Payback
EarningsPlus
Economic score
Montreat College is a private regional college located in Montreat, North Carolina. Montreat College is very inclusive in their admissions.
Return on educational investment at Montreat College is in the bottom 25% of all ranked schools. The median student earns $42,166 10 years after enrolling, 26th in North Carolina, and in the bottom 50% nationally. When adjusted for earning differences by major, Montreat College bachelor students earn 1% more than the national average.
Montreat College’s median net annual cost of $23,643 and average years to graduate of 4.5 are reported only at the school level. We assume these same costs and graduation time for all programs.
The top 2 programs at Montreat College sorted by number of graduates - Business Administration, Psychology, Other - are shown below.
Annual net cost
$23,643
Average years to graduate
4.5
When a school's graduation rate falls in the bottom 25% in the country, we do not display an economic ranking.
When a school's graduation rate falls in the bottom 25% in the country, we do not display an economic ranking.
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 2 graduate programs at Montreat College - Mental & Social Health Services, Business Administration - are shown below.
The average full-time graduate completes their degree in 4.5 years. 37% of all students graduate within 8 years including part-time students. The graduation rate at Montreat College is 19% lower than the state average, and 12% below the average for all regional colleges in the country.
At Montreat College, Pell Grant recipients represent 40% of the measured graduating class, 5% higher than the national average of 35%. The average Pell Grant recipient at Montreat College graduates within 4.4 years.
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.
Montreat College’s economic mobility score of 8.73 is calculated by adjusting the 6.96 economic score of lower-income students by the 40% pell grant recipients within the student body. Montreat College’s EMS of 8.73 ranks in the bottom 25% nationally. Please note that the economic mobility score considers only students that have graduated.
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 25%
The average Title IV recipient at Montreat College pays $23,643 a year, $18,572 less than the $42,215 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 $23,643
Much of the gap between net price and sticker price is filled by institutional and government grants. At Montreat College, 100% 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 $23,643 on average to be covered by the student – be it through loans or out of pocket. In total, 99% of students take out loans, federal or private, at an average amount of $10,927. This is 45% more than the national average.
Federal grants
$10,351
Pell grants
$4,481
State grants
$5,263
Institutional grants
$12,687
Montreat College offers 7 online bachelor programs, all of which are hybrid format. At the master’s level Montreat College offers 2 programs, both of which are in hybrid format. 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
9
Hybrid programs
9
Percentage of programs online
26%
Montreat College's very inclusive admissions are indicated by their 90% acceptance rate. In 2021, the school had 1,465 applicants, of which 1,322 were admitted and 212 enrolled. Montreat College doesn't have a rolling admissions policy, which means applications are reviewed after a hard admissions deadline.
Full time
70%
83%
Female
49%
59%
First time
51%
59%
In-state
56%
68%
1st generation
30%
35%
White
62%
52%
Black
15%
14%
Hispanic
8%
15%
Asian
1%
5%
American Indian
1%
1.6%
Pacific Islander
1%
0.3%
Other
12%
12%