Payback
EarningsPlus
Economic score
Monroe College is a for-profit regional university located in Bronx, New York. Monroe College is selective in their admissions.
Return on educational investment at Monroe College is in the top 50% of all ranked schools. The median student earns $36,297 10 years after enrolling, 120th in New York, and in the bottom 10% nationally. When adjusted for earning differences by major, Monroe College bachelor students earn 12% less than the national average.
Monroe College’s median net annual cost of $12,239 and average years to graduate of 3.3 are reported only at the school level. We assume these same costs and graduation time for all programs.
The top 6 programs at Monroe College sorted by number of graduates - Criminal Justice, Public Health, Business Administration, Hospitality Mgmt., Computer and Information Sciences, Accounting - are shown below. To see more programs, click on "see additional programs".
Annual net cost
$12,239
Average years to graduate
3.3
Education
Rank: #414
Economic score: 8.75
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 3 graduate programs at Monroe College - Business Administration, Public Health, Criminal Justice - are shown below.
The average full-time graduate completes their degree in 3.3 years. 57% of all students graduate within 8 years including part-time students. The graduation rate at Monroe College is 9% lower than the state average, and 0% below the average for all regional universities in the country.
At Monroe College, Pell Grant recipients represent 35% of the measured graduating class, equal to the national average of 35%. The average Pell Grant recipient at Monroe College graduates within 4.1 years.
Monroe College is in the top 50% 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.
Monroe College’s economic mobility score of 11.82 is calculated by adjusting the 5.06 economic score of lower-income students by the 35% pell grant recipients within the student body. Monroe College’s EMS of 11.82 ranks in the bottom 50% 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).
Bottom 50%
The average Title IV recipient at Monroe College pays $12,239 a year, $21,297 less than the $33,536 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 $12,239
Much of the gap between net price and sticker price is filled by institutional and government grants. At Monroe College, 93% 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 $12,239 on average to be covered by the student – be it through loans or out of pocket. In total, 41% of students take out loans, federal or private, at an average amount of $5,812. This is 13% less than the national average.
Federal grants
$5,812
Pell grants
$4,953
State grants
$4,265
Institutional grants
$4,775
Monroe College offers 13 online bachelor programs, 12 of which are held exclusively online. At the master’s level Monroe College offers 8 programs, all of which are held exclusively online. We use the IPEDS July '20 — July '21 Distance Education report to determine which programs are online. EarningsPlus data is provided when available.
Online programs
21
Hybrid programs
1
Percentage of programs online
91%
Monroe College's selective admissions are indicated by their 39% acceptance rate. In 2021, the school had 3,845 applicants, of which 1,505 were admitted and 889 enrolled. Monroe College has a rolling admissions policy, which means applications are reviewed as they arrive until all spaces are filled.
While Monroe College has a recommended testing policy, their average test scores are not made public.
Full time
85%
83%
Female
61%
59%
First time
80%
59%
In-state
85%
68%
1st generation
49%
35%
White
3%
52%
Black
42%
14%
Hispanic
44%
15%
Asian
2%
5%
American Indian
N/A
1.6%
Pacific Islander
N/A
0.3%
Other
9%
12%