University of Arkansas at Monticello

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2021 Undergraduate Tuition
$4,779
2021 Average Net Price
$13,077
After Financial Aid
2019 Student Loan
4.4%
Default Rate
2021 Enrolled Students
2,678
66.2% Full-Time
2021 Graduation Rate
21.8%
81 Graduates

About

University of Arkansas at Monticello is a higher education institution located in Drew County, AR. In 2021, the most popular Associates Degree concentrations at University of Arkansas at Monticello were General Studies (123 degrees awarded), Other Multidisciplinary Studies (82 degrees), and Industrial Mechanics & Maintenance Technology (27 degrees).

In 2021, 1,165 degrees were awarded across all undergraduate and graduate programs at University of Arkansas at Monticello. 54.6% of these degrees were awarded to women, and 45.4% awarded men. The most common race/ethnicity group of degree recipients was white (731 degrees), 2.5 times more than then the next closest race/ethnicity group, black or african american (292 degrees).

The median undergraduate tuition at University of Arkansas at Monticello is $4,779, which is $−18,405 less than the national average for Masters Colleges and Universities ($23,184).

dollarCosts

In 2021, the median undergraduate tuition at University of Arkansas at Monticello is $4,779, which is $−18,405 less than the national average for Masters Colleges and Universities ($23,184).

After taking grants and loans into account, the average net price for students is $13,077.

In 2021, 85% of undergraduate students attending University of Arkansas at Monticello received financial aid through grants. Comparatively, 45% of undergraduate students received financial aid through loans.

Tuition Costs

$4,779
2021 Undergraduate Tuition

In 2021, the cost of tuition at University of Arkansas at Monticello was $4,779. The cost of tuition at University of Arkansas at Monticello is $−18,405 less than than the overall (public and private) national average for Masters Colleges and Universities ($23,184).

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Average Net Price

$13,077
2021 Value
9.28%
1 Year Growth

In 2021 University of Arkansas at Monticello had an average net price — the price paid after factoring in grants and loans — of $13,077. Between 2020 and 2021, the average net price of University of Arkansas at Monticello grew by 9.28%.

This chart compares the average net price of University of Arkansas at Monticello (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

$7,291
Room and Board
$1,200
Books and Supplies

The average yearly cost of room and board at University of Arkansas at Monticello was of $7,291 in 2021. The cost of room and board did not change between 2020 and 2021.

During the same period, the average yearly cost of books and supplies was $1,200. The cost of books and supplies did not change during the same period.

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Financial Aid by Income Level

85%
Undergraduates Receiving Financial Aid through Grants
45%
Undergraduates Receiving Financial Aid through Loans

85% of undergraduate students at University of Arkansas at Monticello received financial aid through grants or loans in 2021. This represents a growth of 4.94% with respect to 2020, when 81% of undergraduate students received financial aid.

This chart compares the average award discount at University of Arkansas at Monticello (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.
4.4%
2019 Default Rate
42
Number of Defaults

In 2019 the default rate for borrower's at University of Arkansas at Monticello was 4.4%, which represents 42 out of the 954 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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bookEnrollment

University of Arkansas at Monticello had a total enrollment of 2,678 students in 2021. The full-time enrollment at University of Arkansas at Monticello is 1,774 students and the part-time enrollment is 904. This means that 66.2% of students enrolled at University of Arkansas at Monticello are enrolled full-time.

The enrolled student population at University of Arkansas at Monticello, both undergraduate and graduate, is 54.9% White, 27.6% Black or African American, 8.85% Two or More Races, 6.8% Hispanic or Latino, 0.822% Asian, and 0.299% American Indian or Alaska Native.

Students enrolled at University of Arkansas at Monticello in full-time Undergraduate programs are most commonly White Female (29.7%), followed by White Male (24.5%) and Black or African American Female (14.1%). Students enrolled in full-time Graduate programs are most commonly White Female (45.4%), followed by White Male (20.4%) and Black or African American Female (13.2%).

Full-Time vs Part-Time Enrollment

66.2%
Full-Time Enrollment

The total enrollment at University of Arkansas at Monticello in 2021, both undergraduate and graduate, is 2,678 students. The full-time enrollment at University of Arkansas at Monticello is 1,774 and the part-time enrollment is 904. This means that 66.2% of students enrolled at University of Arkansas at Monticello are enrolled full-time compared with 68.3% at similar Masters Colleges and Universities.

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

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Retention Rate over Time

69%
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 University of Arkansas at Monticello was 69%. Compared with the full-time retention rate at similar Masters Colleges and Universities (73%), University of Arkansas at Monticello had a retention rate lower than its peers.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2021)
  1. White
    1,470 enrolled students
  2. Black or African American
    738 enrolled students
  3. Two or More Races
    237 enrolled students

The enrolled student population at University of Arkansas at Monticello is 54.9% White, 27.6% Black or African American, 8.85% Two or More Races, 6.8% Hispanic or Latino, 0.822% Asian, and 0.299% 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 Masters Colleges and Universities is 52% White, 16.9% Hispanic or Latino, and 12.8% 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, 10 students (0.373%) did not report their race.

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learningGraduates

In 2021, 107 more women than men received degrees from University of Arkansas at Monticello. The most common race/ethnicity group of degree recipients at University of Arkansas at Monticello is white (731 degrees awarded). There were 2.5 times more white recipients than the next closest race/ethnicity group, black or african american (292 degrees).

The most common Associates Degree concentration at University of Arkansas at Monticello is General Studies (123 degrees awarded), followed by Other Multidisciplinary Studies (82 degrees) and Industrial Mechanics & Maintenance Technology (27 degrees).

In 2021,  the most specialized majors across all degree types at University of Arkansas at Monticello, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Mechanical Technologies (102 degrees awarded), Engineering Technologies (76 degrees), and Natural Resources & Conservation (27 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 University of Arkansas at Monticello are Other managers (110,881 people), Elementary & middle school teachers (65,819 people), Software developers (50,618 people), Sales representatives, wholesale & manufacturing (38,515 people), and Physicians (37,526 people).

The most specialized majors at University of Arkansas at Monticello in 2021 are Mechanical Technologies (102 degrees awarded), Engineering Technologies (76 degrees), Natural Resources & Conservation (27 degrees), Interdisciplinary Studies (99 degrees), and Agriculture (23 degrees) (as of 2021).

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Highest Paying Jobs by Major

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at University of Arkansas at Monticello are Cardiovascular technologists and technicians, Surgeons, Nurse anesthetists, Physicians, and Chief executives & legislators

The most specialized majors at University of Arkansas at Monticello are Mechanical Technologies (102 degrees awarded), Engineering Technologies (76 degrees), Natural Resources & Conservation (27 degrees), Interdisciplinary Studies (99 degrees), and Agriculture (23 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 University of Arkansas at Monticello are Elementary & secondary schools (142,389 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (111,167 people), Colleges, universities & professional schools, including junior colleges (97,545 people), Computer Systems Design (84,703 people), and Construction (74,616 people).

The most specialized majors at University of Arkansas at Monticello are Mechanical Technologies (102 degrees awarded), Engineering Technologies (76 degrees), Natural Resources & Conservation (27 degrees), Interdisciplinary Studies (99 degrees), and Agriculture (23 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 University of Arkansas at Monticello.
Most Common (2021)
  1. 46 degree-majors awarded
  2. 36 degree-majors awarded
  3. 26 degree-majors awarded

In 2021, the most common bachelors degree concentration at University of Arkansas at Monticello was General Education with 46 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at University of Arkansas at Monticello according to their major.

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Sex Breakdown for Common Majors

529
Degrees Awarded to Men
in 2021
636
Degrees Awarded to Women
in 2021

In 2021, 529 degrees were awarded to men at University of Arkansas at Monticello, which is 0.832 times less than the number of degrees awarded to females (636).

This chart displays the sex disparity between the top 5 majors at University of Arkansas at Monticello by degrees awarded.

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Most Common Male Majors

In 2021, 71 degrees were awarded to men at University of Arkansas at Monticello in Industrial Mechanics & Maintenance Technology. There were no female recipients with the same degree.

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Most Common Female Majors

In 2021, 102 degrees were awarded to men at University of Arkansas at Monticello in General Studies, which is 2.17 times more than the 47 male recipients with that same degree.

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Time to Complete

13%
100% Completion Time
25%
150% Completion Time

In 2021, 13% of students graduating from University of Arkansas at Monticello completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 25% completed their degrees within 150% of the normal time, and 25% 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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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 2021 at University of Arkansas at Monticello is Male and Asian (100% graduation rate). Across all Masters Colleges and Universities, 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, 1.23% of graduates (1 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2021)
  1. White
    731 degrees awarded
  2. Black or African American
    292 degrees awarded
  3. Hispanic or Latino
    75 degrees awarded

The most common race/ethnicity at University of Arkansas at Monticello is white (731 degrees awarded). There were 2.5 times more white recipients than the next closest race/ethnicity group, black or african american (292 degrees).

0.258% of degree recipients (3 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2021)
  1. White Female
    370 degrees awarded
  2. White Male
    361 degrees awarded
  3. Black or African American Female
    185 degrees awarded

The most common race/ethnicity and sex grouping at University of Arkansas at Monticello is white female (370 degrees awarded). There were 1.02 times more white female recipients than the next closest race/ethnicity group, white male (361 degrees).

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briefcaseOperations

University of Arkansas at Monticello has an endowment valued at nearly $5.01M, as of the end of the 2021 fiscal year. The return on its endowment was of 2.18M (43.6%) compared to the 13.1% average return (6.61M on 50.4M) across all Masters Colleges and Universities.

In 2021, University of Arkansas at Monticello had a total salary expenditure of 50.8M. University of Arkansas at Monticello employs 71 Instructors, 39 Associate professors and 24 Assistant professors. Most academics at University of Arkansas at Monticello are Female Instructor (43), Male Instructor (28), and Female Associate professor (21).

The most common positions for non-instructional staff at University of Arkansas at Monticello are: Office and Administrative Support, with 78 employees, Service, with 36 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 27 employees.

Endowment

$5.01M
2021 Endowment
34.3%
growth from 2020

University of Arkansas at Monticello has an endowment valued at about $5.01M, as of the end of the 2021 fiscal year. The endowment of University of Arkansas at Monticello grew 34.3% from the previous year. The value of their endowment was $45.4M lower than than the median endowment of Masters Colleges and Universities according to the Carnegie Classification grouping.

This line chart shows how the endowment at University of Arkansas at Monticello (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: Small Programs Carnegie Classification grouping.

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Salary Expenditure

$18.7M
2021 Salaries
3.2%
decline from 2020

In 2021, University of Arkansas at Monticello paid a median of $18.7M in salaries, which represents 36.8% of their overall expenditure ($50.8M) and a 3.2% decline from the previous year.

The median for similar Masters Colleges and Universities is 35.1M (41.3% of overall expenditures).

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Instructional Salaries

$8.71M
Instructional Salaries
155
Number of Employees

In 2021, University of Arkansas at Monticello paid a total of $8.71M to 155 employees working as instructors, which represents 46.5% of all salaries paid.

This is compared to a median of $11M (31.3%) for similar Masters Colleges and Universities.

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Occupations by Share

Instructor
Most Common Instructor
71 Employees
Office and Administrative Support
Most Common Non-Instructional Employee
78 Employees

In 2021, the most common positions for instructional staff at University of Arkansas at Monticello were Instructor with 71 employees, Associate professor with 39 employees, and Assistant professor with 24 employees.

In 2021, the most common positions for non-instructional staff at University of Arkansas at Monticello were Office and Administrative Support with 78 employees, Service with 36 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 27 employees.

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Instructors by Academic Rank and Sex

Most Common Demographic (2021)
  1. Female Instructor
  2. Male Instructor
  3. Female Associate professor

In 2021, the most common demographic for instructional staff at University of Arkansas at Monticello was Female Instructor with 43 employees, Male Instructor with 28 employees, and Female Associate professor with 21 employees.

This chart shows the sex split between each academic rank present at University of Arkansas at Monticello.

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