Monmouth College

www.monmouthcollege.edu

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2023 Undergraduate Tuition

$43,320

2.99% growth from 2022

2023 Average Net Price

$19,088

After Financial Aid

2020 Default Rate

on Student Loans

2023 Acceptance Rate

86.6%

1,614 Applicants

2023 Enrolled Students

727

99.7% Full-Time

2023 Graduation Rate

56.6%

159 Graduates

About

Monmouth College is a higher education institution located in Warren County, IL. In 2023, the most popular Bachelors Degree concentrations at Monmouth College were General Business Administration & Management (29 degrees awarded), Kinesiology & Exercise Science (21 degrees), and General Economics (13 degrees).

In 2023, 218 degrees were awarded across all undergraduate and graduate programs at Monmouth College. 50.5% of these degrees were awarded to women, and 49.5% awarded men. The most common race/ethnicity group of degree recipients was white (154 degrees), 6.7 times more than then the next closest race/ethnicity group, hispanic or latino (23 degrees).

The median undergraduate tuition at Monmouth College is $43,320, which is $14,040 more than the national average for Baccalaureate Colleges ($29,280).

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 2023, the median undergraduate tuition at Monmouth College is $43,320, which is $14,040 more than the national average for Baccalaureate Colleges ($29,280).

After taking grants and loans into account, the average net price for students is $19,088.

In 2023, 100% of undergraduate students attending Monmouth College received financial aid through grants. Comparatively, 72% of undergraduate students received financial aid through loans.

Tuition Costs

$43,320

2023 Undergraduate Tuition

In 2023, the cost of tuition at Monmouth College was $43,320. The cost of tuition at Monmouth College is $14,040 more than than the overall (public and private) national average for Baccalaureate Colleges ($29,280).

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

Average Net Price

$19,088

2023 Value

5.68%

1 Year Growth

In 2023 Monmouth College had an average net price — the price paid after factoring in grants and loans — of $19,088. Between 2022 and 2023, the average net price of Monmouth College grew by 5.68%.

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

$9,095

Room and Board

$900

Books and Supplies

The average yearly cost of room and board at Monmouth College was of $9,095 in 2023. The cost of room and board increased by 1.68% between 2022 and 2023.

During the same period, the average yearly cost of books and supplies was $900. The cost of books and supplies did not change 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 2023. This represents a growth of 0% with respect to 2022, 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 1,614 undergraduate applications in 2023, which represents a 11.2% annual growth. Out of those 1,614 applicants, 1,398 students were accepted for enrollment, representing a 86.6% acceptance rate.

There were 727 students enrolled at Monmouth College in 2023. 30% of first-time enrollees submitted SAT scores with their applications.

Monmouth College has an overall enrollment yield of 15.1%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

86.6%

Acceptance Rate in 2023

1,398

Accepted Out of 1,614

In 2023, the undergraduate acceptance rate of Monmouth College was 86.6% (1,398 admissions from 1,614 applications). This is lower than the acceptance rate of 2022, which was 90.7%. Between 2022 and 2023, the number of applicants declined by 11.2%, while admissions declined by 15.2%.

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

30%

Submission Percentage (2023)

Scores Submitted (2023)

30% of enrolled first-time students at Monmouth College in 2023 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 727 students in 2023. The full-time enrollment at Monmouth College is 725 students and the part-time enrollment is 2. This means that 99.7% of students enrolled at Monmouth College are enrolled full-time.

The enrolled student population at Monmouth College, both undergraduate and graduate, is 69.1% White, 11.8% Hispanic or Latino, 9.77% Black or African American, 3.44% Two or More Races, 1.65% Asian, and 0.275% American Indian or Alaska Native.

Students enrolled at Monmouth College in full-time Undergraduate programs are most commonly White Female (36.3%), followed by White Male (32.3%) and Black or African American Male (6.85%).

Full-Time vs Part-Time Enrollment

99.7%

Full-Time Enrollment

The total enrollment at Monmouth College in 2023, both undergraduate and graduate, is 727 students. The full-time enrollment at Monmouth College is 725 and the part-time enrollment is 2. This means that 99.7% of students enrolled at Monmouth College are enrolled full-time compared with 78.8% 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

70%

2023 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 70%. Compared with the full-time retention rate at similar Baccalaureate Colleges (74%), Monmouth College had a retention rate lower 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 (2023)

White
502 enrolled students
Hispanic or Latino
86 enrolled students
Black or African American
71 enrolled students

The enrolled student population at Monmouth College is 69.1% White, 11.8% Hispanic or Latino, 9.77% Black or African American, 3.44% Two or More Races, 1.65% Asian, and 0.275% 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 53.2% White, 14.1% Hispanic or Latino, and 12.9% 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, 21 students (2.89%) did not report their race.

Graduates

In 2023, 2 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 6.7 times more white recipients than the next closest race/ethnicity group, hispanic or latino (23 degrees).

The most common Bachelor's Degree concentration at Monmouth College is General Business Administration & Management (29 degrees awarded), followed by Kinesiology & Exercise Science (21 degrees) and General Economics (13 degrees).

In 2023, 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 (22 degrees awarded), Language & Linguistics (9 degrees), and Physical Sciences (14 degrees).

Common Jobs by Major

Other managers

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 Other managers (277,870 people), Elementary & middle school teachers (221,364 people), Postsecondary teachers (203,112 people), Secondary school teachers (167,571 people), and Lawyers, & judges, magistrates, & other judicial workers (151,225 people).

The most specialized majors at Monmouth College in 2023 are Parks, Recreation, & Leisure (22 degrees awarded), Language & Linguistics (9 degrees), Physical Sciences (14 degrees), Communications (17 degrees), and English (7 degrees) (as of 2023).

Highest Paying Jobs by Major

Surgeons

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 Surgeons, Diagnostic medical sonographers, Podiatrists, Cardiovascular technologists and technicians, and Media and communication workers, all other

The most specialized majors at Monmouth College are Parks, Recreation, & Leisure (22 degrees awarded), Language & Linguistics (9 degrees), Physical Sciences (14 degrees), Communications (17 degrees), and English (7 degrees) (as of 2023).

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 (5,586,329 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (3,275,256 people), Colleges, universities & professional schools, including junior colleges (2,452,532 people), Computer Systems Design (2,343,824 people), and Construction (1,303,670 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 (2023)

General Business Administration & Management
29 degrees awarded
Kinesiology & Exercise Science
21 degrees awarded
General Economics
13 degrees awarded

In 2023, the most common bachelors degree concentration at Monmouth College was General Business Administration & Management with 29 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

108

Degrees Awarded to Men

in 2023

110

Degrees Awarded to Women

in 2023

In 2023, 108 degrees were awarded to men at Monmouth College, which is 0.982 times less than the number of degrees awarded to females (110).

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

Most Common Male Majors

In 2023, 21 degrees were awarded to men at Monmouth College in General Business Administration & Management, which is 2.63 times more than the 8 female recipients with that same degree.

Most Common Female Majors

In 2023, 10 degrees were awarded to men at Monmouth College in Elementary Education & Teaching, which is 5 times more than the 2 male recipients with that same degree.

Time to Complete

50%

100% Completion Time

55%

150% Completion Time

In 2023, 50% of students graduating from Monmouth College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 55% completed their degrees within 150% of the normal time, and 57% 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.

White Female

Highest Graduation Rate (76.4%)

The student demographic with the highest graduation rate in 2023 at Monmouth College is Female and White (76.4% graduation rate). Across all Baccalaureate Colleges, Non-resident Alien Male students have the highest graduation rate (65.7%).

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, 8.81% of graduates (14 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)

White
154 degrees awarded
Hispanic or Latino
23 degrees awarded
Black or African American
12 degrees awarded

The most common race/ethnicity at Monmouth College is white (154 degrees awarded). There were 6.7 times more white recipients than the next closest race/ethnicity group, hispanic or latino (23 degrees).

2.75% of degree recipients (6 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2023)

White Female
83 degrees awarded
White Male
71 degrees awarded
Hispanic or Latino Male
14 degrees awarded

The most common race/ethnicity and sex grouping at Monmouth College is white female (83 degrees awarded). There were 1.17 times more white female recipients than the next closest race/ethnicity group, white male (71 degrees).

Operations

Monmouth College has an endowment valued at nearly $125M, as of the end of the 2023 fiscal year. The return on its endowment was of 3.84M (3.07%) compared to the 4.79% average return (2.46M on 51.4M) across all Baccalaureate Colleges.

In 2023, Monmouth College had a total salary expenditure of 36.6M. Monmouth College employs 25 Assistant professors, 18 Professors and 14 Associate professors. Most academics at Monmouth College are Male Assistant professor (13), Female Assistant professor (12), and Male Associate 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 32 employees, Service, with 24 employees, and Office and Administrative Support with 18 employees.

Endowment

$125M

2023 Endowment

2.38%

growth from 2022

Monmouth College has an endowment valued at about $125M, as of the end of the 2023 fiscal year. The endowment of Monmouth College grew 2.38% from the previous year. The value of their endowment was $73.4M 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

$13.2M

2023 Salaries

2.99%

growth from 2022

In 2023, Monmouth College paid a median of $13.2M in salaries, which represents 36% of their overall expenditure ($36.6M) and a 2.99% growth from the previous year. This is compared to a 4.18% decline between 2021 and 2022, and a 13.2% decline between 2020 and 2021.

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

Instructional Salaries

$4M

Instructional Salaries

Number of Employees

In 2023, Monmouth College paid a total of $4M to 65 employees working as instructors, which represents 30.3% of all salaries paid.

This is compared to a median of $552k (3.27%) for similar Baccalaureate Colleges.

Occupations by Share

Assistant professor

Most Common Instructor

25 Employees

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

Most Common Non-Instructional Employee

32 Employees

In 2023, the most common positions for instructional staff at Monmouth College were Assistant professor with 25 employees, Professor with 18 employees, and Associate professor with 14 employees.

In 2023, the most common positions for non-instructional staff at Monmouth College were Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 32 employees, Service with 24 employees, and Office and Administrative Support with 18 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2023)

Male Assistant professor
Female Assistant professor
Male Associate professor

In 2023, the most common demographic for instructional staff at Monmouth College was Male Assistant professor with 13 employees, Female Assistant professor with 12 employees, and Male Associate professor with 10 employees.

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

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