Monmouth University

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2017 Undergraduate Tuition

$36,032

3.95% growth from 2016

2017 Average Net Price

$31,300

After Financial Aid

2016 Student Loan

3.83%

Default Rate

2017 Acceptance Rate

73.9%

9,261 Applicants

2017 Enrolled Students

6,340

81.3% Full-Time

2017 Graduation Rate

70.4%

665 Graduates

About

Monmouth University is a higher education institution located in Monmouth County, NJ. In 2016, the most popular Bachelor's Degree concentrations at Monmouth University were General Business Administration & Management (304 degrees awarded), Speech Communication & Rhetoric (121 degrees), and General Education (88 degrees).

In 2017, 1,808 degrees were awarded across all undergraduate and graduate programs at Monmouth University. 65.1% of these degrees were awarded to women, and 34.9% awarded men. The majority of degree recipients were white (1,312 degrees), 8.63 times more than then the next closest race/ethnicity group, hispanic or latino (152 degrees).

The median undergraduate tuition at Monmouth University is $36,032, which is $15,299 more than the national average for Masters Colleges and Universities ($20,733).

Costs

The median undergraduate tuition at Monmouth University is $36,032, which is $15,299 more than the national average for Masters Colleges and Universities ($20,733).

After taking grants and loans into account, the average net price for students is $31,300.

In 2017, 95% of undergraduate students received federal grants, while 66% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$36,032

2017 Undergraduate Tuition

In 2017, the cost of tuition at Monmouth University was $36,032. The cost of tuition at Monmouth University is $15,299 more than than the overall (public and private) national average for Masters Colleges and Universities ($20,733).

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

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Average Net Price

$31,300

2017 Value

5.66%

1 Year Growth

In 2017 Monmouth University had an average net price — the price paid after factoring in grants and loans — of $31,300. Between 2016 and 2017, the average net price of Monmouth University grew by 5.66%.

This chart compares the average net price of Monmouth University (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

$10,954

Room and Board

$1,234

Books and Supplies

The average yearly cost of room and board at Monmouth University was of $10,954 in 2017. During the same period, the average yearly cost of books and supplies was $1,234. The cost of room and board increased by 2.24% between 2016 and 2017. The cost of books and supplies increased by 4.22% during the same period.

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

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Financial Aid

Financial Aid by Income Level

95%

Of Undergraduates Receive Grants

66%

Of Undergraduates Receive Federal Loans

95% of undergraduate students at Monmouth University received grants or loans in 2017. This represents a decline of 1.04% with respect to 2016, when 96% of undergraduate students received financial aid.

This chart compares the average award discount at Monmouth University (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.

3.83%

2016 Default Rate

61

Number of Defaults

In 2016 the default rate for borrower's at Monmouth University was 3.83%, which represents 61 out of the 1594 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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Admissions

Monmouth University received 9,261 undergraduate applications in 2017, which represents a 1.8% annual growth. Out of those 9,261 applicants, 6,848 students were accepted for enrollment, representing a 73.9% acceptance rate.

There were 6,340 students enrolled at Monmouth University in 2017, and 81% of first-time enrollees submitted SAT scores with their applications.

Monmouth University has an overall enrollment yield of 15.8%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

73.9%

Acceptance Rate in 2017

6,848

Accepted Out of 9,261

In 2017, the undergraduate acceptance rate of Monmouth University was 73.9% (6,848 admissions from 9,261 applications). This is lower than the acceptance rate of 2016, which was 77.3%. Between 2016 and 2017, the number of applicants grew by 1.8%, while admissions declined by -2.6%.

This chart compares the acceptance rate of Monmouth University (in red) with that of other similar universities.

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SAT Scores

81%

Submission Percentage

881

Scores Submitted

81% of enrolled first-time students at Monmouth University in 2017 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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Enrollment

Monmouth University has a total enrollment of 6,340 students. The full-time enrollment at Monmouth University is 5,156 students and the part-time enrollment is 1,184. This means that 81.3% of students enrolled at Monmouth University are enrolled full-time.

The enrolled student population at Monmouth University, both undergraduate and graduate, is 70.3% White, 12.1% Hispanic or Latino, 5.62% Black or African American, 3.3% Asian, 2.19% Two or More Races, 0.0946% American Indian or Alaska Native, and 0.0315% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Monmouth University in full-time Undergraduate programs are majority White Female (41.4%), followed by White Male (29.7%) and Hispanic or Latino Female (8.35%). Students enrolled in full-time Graduate programs are majority White Female (54.9%), followed by White Male (13.9%) and Hispanic or Latino Female (7.03%).

Full-Time vs Part-Time Enrollment

81.3%

Full-Time Enrollment

The total enrollment at Monmouth University, both undergraduate and graduate, is 6,340 students. The full-time enrollment at Monmouth University is 5,156 and the part-time enrollment is 1,184. This means that 81.3% of students enrolled at Monmouth University are enrolled full-time compared with 68.6% at similar Masters Colleges and Universities.

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

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Retention Rate over Time

79%

2017 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 University was 79%. Compared with the full-time retention rate at similar Masters Colleges and Universities (75%), Monmouth University had a retention rate higher than its peers.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

  1. White

    4,455

  2. Hispanic or Latino

    768

  3. Black or African American

    356

The enrolled student population at Monmouth University is 70.3% White, 12.1% Hispanic or Latino, 5.62% Black or African American, 3.3% Asian, 2.19% Two or More Races, 0.0946% American Indian or Alaska Native, and 0.0315% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Masters Colleges and Universities is 54.4% White, 15% Hispanic or Latino, and 13.2% 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, 307 students (4.84%) did not report their race.

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Graduates

In 2017, 546 more women than men received degrees from Monmouth University. The majority of degree recipients at Monmouth University are white (1,312 degrees awarded). There were 8.63 times more white graduates than the next closest race/ethnicity group, hispanic or latino (152 degrees).

The most common Bachelor's Degree concentration at Monmouth University is General Business Administration & Management (304 degrees awarded), followed by Speech Communication & Rhetoric (121 degrees) and General Education (88 degrees).

The most specialized majors across all degree types at Monmouth University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Public Administration and Social Service (168 degrees awarded), History (42 degrees), and Communications (140 degrees).

Workforce

Common Jobs by Major

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Monmouth University are Elementary & middle school teachers (2,074,837 people), Secondary school teachers (368,670 people), Education administrators (322,102 people), Other managers (268,749 people), and Lawyers, & judges, magistrates, & other judicial workers (220,112 people).

The most specialized majors at Monmouth University are Public Administration and Social Service (168 degrees awarded), History (42 degrees), Communications (140 degrees), English (61 degrees), and Education (225 degrees).

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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 University are Surgeons, Electrical & electronics engineers, Physicians, Dentists, and Securities, commodities, & financial services sales agents

The most specialized majors at Monmouth University are Public Administration and Social Service (168 degrees awarded), History (42 degrees), Communications (140 degrees), English (61 degrees), and Education (225 degrees).

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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 University are Elementary & secondary schools (3,123,880 people), Colleges, universities & professional schools, including junior colleges (490,556 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (240,415 people), Legal services (196,199 people), and Computer Systems Design (182,434 people).

The most specialized majors at Monmouth University are Public Administration and Social Service (168 degrees awarded), History (42 degrees), Communications (140 degrees), English (61 degrees), and Education (225 degrees).

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Degrees

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Monmouth University.

Most Common

  1. 304 degrees awarded

  2. 121 degrees awarded

  3. 88 degrees awarded

In 2017, the most common bachelors degree concentration at Monmouth University was General Business Administration & Management with 304 degrees awarded.

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

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Gender Breakdown for Common Majors

Degrees Awarded to Men

  1. 631

  2. 1,177

In 2017, 631 degrees were awarded to men at Monmouth University, which is 0.536 times less than the number of degrees awarded to females (1,177).

This chart displays the gender disparity between the top 5 majors at Monmouth University by degrees awarded.

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Most Common Male Majors

In 2017, 213 degrees were awarded to men at Monmouth University in General Business Administration & Management, which is 1.4 times more than the 152 female recipients with that same degree.

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Most Common Female Majors

In 2017, 152 degrees were awarded to women at Monmouth University in General Business Administration & Management, which is 0.714 times less than the 213 male recipients with that same degree.

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Time to Complete

51%

100% Completion Time

67%

150% Completion Time

In 2017, 51% of students graduating from Monmouth University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 67% completed their degrees within 150% of the normal time, and 68% within 200%.

The following chart shows these completion rates over time compared to the average for the Masters Colleges and Universities 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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Diversity

Graduation Rate by Race and Gender

Showing demographic groups with ≥ 5 graduating students.

Two or More Races Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at Monmouth University is Male and Two or More Races (100% graduation rate). Across all Masters Colleges and Universities, Asian Female students have the highest graduation rate (68.1%).

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, 1.65% of graduates (11 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity

  1. White

    1,312 degrees awarded

  2. Hispanic or Latino

    152 degrees awarded

  3. Black or African American

    102 degrees awarded

The most common race/ethnicity at Monmouth University is white (1,312 degrees awarded). There were 8.63 times more white recipients than the next closest race/ethnicity group, hispanic or latino (152 degrees).

4.7% of degree recipients (85 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic

  1. White Female

    863 degrees awarded

  2. White Male

    449 degrees awarded

  3. Hispanic or Latino Female

    105 degrees awarded

The most common race/ethnicity and gender grouping at Monmouth University is white female (863 degrees awarded). There were 1.92 times more white female recipients than the next closest race/ethnicity group, white male (449 degrees).

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Operations

Monmouth University has an endowment valued at nearly $90.3M, as of the end of the 2017 fiscal year. The return on its endowment was of $11.3M (12.5%), compared to the 6.94% average return ($2.3M on $33.1M) across all Masters Colleges and Universities.

In 2017, Monmouth University had a total salary expenditure of $174M. Monmouth University employs 87 Lecturers, 86 Associate professors, and 72 Assistant professors. Most academics at Monmouth University are Female Lecturers (60), Female Assistant professors(46), and Female Associate professors (45).

The most common positions for non-instructional staff at Monmouth University are: Office and Administrative Support, with 159 employees, Service, with 157 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 131 employees.

Finances

Endowment

$90.3M

2017 Endowment

14.3%

growth from 2016

Monmouth University has an endowment valued at about $90.3M, as of the end of the 2017 fiscal year. The endowment of Monmouth University grew 14.3% from the previous year. The value of their endowment was $57.2M higher than than the median endowment of Masters Colleges and Universities according to the Carnegie Classification grouping.

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

The small bar chart below shows the endowment quintiles for all universities in the Masters Colleges & Universities: Larger Programs Carnegie Classification grouping.

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Government Grants and Contracts

Grants & Contracts

  1. $928k - Federal

  2. $774k - State

  3. $62.8k - Local

As of 2017, Monmouth University received $928k in grants and contracts from the federal government, $774k from state grants and contracts, and $62.8k from local grants and contracts.

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Expenses

Salary Expenditure

$84.6M

2017 Salaries

3.88%

growth from 2016

In 2017, Monmouth University paid a median of $84.6M in salaries, which represents 48.7% of their overall expenditure ($174M) and a 3.88% growth from the previous year. This is compared to a 4.75% growth from 2015 and a 4.62% growth from 2014.

The median for similar Masters Colleges and Universities is 31.4M (40.5% of overall expenditures).

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Instructional Salaries

$27.4M

Instructional Salaries

308

Number of Employees

In 2017, Monmouth University paid a total of $27.4M to 308 employees working as instructors, which represents 32.4% of all salaries paid.

This is compared to a median of $16.8M (34%) for similar Masters Colleges & Universities: Larger Programs.

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Faculty and Staff

Occupations by Share

Lecturer

Most Common Instructor

87 Employees

Office and Administrative Support

Most Common Non-Instructional Employee

159 Employees

In 2017, the most common positions for instructional staff at Monmouth University were Lecturer with 87 employees; Associate professor with 86 employees; and Associate professor with 72 employees.

In 2017, the most common positions for non-instructional staff at Monmouth University were Office and Administrative Support with 159 employees; Service with 157 employees; and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 131 employees.

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Instructors by Academic Rank and Gender

Most Common Demographic

  1. Female Lecturer

  2. Female Assistant professor

  3. Female Associate professor

In 2017, the most common demographic for instructional staff at Monmouth University was Female Lecturer with 60 employees, Female Assistant professor with 46 employees, and Female Associate professor with 45 employees.

This chart shows the gender split between each academic rank present at Monmouth University.

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