administrative Support with 27 employees, and Service with 21 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2022)

Male Professor
Male Associate professor
Female Assistant professor

In 2022, the most common demographic for instructional staff at Monmouth College was Male Professor with 13 employees, Male Associate professor with 11 employees, and Female Assistant professor with 10 employees.

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

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