Payback
EarningsPlus
Economic score
Monmouth University is a private regional university located in West Long Branch, New Jersey. Monmouth University is very inclusive in their admissions.
Return on educational investment at Monmouth University is in the top 50% of all ranked schools. The median student earns $59,513 10 years after enrolling, 11th in New Jersey, and in the top 25% nationally. When adjusted for earning differences by major, Monmouth University bachelor students earn 13% more than the national average. Monmouth University is ranked 15th in New Jersey.
Monmouth University’s median net annual cost of $29,877 and average years to graduate of 4.3 are reported only at the school level. We assume these same costs and graduation time for all programs.
The top 6 programs at Monmouth University sorted by number of graduates - Business Administration, Comms & Media Studies, Psychology, Criminal Justice, Biology, English Language & Lit - are shown below. To see more programs, click on "see additional programs".
Annual net cost
$29,877
Average years to graduate
4.3
Computer science
Rank: #179
Economic score: 2.45
Registered Nursing
Rank: #473
Economic score: 2.89
History
Rank: #146
Economic score: 5.39
Computer Engineering
Rank: #163
Economic score: 6.26
Chemistry
Rank: #146
Economic score: 6.51
Poli Sci/Government
Rank: #315
Economic score: 7.05
Fine & Studio Arts
Rank: #92
Economic score: 7.1
Social Work
Rank: #227
Economic score: 10.63
Music
Rank: #127
Economic score: 40.33
Sociology
Rank: #372
Economic score: 54.24
EarningPlus compares the three-year post graduate earnings to the median earnings of the same graduating class, with the same graduate degree. These 2 metrics, debt-to-earnings and EarningsPlus, are combined into an economic score. The lower the economic score the better.
The most popular 6 graduate programs at Monmouth University - Social Work, Business Administration, Registered Nursing, Education, Mental & Social Health Services, Special Education - are shown below. To see more programs, click on "see additional programs".
Computer Engineering
Rank: #10
Economic score: 0.31
History
Rank: #5
Economic score: 0.43
Educ. Administration
Rank: #179
Economic score: 0.48
English Language & Lit
Rank: #9
Economic score: 0.52
Criminal Justice
Rank: #40
Economic score: 0.62
Diagnostic, Intervention & Treatment
Rank: #23
Economic score: 0.63
Student Counseling
Rank: #142
Economic score: 0.88
Anthropology
Rank: #5
Economic score: 1.04
The average full-time graduate completes their degree in 4.3 years. 75% of all students graduate within 8 years including part-time students. The graduation rate at Monmouth University is 6% higher than the state average, and 18% above the average for all regional universities in the country.
At Monmouth University, Pell Grant recipients represent 31% of the measured graduating class, 4% lower than the national average of 35%. The average Pell Grant recipient at Monmouth University graduates within 4.4 years.
Monmouth University is in the top 25% of schools for graduating Pell recipients.
We calculate this performance by adjusting the graduation rate of Pell students by their percentage of the student body. This adjustment is made to prevent schools with large numbers of Pell students from underperforming in comparison to schools with few Pell students but high graduation rates.
Monmouth University’s economic mobility score of 23.53 is calculated by adjusting the 2.1 economic score of lower-income students by the 31% pell grant recipients within the student body. Monmouth University’s EMS of 23.53 ranks in the top 25% nationally.false
Economic Mobility
To calculate economic mobility of low-income (household earnings below $30,000) students, we adjust each institution’s economic score by their percentage of Pell Grant students. The logic of this Pell-adjusted calculation is derived from Third Way’s Economic Mobility Index (EMI).
Top 25%
The average Title IV recipient at Monmouth University pays $29,877 a year, $30,752 less than the $60,629 advertised. See below the cost breakdown for students who receive Title IV grants, broken down by income level.
Average net price
The average net price shown by income level for all students that receive Title IV aid. Calculated by deducting the average grant and scholarship aid from tuition, fees, books, and room and board. Limited to first-time, full-time students. Public institution figures are calculated using in-state tuition figures.
Median net price $29,877
Much of the gap between net price and sticker price is filled by institutional and government grants. At Monmouth University, 98% of students receive some grants and scholarships, compared to the national average of 87% for all colleges and universities. The average amount of federal, state, and institutional grants that students receive is shown on the right.
This leaves a total of $29,877 on average to be covered by the student – be it through loans or out of pocket. In total, 64% of students take out loans, federal or private, at an average amount of $8,968. This is 10% more than the national average.
Federal grants
$5,350
Pell grants
$5,153
State grants
$10,266
Institutional grants
$21,993
Monmouth University's very inclusive admissions are indicated by their 84% acceptance rate. In 2021, the school had 8,208 applicants, of which 6,857 were admitted and 954 enrolled. Monmouth University doesn't have a rolling admissions policy, which means applications are reviewed after a hard admissions deadline.
Full time
98%
83%
Female
59%
59%
First time
66%
59%
In-state
74%
68%
1st generation
32%
35%
White
69%
52%
Black
5%
14%
Hispanic
15%
15%
Asian
3%
5%
American Indian
N/A
1.6%
Pacific Islander
N/A
0.3%
Other
8%
12%