Monroe College

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    2024 Undergraduate Tuition
    $16,344
    2.71% growth from 2023
    2024 Average Net Price
    $13,291
    After Financial Aid
    2024 Acceptance Rate
    67.5%
    4,060 Applicants
    2024 Enrolled Students
    8,141
    59.5% Full-Time
    2024 Graduation Rate
    59.6%
    338 Graduates

    About

    Monroe College is a higher education institution located in Bronx County, NY. In 2024, the most popular Associates Degree concentrations at Monroe College were Diagnostic Medical Sonography & Ultrasound Technician (128 degrees awarded), General Business Administration & Management (128 degrees), and Medical Office Management (127 degrees).

    In 2024, 2,089 degrees were awarded across all undergraduate and graduate programs at Monroe College. 70% of these degrees were awarded to women, and 30% awarded men. The most common race/ethnicity group of degree recipients was black or african american (795 degrees), 1.06 times more than then the next closest race/ethnicity group, hispanic or latino (751 degrees).

    The median undergraduate tuition at Monroe College is $16,344, which is $−7,656 less than the national average for Masters Colleges and Universities ($24,000).

    Costs

    In 2024, the median undergraduate tuition at Monroe College is $16,344, which is $7,656 less than the national average for Masters Colleges and Universities ($24,000).

    After taking grants and loans into account, the average net price for students is $13,291.

    In 2024, 74% of undergraduate students attending Monroe College received financial aid through grants. Comparatively, 44% of undergraduate students received financial aid through loans.

    Tuition Costs

    $16,344
    2024 Undergraduate Tuition

    In 2024, the cost of tuition at Monroe College was $16,344. The cost of tuition at Monroe College is $−7,656 less than than the overall (public and private) national average for Masters Colleges and Universities ($24,000).

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

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    Average Net Price

    $13,291
    2024 Value
    15.8%
    1 Year Growth

    In 2024 Monroe College had an average net price — the price paid after factoring in grants and loans — of $13,291. Between 2023 and 2024, the average net price of Monroe College grew by 15.8%.

    This chart compares the average net price of Monroe 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

    $9,275
    Room and Board
    $200
    Books and Supplies

    The average yearly cost of room and board at Monroe College was of $9,275 in 2024. The cost of room and board increased by 16.7% between 2023 and 2024.

    During the same period, the average yearly cost of books and supplies was $200. The cost of books and supplies did not change during the same period.

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

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    Financial Aid by Income Level

    74%
    Undergraduates Receiving Financial Aid through Grants
    44%
    Undergraduates Receiving Financial Aid through Loans

    74% of undergraduate students at Monroe College received financial aid through grants or loans in 2024. This represents a decline of 14.9% with respect to 2023, when 87% of undergraduate students received financial aid.

    This chart compares the average award discount at Monroe 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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    Admissions

    Monroe College received 4,060 undergraduate applications in 2024, which represents a 18.6% annual growth. Out of those 4,060 applicants, 2,741 students were accepted for enrollment, representing a 67.5% acceptance rate.

    There were 8,141 students enrolled at Monroe College in 2024.

    Monroe College has an overall enrollment yield of 43.2%, which represents the number of admitted students who ended up enrolling.

    Acceptance Rate

    67.5%
    Acceptance Rate in 2024
    2,741
    Accepted Out of 4,060

    In 2024, the undergraduate acceptance rate of Monroe College was 67.5% (2,741 admissions from 4,060 applications). This is higher than the acceptance rate of 2023, which was 65.9%. Between 2023 and 2024, the number of applicants declined by 18.6%, while admissions declined by 16.6%.

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

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    Enrollment

    Monroe College had a total enrollment of 8,141 students in 2024. The full-time enrollment at Monroe College is 4,845 students and the part-time enrollment is 3,296. This means that 59.5% of students enrolled at Monroe College are enrolled full-time.

    The enrolled student population at Monroe College, both undergraduate and graduate, is 35.5% Black or African American, 32.2% Hispanic or Latino, 3.26% White, 2.59% Asian, 1.12% Two or More Races, 0.258% American Indian or Alaska Native, and 0.16% Native Hawaiian or Other Pacific Islanders.

    Students enrolled at Monroe College in full-time Undergraduate programs are most commonly Hispanic or Latino Female (25.9%), followed by Black or African American Female (24.2%) and Hispanic or Latino Male (14.3%). Students enrolled in full-time Graduate programs are most commonly Black or African American Female (9.23%), followed by Hispanic or Latino Female (7.03%) and Black or African American Male (2.76%).

    Full-Time vs Part-Time Enrollment

    59.5%
    Full-Time Enrollment

    The total enrollment at Monroe College in 2024, both undergraduate and graduate, is 8,141 students. The full-time enrollment at Monroe College is 4,845 and the part-time enrollment is 3,296. This means that 59.5% of students enrolled at Monroe College are enrolled full-time compared with 67.1% at similar Masters Colleges and Universities.

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

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    Retention Rate over Time

    67%
    2024 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 Monroe College was 67%. Compared with the full-time retention rate at similar Masters Colleges and Universities (73%), Monroe College had a retention rate lower than its peers.

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

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    Enrollment by Race & Ethnicity

    Most Common Race or Ethnicity (2024)
    1. Black or African American
      2,887 enrolled students
    2. Hispanic or Latino
      2,621 enrolled students
    3. White
      265 enrolled students

    The enrolled student population at Monroe College is 35.5% Black or African American, 32.2% Hispanic or Latino, 3.26% White, 2.59% Asian, 1.12% Two or More Races, 0.258% American Indian or Alaska Native, and 0.16% 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 47.4% White, 18.8% Hispanic or Latino, and 13.6% 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, 0 students (0%) did not report their race.

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    Graduates

    In 2024, 835 more women than men received degrees from Monroe College. The most common race/ethnicity group of degree recipients at Monroe College is black or african american (795 degrees awarded). There were 1.06 times more black or african american recipients than the next closest race/ethnicity group, hispanic or latino (751 degrees).

    The most common Associates Degree concentration at Monroe College is Diagnostic Medical Sonography & Ultrasound Technician (128 degrees awarded), followed by General Business Administration & Management (128 degrees) and Medical Office Management (127 degrees).

    In 2024,  the most specialized majors across all degree types at Monroe College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Public Administration and Social Service (154 degrees awarded), Protective Services (219 degrees), and Parks, Recreation, & Leisure (102 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 Monroe College are Registered nurses (1,614,188 people), Accountants & auditors (1,040,391 people), Other managers (877,263 people), Financial managers (548,635 people), and Chief executives & legislators (436,338 people).

    The most specialized majors at Monroe College in 2024 are Public Administration and Social Service (154 degrees awarded), Protective Services (219 degrees), Parks, Recreation, & Leisure (102 degrees), Health (771 degrees), and Business (509 degrees) (as of 2024).

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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 Monroe College are Surgeons, Physicians, Cardiovascular technologists and technicians, Geoscientists and hydrologists, except geographers, and Photographic process workers & processing machine operators

    The most specialized majors at Monroe College are Public Administration and Social Service (154 degrees awarded), Protective Services (219 degrees), Parks, Recreation, & Leisure (102 degrees), Health (771 degrees), and Business (509 degrees) (as of 2024).

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    Common Industries by Major

    The most common industries for people who hold a degree in one of the 5 most specialized majors at Monroe College are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (2,058,178 people), Elementary & secondary schools (941,832 people), Computer Systems Design (626,951 people), Colleges, universities & professional schools, including junior colleges (569,887 people), and Justice, public order, & safety activities (547,838 people).

    The most specialized majors at Monroe College are Public Administration and Social Service (154 degrees awarded), Protective Services (219 degrees), Parks, Recreation, & Leisure (102 degrees), Health (771 degrees), and Business (509 degrees) (as of 2024).

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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 Monroe College.
    Most Common (2024)
    1. 55 degrees awarded
    2. 3 degrees awarded

    In 2024, the most common 1 to 2 year postsecondary certificate concentration at Monroe College was Licensed Practical & Vocational Nurse Training with 55 degrees awarded.

    This visualization illustrates the percentage of degree-majors recipients from 1 to 2 year postsecondary certificate programs at Monroe College according to their major.

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    Sex Breakdown for Common Majors

    627
    Degrees Awarded to Men
    in 2024
    1,462
    Degrees Awarded to Women
    in 2024

    In 2024, 627 degrees were awarded to men at Monroe College, which is 0.429 times less than the number of degrees awarded to females (1,462).

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

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    Most Common Male Majors

    In 2024, 131 degrees were awarded to men at Monroe College in General Business Administration & Management, which is 0.665 times less than the 197 female recipients with that same degree.

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    Most Common Female Majors

    In 2024, 197 degrees were awarded to men at Monroe College in General Business Administration & Management, which is 1.5 times more than the 131 male recipients with that same degree.

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    Time to Complete

    63%
    100% Completion Time
    69%
    150% Completion Time

    In 2024, 63% of students graduating from Monroe College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 69% completed their degrees within 150% of the normal time, and 70% 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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    Race & Ethnicity by Share

    Most Common Student Race or Ethnicity (2024)
    1. Black or African American
      795 degrees awarded
    2. Hispanic or Latino
      751 degrees awarded
    3. White
      66 degrees awarded

    The most common race/ethnicity at Monroe College is black or african american (795 degrees awarded). There were 1.06 times more black or african american recipients than the next closest race/ethnicity group, hispanic or latino (751 degrees).

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    Race & Ethnicity by Sex

    Most Common Sex Demographic (2024)
    1. Black or African American Female
      811 degrees awarded
    2. Black or African American Female
      810 degrees awarded
    3. Black or African American Female
      805 degrees awarded

    The most common race/ethnicity and sex grouping at Monroe College is black or african american female (811 degrees awarded). There were 1 times more black or african american female recipients than the next closest race/ethnicity group, black or african american female (810 degrees).

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    Operations

    In 2024, Monroe College had a total salary expenditure of 113M. Monroe College employs 245 Instructors. Most academics at Monroe College are Female Instructor (144), and Male Instructor (101).

    The most common positions for non-instructional staff at Monroe College are: Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 159 employees, Service, with 57 employees, and Office and Administrative Support with 45 employees.

    Salary Expenditure

    $50.5M
    2024 Salaries
    9.49%
    growth from 2023

    In 2024, Monroe College paid a median of $50.5M in salaries, which represents 44.6% of their overall expenditure ($113M) and a 9.49% growth from the previous year. This is compared to a 7.2% growth between 2022 and 2023, and a 7.11% decline between 2021 and 2022.

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    Instructional Salaries

    $18.7M
    Instructional Salaries
    245
    Number of Employees

    In 2024, Monroe College paid a total of $18.7M to 245 employees working as instructors, which represents 37% of all salaries paid.

    This is compared to a median of $965k (3.13%) for similar Masters Colleges and Universities.

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    Occupations by Share

    In 2024, the most common positions for non-instructional staff at Monroe College were Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 159 employees, Service with 57 employees, and Office and Administrative Support with 45 employees.

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