Monmouth College

www.monmouthcollege.edu

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2020 Undergraduate Tuition

$41,330

6% growth from 2019

2020 Average Net Price

$18,685

After Financial Aid

2018 Student Loan

2.39%

Default Rate

2020 Acceptance Rate

69.4%

2,663 Applicants

2020 Enrolled Students

860

98.5% Full-Time

2020 Graduation Rate

58.3%

228 Graduates

About

Monmouth College is a higher education institution located in Warren County, IL. In 2016, the most popular Bachelor's Degree concentrations at Monmouth College were General Business Administration & Management (43 degrees awarded), Kinesiology & Exercise Science (20 degrees), and General Psychology (14 degrees).

In 2020, 229 degrees were awarded across all undergraduate and graduate programs at Monmouth College. 49.8% of these degrees were awarded to women, and 50.2% awarded men. The most common race/ethnicity group of degree recipients was white (157 degrees), 6.83 times more than then the next closest race/ethnicity group, black or african american (23 degrees).

The median undergraduate tuition at Monmouth College is $41,330, which is $12,930 more than the national average for Baccalaureate Colleges ($28,400).

Baccalaureate Colleges: Arts & Sciences Focus Baccalaureate Colleges

Costs

The median undergraduate tuition at Monmouth College is $41,330, which is $12,930 more than the national average for Baccalaureate Colleges ($28,400).

After taking grants and loans into account, the average net price for students is $18,685.

In 2020, 100% of undergraduate students attending Monmouth College received financial aid through grants. Comparatively, 71% of undergraduate students received financial aid through loans.

Student Expenses

Tuition Costs

$41,330

2020 Undergraduate Tuition

In 2020, the cost of tuition at Monmouth College was $41,330. The cost of tuition at Monmouth College is $12,930 more than than the overall (public and private) national average for Baccalaureate Colleges ($28,400).

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

Average Net Price

$18,685

2020 Value

3.85%

1 Year Growth

In 2020 Monmouth College had an average net price — the price paid after factoring in grants and loans — of $18,685. Between 2019 and 2020, the average net price of Monmouth College grew by 3.85%.

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

$7,615

Room and Board

$1,200

Books and Supplies

The average yearly cost of room and board at Monmouth College was of $7,615 in 2020. During the same period, the average yearly cost of books and supplies was $1,200. The cost of room and board increased by 5.28% between 2019 and 2020. 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

Financial Aid by Income Level

100%

Undergraduates Receiving Financial Aid through Grants

71%

Undergraduates Receiving Financial Aid through Loans

100% of undergraduate students at Monmouth College received financial aid through grants or loans in 2020. This represents a growth of 0% with respect to 2019, 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.

2.39%

2018 Default Rate

Number of Defaults

In 2018 the default rate for borrower's at Monmouth College was 2.39%, which represents 9 out of the 377 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 2,663 undergraduate applications in 2020, which represents a 14.7% annual growth. Out of those 2,663 applicants, 1,849 students were accepted for enrollment, representing a 69.4% acceptance rate.

There were 860 students enrolled at Monmouth College in 2020, and 36% of first-time enrollees submitted SAT scores with their applications.

Monmouth College has an overall enrollment yield of 12.6%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

69.4%

Acceptance Rate in 2020

1,849

Accepted Out of 2,663

In 2020, the undergraduate acceptance rate of Monmouth College was 69.4% (1,849 admissions from 2,663 applications). This is higher than the acceptance rate of 2019, which was 66.7%. Between 2019 and 2020, the number of applicants grew by 14.7%, while admissions grew by 19.4%.

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

SAT Scores

36%

Submission Percentage

Scores Submitted

36% of enrolled first-time students at Monmouth College in 2020 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.

Enrollment

Monmouth College has a total enrollment of 860 students. The full-time enrollment at Monmouth College is 847 students and the part-time enrollment is 13. This means that 98.5% of students enrolled at Monmouth College are enrolled full-time.

The enrolled student population at Monmouth College, both undergraduate and graduate, is 66.6% White, 11.6% Hispanic or Latino, 8.84% Black or African American, 3.95% Two or More Races, 1.05% Asian, 0.349% American Indian or Alaska Native, and 0% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Monmouth College in full-time Undergraduate programs are most commonly White Female (36.4%), followed by White Male (30.6%) and Hispanic or Latino Female (6.14%). Students enrolled in full-time Graduate programs are most commonly N/A, followed by N/A and N/A.

Full-Time vs Part-Time Enrollment

98.5%

Full-Time Enrollment

The total enrollment at Monmouth College, both undergraduate and graduate, is 860 students. The full-time enrollment at Monmouth College is 847 and the part-time enrollment is 13. This means that 98.5% of students enrolled at Monmouth College are enrolled full-time compared with 80.1% 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

74%

2020 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 74%. Compared with the full-time retention rate at similar Baccalaureate Colleges (73%), Monmouth College had a retention rate higher 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

White
573
Hispanic or Latino
100
Black or African American
76

The enrolled student population at Monmouth College is 66.6% White, 11.6% Hispanic or Latino, 8.84% Black or African American, 3.95% Two or More Races, 1.05% Asian, 0.349% American Indian or Alaska Native, and 0% 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 Baccalaureate Colleges is 54.8% White, 13.8% Black or African American, and 13.4% Hispanic or Latino.

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, 42 students (4.88%) did not report their race.

Graduates

In 2020, 1 fewer women than men received degrees from Monmouth College. The most common race/ethnicity group of degree recipients at Monmouth College is white (157 degrees awarded). There were 6.83 times more white graduates than the next closest race/ethnicity group, black or african american (23 degrees).

The most common Bachelor's Degree concentration at Monmouth College is General Business Administration & Management (43 degrees awarded), followed by Kinesiology & Exercise Science (20 degrees) and General Psychology (14 degrees).

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 Language & Linguistics (15 degrees awarded), Parks, Recreation, & Leisure (23 degrees), and History (10 degrees).

Workforce

Common Jobs by Major

Lawyers, & judges, magistrates, & other judicial workers

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 Lawyers, & judges, magistrates, & other judicial workers (433,662 people), Other managers (356,527 people), Elementary & middle school teachers (290,495 people), Postsecondary teachers (175,433 people), and Chief executives & legislators (159,683 people).

The most specialized majors at Monmouth College are Language & Linguistics (15 degrees awarded), Parks, Recreation, & Leisure (23 degrees), History (10 degrees), Communications (20 degrees), and Social Sciences (34 degrees).

Highest Paying Jobs by Major

Nuclear medicine technologists and medical dosimetrists

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 Nuclear medicine technologists and medical dosimetrists, Surgeons, Clinical and counseling psychologists, Computer hardware engineers, and Entertainers & performers, sports & related workers, all other

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 (627,675 people), Colleges, universities & professional schools, including junior colleges (442,630 people), Legal services (350,201 people), Computer Systems Design (247,841 people), and General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (242,748 people).

Degrees

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

General Business Administration & Management
43 degree-majorss awarded
Kinesiology & Exercise Science
20 degree-majorss awarded
General Psychology
14 degree-majorss awarded

In 2020, the most common bachelors degree concentration at Monmouth College was General Business Administration & Management with 43 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

115

Degrees Awarded to Men

in 2020

114

Degrees Awarded to Women

in 2020

In 2020, 115 degrees were awarded to men at Monmouth College, which is 1.01 times more than the number of degrees awarded to females (114).

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

Most Common Male Majors

In 2020, 30 degrees were awarded to men at Monmouth College in General Business Administration & Management, which is 2.31 times more than the 13 female recipients with that same degree.

Most Common Female Majors

In 2020, 13 degrees were awarded to women at Monmouth College in General Business Administration & Management, which is 0.433 times less than the 30 male recipients with that same degree.

Time to Complete

46%

100% Completion Time

57%

150% Completion Time

In 2020, 46% of students graduating from Monmouth College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 57% completed their degrees within 150% of the normal time, and 58% 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.

Diversity

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 at Monmouth College is Male and Asian (100% graduation rate). Across all Baccalaureate Colleges, Asian Female students have the highest graduation rate (72.4%).

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, 1.32% of graduates (3 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity

White
157 degrees awarded
Black or African American
23 degrees awarded
Hispanic or Latino
21 degrees awarded

The most common race/ethnicity at Monmouth College is white (157 degrees awarded). There were 6.83 times more white recipients than the next closest race/ethnicity group, black or african american (23 degrees).

3.49% of degree recipients (8 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic

White Male
83 degrees awarded
White Female
74 degrees awarded
Black or African American Female
18 degrees awarded

The most common race/ethnicity and sex grouping at Monmouth College is white male (83 degrees awarded). There were 1.12 times more white male recipients than the next closest race/ethnicity group, white female (74 degrees).

Operations

Monmouth College has an endowment valued at nearly $115M, as of the end of the 2020 fiscal year. The return on its endowment was of $3.52M (3.07%), compared to the 2.06% average return ($820k on $39.8M) across all Baccalaureate Colleges.

In 2020, Monmouth College had a total salary expenditure of $37.1M. Monmouth College employs 33 Assistant professors, 28 Professors, and 18 Associate professors. Most academics at Monmouth College are Female Assistant professors (19), Female Professors(15), and Male Assistant professors (14).

The most common positions for non-instructional staff at Monmouth College are: Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 36 employees, Office and Administrative Support, with 21 employees, and Service with 19 employees.

Finances

Endowment

$115M

2020 Endowment

6.49%

decline from 2019

Monmouth College has an endowment valued at about $115M, as of the end of the 2020 fiscal year. The endowment of Monmouth College declined 6.49% from the previous year. The value of their endowment was $74.8M 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.

Government Grants and Contracts

Grants & Contracts

$1.08M - Federal
$0 - State
$0 - Local

As of 2020, Monmouth College received $1.08M in grants and contracts from the federal government, $0 from state grants and contracts, and $0 from local grants and contracts.

Expenses

Salary Expenditure

$15.4M

2020 Salaries

0.508%

growth from 2019

In 2020, Monmouth College paid a median of $15.4M in salaries, which represents 41.5% of their overall expenditure ($37.1M) and a 0.508% growth from the previous year. This is compared to a 0.706% growth from 2018 and a 1.85% growth from 2017.

The median for similar Baccalaureate Colleges is 15.4M (40.8% of overall expenditures).

Instructional Salaries

$5.43M

Instructional Salaries

Number of Employees

In 2020, Monmouth College paid a total of $5.43M to 89 employees working as instructors, which represents 35.3% of all salaries paid.

This is compared to a median of $4.78M (31%) for similar Baccalaureate Colleges.

Faculty and Staff

Occupations by Share

Assistant professor

Most Common Instructor

33 Employees

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

Most Common Non-Instructional Employee

36 Employees

In 2020, the most common positions for instructional staff at Monmouth College were Assistant professor with 33 employees; Professor with 28 employees; and Professor with 18 employees.

In 2020, the most common positions for non-instructional staff at Monmouth College were Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 36 employees; Office and Administrative Support with 21 employees; and Service with 19 employees.

Instructors by Academic Rank and Sex

Most Common Demographic

Female Assistant professor
Female Professor
Male Assistant professor

In 2020, the most common demographic for instructional staff at Monmouth College was Female Assistant professor with 19 employees, Female Professor with 15 employees, and Male Assistant professor with 14 employees.

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

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