Monmouth College

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2024 Undergraduate Tuition
$44,672
3.12% growth from 2023
2024 Average Net Price
$17,768
After Financial Aid
2024 Acceptance Rate
90.9%
1,577 Applicants
2024 Enrolled Students
713
98.5% Full-Time
2024 Graduation Rate
64.6%
157 Graduates

About

Monmouth College is a higher education institution located in Warren County, IL. In 2024, the most popular Bachelors Degree concentrations at Monmouth College were General Business Administration & Management (29 degrees awarded), Kinesiology & Exercise Science (23 degrees), and General Psychology (19 degrees).

In 2024, 216 degrees were awarded across all undergraduate and graduate programs at Monmouth College. 55.1% of these degrees were awarded to women, and 44.9% awarded men. The most common race/ethnicity group of degree recipients was white (144 degrees), 4.24 times more than then the next closest race/ethnicity group, hispanic or latino (34 degrees).

The median undergraduate tuition at Monmouth College is $44,672, which is $14,684 more than the national average for Baccalaureate Colleges ($29,988).

Costs

In 2024, the median undergraduate tuition at Monmouth College is $44,672, which is $14,684 more than the national average for Baccalaureate Colleges ($29,988).

After taking grants and loans into account, the average net price for students is $17,768.

In 2024, 100% of undergraduate students attending Monmouth College received financial aid through grants. Comparatively, 75% of undergraduate students received financial aid through loans.

Tuition Costs

$44,672
2024 Undergraduate Tuition

In 2024, the cost of tuition at Monmouth College was $44,672. The cost of tuition at Monmouth College is $14,684 more than than the overall (public and private) national average for Baccalaureate Colleges ($29,988).

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Average Net Price

$17,768
2024 Value
6.92%
1 Year Growth

In 2024 Monmouth College had an average net price — the price paid after factoring in grants and loans — of $17,768. Between 2023 and 2024, the average net price of Monmouth College grew by 6.92%.

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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

$11,108
Room and Board
$900
Books and Supplies

The average yearly cost of room and board at Monmouth College was of $11,108 in 2024. The cost of room and board increased by 22.1% between 2023 and 2024.

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.

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Financial Aid by Income Level

100%
Undergraduates Receiving Financial Aid through Grants
75%
Undergraduates Receiving Financial Aid through Loans

100% of undergraduate students at Monmouth College received financial aid through grants or loans in 2024. This represents a growth of 0% with respect to 2023, 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.

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Admissions

Monmouth College received 1,577 undergraduate applications in 2024, which represents a 2.29% annual growth. Out of those 1,577 applicants, 1,434 students were accepted for enrollment, representing a 90.9% acceptance rate.

There were 713 students enrolled at Monmouth College in 2024. 21% of first-time enrollees submitted SAT scores with their applications.

Monmouth College has an overall enrollment yield of 13.9%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

90.9%
Acceptance Rate in 2024
1,434
Accepted Out of 1,577

In 2024, the undergraduate acceptance rate of Monmouth College was 90.9% (1,434 admissions from 1,577 applications). This is higher than the acceptance rate of 2023, which was 86.6%. Between 2023 and 2024, the number of applicants declined by 2.29%, while admissions grew by 2.58%.

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.

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SAT Scores

21%
Submission Percentage (2024)
42
Scores Submitted (2024)

21% of enrolled first-time students at Monmouth College in 2024 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.

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Enrollment

Monmouth College had a total enrollment of 713 students in 2024. The full-time enrollment at Monmouth College is 702 students and the part-time enrollment is 11. 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 69.8% White, 10.7% Hispanic or Latino, 9.82% Black or African American, 3.37% Two or More Races, 1.68% Asian, and 0.421% American Indian or Alaska Native.

Students enrolled at Monmouth College in full-time Undergraduate programs are most commonly White Female (35.8%), followed by White Male (33.8%) and Black or African American Male (7.78%).

Full-Time vs Part-Time Enrollment

98.5%
Full-Time Enrollment

The total enrollment at Monmouth College in 2024, both undergraduate and graduate, is 713 students. The full-time enrollment at Monmouth College is 702 and the part-time enrollment is 11. This means that 98.5% of students enrolled at Monmouth College are enrolled full-time compared with 78.4% at similar Baccalaureate Colleges.

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

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Retention Rate over Time

74%
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 Monmouth College was 74%. Compared with the full-time retention rate at similar Baccalaureate Colleges (75%), 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.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2024)
  1. White
    498 enrolled students
  2. Hispanic or Latino
    76 enrolled students
  3. Black or African American
    70 enrolled students

The enrolled student population at Monmouth College is 69.8% White, 10.7% Hispanic or Latino, 9.82% Black or African American, 3.37% Two or More Races, 1.68% Asian, and 0.421% 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 51.9% White, 13.9% 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, 26 students (3.65%) did not report their race.

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Graduates

In 2024, 22 more women than men received degrees from Monmouth College. The most common race/ethnicity group of degree recipients at Monmouth College is white (144 degrees awarded). There were 4.24 times more white recipients than the next closest race/ethnicity group, hispanic or latino (34 degrees).

The most common Bachelor's Degree concentration at Monmouth College is General Business Administration & Management (29 degrees awarded), followed by Kinesiology & Exercise Science (23 degrees) and General Psychology (19 degrees).

In 2024,  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 (23 degrees awarded), Physical Sciences (15 degrees), and Philosophy and Religious Studies (3 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 Monmouth College are Other managers (243,764 people), Elementary & middle school teachers (153,180 people), Postsecondary teachers (152,807 people), Secondary school teachers (110,409 people), and Lawyers, & judges, magistrates, & other judicial workers (108,580 people).

The most specialized majors at Monmouth College in 2024 are Parks, Recreation, & Leisure (23 degrees awarded), Physical Sciences (15 degrees), Philosophy and Religious Studies (3 degrees), Communications (16 degrees), and Language & Linguistics (3 degrees) (as of 2024).

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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 Monmouth College are Magnetic resonance imaging technologists, Surgeons, Cardiovascular technologists and technicians, Economists, and Securities, commodities, & financial services sales agents

The most specialized majors at Monmouth College are Parks, Recreation, & Leisure (23 degrees awarded), Physical Sciences (15 degrees), Philosophy and Religious Studies (3 degrees), Communications (16 degrees), and Language & Linguistics (3 degrees) (as of 2024).

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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 Monmouth College are Elementary & secondary schools (407,148 people), Colleges, universities & professional schools, including junior colleges (372,452 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (228,341 people), Computer Systems Design (215,081 people), and Management, scientific & technical consulting services (128,158 people).

The most specialized majors at Monmouth College are Parks, Recreation, & Leisure (23 degrees awarded), Physical Sciences (15 degrees), Philosophy and Religious Studies (3 degrees), Communications (16 degrees), and Language & Linguistics (3 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 Monmouth College.
Most Common (2024)
  1. 29 degrees awarded
  2. 23 degrees awarded
  3. 19 degrees awarded

In 2024, 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.

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Sex Breakdown for Common Majors

97
Degrees Awarded to Men
in 2024
119
Degrees Awarded to Women
in 2024

In 2024, 97 degrees were awarded to men at Monmouth College, which is 0.815 times less than the number of degrees awarded to females (119).

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

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Most Common Male Majors

In 2024, 19 degrees were awarded to men at Monmouth College in General Business Administration & Management, which is 1.9 times more than the 10 female recipients with that same degree.

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Most Common Female Majors

In 2024, 16 degrees were awarded to men at Monmouth College in General Psychology, which is 5.33 times more than the 3 male recipients with that same degree.

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Time to Complete

51%
100% Completion Time
57%
150% Completion Time

In 2024, 51% 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.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2024)
  1. White
    144 degrees awarded
  2. Hispanic or Latino
    34 degrees awarded
  3. Black or African American
    16 degrees awarded

The most common race/ethnicity at Monmouth College is white (144 degrees awarded). There were 4.24 times more white recipients than the next closest race/ethnicity group, hispanic or latino (34 degrees).

0.463% of degree recipients (1 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2024)
  1. White Female
    84 degrees awarded
  2. White Male
    60 degrees awarded
  3. Hispanic or Latino Female
    20 degrees awarded

The most common race/ethnicity and sex grouping at Monmouth College is white female (84 degrees awarded). There were 1.4 times more white female recipients than the next closest race/ethnicity group, white male (60 degrees).

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Operations

Monmouth College has an endowment valued at nearly $142M, as of the end of the 2024 fiscal year. The return on its endowment was of 16.8M (11.8%) compared to the 8.99% average return (4.98M on 55.4M) across all Baccalaureate Colleges.

In 2024, Monmouth College had a total salary expenditure of 37.5M. Monmouth College employs 23 Assistant professors, 21 Professors and 11 Lecturers. Most academics at Monmouth College are Male Assistant professor (14), Male Professor (12), and Female Professor (9).

The most common positions for non-instructional staff at Monmouth College are: Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 37 employees, Service, with 24 employees, and Management with 18 employees.

Endowment

$142M
2024 Endowment
13.8%
growth from 2023

Monmouth College has an endowment valued at about $142M, as of the end of the 2024 fiscal year. The endowment of Monmouth College grew 13.8% from the previous year. The value of their endowment was $86.6M 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.

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Salary Expenditure

$13.6M
2024 Salaries
0%
growth from 2023

In 2024, Monmouth College paid a median of $13.6M in salaries, which represents 36.3% of their overall expenditure ($37.5M) and a 0% growth from the previous year.

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Instructional Salaries

$4.03M
Instructional Salaries
65
Number of Employees

In 2024, Monmouth College paid a total of $4.03M to 65 employees working as instructors, which represents 29.6% of all salaries paid.

This is compared to a median of $556k (3.18%) for similar Baccalaureate Colleges.

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Occupations by Share

In 2024, the most common positions for non-instructional staff at Monmouth College were Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 37 employees, Service with 24 employees, and Management with 18 employees.

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