Montgomery College

www.montgomerycollege.edu

2024 Undergraduate Tuition

$4,020

2024 Average Net Price

$8,888

After Financial Aid

2023 Default Rate

0.402%

on Student Loans

2024 Enrolled Students

18,835

34.8% Full-Time

2024 Graduation Rate

32.4%

482 Graduates

Costs

In 2024, the median undergraduate tuition at Montgomery College is $4,020, which is $4,140 less than the national average for Associates Colleges ($8,160).

After taking grants and loans into account, the average net price for students is $8,888.

In 2024, 51% of undergraduate students attending Montgomery College received financial aid through grants. Comparatively, 6% of undergraduate students received financial aid through loans.

Tuition Costs

$4,020

2024 Undergraduate Tuition

In 2024, the cost of tuition at Montgomery College was $4,020. The cost of tuition at Montgomery College is $−4,140 less than than the overall (public and private) national average for Associates Colleges ($8,160).

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

Average Net Price

$8,888

2024 Value

2.54%

1 Year Growth

In 2024 Montgomery College had an average net price — the price paid after factoring in grants and loans — of $8,888. Between 2023 and 2024, the average net price of Montgomery College grew by 2.54%.

This chart compares the average net price of Montgomery 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

$16,724

Room and Board

$1,232

Books and Supplies

The average yearly cost of room and board at Montgomery College was of $16,724 in 2024. The cost of room and board increased by 5.57% between 2023 and 2024.

During the same period, the average yearly cost of books and supplies was $1,232. The cost of books and supplies decreased by 12% during the same period.

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

Financial Aid by Income Level

51%

Undergraduates Receiving Financial Aid through Grants

Undergraduates Receiving Financial Aid through Loans

51% of undergraduate students at Montgomery College received financial aid through grants or loans in 2024. This represents a growth of 13.3% with respect to 2023, when 45% of undergraduate students received financial aid.

This chart compares the average award discount at Montgomery 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.

0.402%

2023 Default Rate

Number of Defaults

In 2023 the default rate for borrower's at Montgomery College was 0.402%, which represents 4 out of the 996 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.

Enrollment

Montgomery College had a total enrollment of 18,835 students in 2024. The full-time enrollment at Montgomery College is 6,546 students and the part-time enrollment is 12,289. This means that 34.8% of students enrolled at Montgomery College are enrolled full-time.

The enrolled student population at Montgomery College, both undergraduate and graduate, is 30% Hispanic or Latino, 24.1% Black or African American, 18.6% White, 12.6% Asian, 3.92% Two or More Races, 0.17% American Indian or Alaska Native, and 0.122% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Montgomery College in full-time Undergraduate programs are most commonly Hispanic or Latino Female (15.6%), followed by Hispanic or Latino Male (13.3%) and Black or African American Female (11.5%).

Full-Time vs Part-Time Enrollment

34.8%

Full-Time Enrollment

The total enrollment at Montgomery College in 2024, both undergraduate and graduate, is 18,835 students. The full-time enrollment at Montgomery College is 6,546 and the part-time enrollment is 12,289. This means that 34.8% of students enrolled at Montgomery College are enrolled full-time compared with 31.9% at similar Associates Colleges.

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

Retention Rate over Time

75%

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 Montgomery College was 75%. Compared with the full-time retention rate at similar Associates Colleges (64%), Montgomery College had a retention rate higher than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2024)

Hispanic or Latino
5,650 enrolled students
Black or African American
4,545 enrolled students
White
3,503 enrolled students

The enrolled student population at Montgomery College is 30% Hispanic or Latino, 24.1% Black or African American, 18.6% White, 12.6% Asian, 3.92% Two or More Races, 0.17% American Indian or Alaska Native, and 0.122% 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 Associates Colleges is 41.3% White, 28.4% 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, 36 students (0.191%) did not report their race.

Operations

Montgomery College has an endowment valued at nearly $39.7M, as of the end of the 2024 fiscal year. The return on its endowment was of 4.76M (12%) compared to the 12.8% average return (818k on 6.41M) across all Associates Colleges.

In 2024, Montgomery College had a total salary expenditure of 362M. Montgomery College employs 331 Professors, 75 Associate professors and 24 Assistant professors. Most academics at Montgomery College are Female Professor (183), Male Professor (148), and Female Associate professor (49).

The most common positions for non-instructional staff at Montgomery College are: Management, with 206 employees, Office and Administrative Support, with 203 employees, and Service with 203 employees.

Endowment

$39.7M

2024 Endowment

14.8%

growth from 2023

Montgomery College has an endowment valued at about $39.7M, as of the end of the 2024 fiscal year. The endowment of Montgomery College grew 14.8% from the previous year. The value of their endowment was $33.3M higher than than the median endowment of Associates Colleges according to the Carnegie Classification grouping.

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

The small bar chart below shows the endowment quintiles for all universities in the Associates Colleges: High Transfer-Mixed Traditional/Nontraditional Carnegie Classification grouping.

Government Grants and Contracts

Grants & Contracts

$7.57M - Federal
$7.76M - State
$1.63M - Local

As of 2024, Montgomery College received $7.57M in grants and contracts from the federal government, $7.76M from state grants and contracts, and $1.63M from local grants and contracts.

Salary Expenditure

$203M

2024 Salaries

6.07%

growth from 2023

In 2024, Montgomery College paid a median of $203M in salaries, which represents 55.9% of their overall expenditure ($362M) and a 6.07% growth from the previous year. This is compared to a 14.7% decline between 2022 and 2023, and a 14.1% growth between 2021 and 2022.

Instructional Salaries

$45.6M

Instructional Salaries

443

Number of Employees

In 2024, Montgomery College paid a total of $45.6M to 443 employees working as instructors, which represents 22.5% of all salaries paid.

This is compared to a median of $720k (4.04%) for similar Associates Colleges.

Occupations by Share

In 2024, the most common positions for non-instructional staff at Montgomery College were Management with 206 employees, Office and Administrative Support with 203 employees, and Service with 203 employees.

Montgomery College

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Montgomery College

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About

Costs

Tuition Costs

Average Net Price

Other Student Expenses

Financial Aid by Income Level

Student Loan Default Rate

Enrollment

Full-Time vs Part-Time Enrollment

Retention Rate over Time

Enrollment by Race & Ethnicity

Graduates

Common Jobs by Major

Highest Paying Jobs by Major

Common Industries by Major

Majors Awarded

Sex Breakdown for Common Majors

Most Common Male Majors

Most Common Female Majors

Time to Complete

Race & Ethnicity by Share

Race & Ethnicity by Sex

Operations

Endowment

Government Grants and Contracts

Salary Expenditure

Instructional Salaries

Occupations by Share

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