Monmouth University
West Long Branch, NJ 07764-1898 — Private Nonprofit
Value Score: 70/100 | ROI Score: -63 | Affordability Score: 55/100
Tuition (In-State): $46,552 | Out-of-State: $46,552
Acceptance Rate: 89.0% | Graduation Rate: 71.1% | Retention Rate: 79.9%
Median Earnings (10yr): $67,991 | Median Debt: $27,000
SAT Average: 1223 | ACT Midpoint: 24
Student Body Size: 3,684 (medium)
Pell Grant Recipients: 30.4% | Federal Loan Rate: 60.7%
Average Faculty Salary: $10,388/month
Tuition & Affordability Analysis
In-state tuition at Monmouth University is $46,552 per year, which is 18% above the national average for private institutions.
Out-of-state students pay $46,552/year — a premium of $0 over in-state rates. Over four years, out-of-state students pay approximately $0 more than their in-state peers.
Estimated four-year tuition cost: $186,208 (tuition only, not including room, board, and fees).
What You Actually Pay: Net Price by Family Income
The sticker price rarely reflects what families actually pay. After grants and scholarships, here is the average net price by family income bracket at Monmouth University:
- Families earning $0–$30,000: $18,924/year
- Families earning $30,001–$48,000: $19,404/year
- Families earning $48,001–$75,000: $25,331/year
- Families earning $75,001–$110,000: $33,773/year
- Families earning $110,000+: $39,015/year
Low-income families receive an average discount of $27,628/year, paying just 41% of the sticker price.
Admissions Snapshot
Monmouth University has an acceptance rate of 89.0%, placing it in the Open Admission (85%+) category. This means roughly 1,035 students apply each year.
Monmouth University accepts the majority of applicants, making it an accessible option for students across a range of academic backgrounds.
The average SAT score of admitted students is 1223, 15% above the national average. This reflects a strong academic student body.
The ACT midpoint is 24, 14% above the national average.
Graduate Outcomes & Return on Investment
71.1% of students at Monmouth University complete their degree, 15% above the national average. This is a solid graduation rate.
First-year retention rate: 79.9% (near the national average). This indicates most students are satisfied enough to return for sophomore year.
Graduates of Monmouth University earn a median salary of $67,991 ten years after enrollment, 66% above the national average. This represents a $32,991/year earnings premium over the average high school diploma holder, or $989,730 in additional lifetime earnings over a 30-year career.
The median student debt at graduation is $27,000, 26% above the national average. On a standard 10-year repayment plan at 5.5% interest, this translates to approximately $293/month, with a total repayment of $35,160 (including $8,160 in interest).
Debt-to-Earnings Ratio: 0.40x. This is an excellent ratio — graduates carry manageable debt relative to their earning power.
Breakeven Point: Based on the earnings premium over high school graduates, a degree from Monmouth University pays for itself in approximately 6 years. This is a reasonable investment timeline.
Financial Aid Profile
30.4% of students at Monmouth University receive Pell Grants (federal need-based aid for families earning under ~$60,000), 8% below the national average. This is near the national average, reflecting a typical economic diversity among the student body.
60.7% of students take federal loans, 29% above the national average. This high borrowing rate means most students need loans to attend. Factor loan payments into your decision carefully.
Average faculty salary: $10,388/month, 19% above the national average. Higher faculty salaries generally indicate greater investment in teaching quality and ability to attract experienced professors.
Student Body & Campus Diversity
Monmouth University enrolls 3,684 undergraduate students. This mid-sized institution offers a balance between personalized attention and diverse academic offerings.
Diversity Index: 51/100 (higher = more diverse). The campus has moderate diversity.
Student body composition: White 67%, Hispanic 18%, Black 5%, Asian 2%.
Monmouth University: Strong Graduation Rates and Earnings Potential
- Monmouth University: Coastal Charm Meets Career Launchpad
- Beyond the Beach: Analyzing Monmouth University's Post-Graduation Success
- Is Monmouth University Worth the Investment? A Deep Dive into Value and Outcomes
Report Card: Overall Grade C-
Monmouth University receives an overall grade of C- based on six dimensions:
- Academics: C
- Value: F
- Outcomes: B+
- Affordability: C-
College Analysis
Monmouth University is a Private Nonprofit institution in West Long Branch, NJ with approximately 3,684 students. Monmouth University has a strong graduation rate and decent earnings potential for graduates. The university offers a medium-sized campus with a diverse student body, including a significant proportion of white students. Monmouth University has a relatively high tuition rate, which may affect its affordability.
The Verdict: Is Monmouth University Worth It?
Monmouth University presents a complex value proposition. With a median 10-year earning of $67,991 against an in-state tuition of $46,552 and median debt of $27,000, the return on investment (ROI) score of -63 suggests a challenging financial payoff. The cost of attendance, even for one year, is substantial relative to the median earnings. To recoup the $27,000 in median debt, assuming a significant portion of earnings goes towards repayment, could take several years. If we consider the total cost of a four-year degree (roughly $186,208 in tuition alone), the median 10-year earnings fall short of covering this initial investment without accounting for living expenses and interest. While the university offers a good student experience and access to the New York/New Jersey job market, the financial metrics indicate that it is likely overpriced for the average graduate. Students would need to secure high-paying jobs immediately upon graduation or pursue further education to justify the cost. It is not a hidden gem and appears to be an expensive option given the median outcomes.
Return on Investment
While the degree from Monmouth University is valuable, the high tuition may not provide a strong return on investment for all students.
Debt Reality Check
Median student debt at Monmouth University: $27,000. Monthly payment on a standard 10-year plan: $307/month. Total repaid: $36,840 ($9,840 in interest).
Breakeven vs high school diploma: 0.7 years. Debt burden: Manageable. Salary needed for comfortable repayment: $36,840.
Strengths
- Strong graduation rate and earnings potential.
- Diverse student body with a significant white population.
Weaknesses
- High tuition rate.
- Limited diversity in the student body.
Academic Profile
SAT Average: 1223. ACT Midpoint: 24. Retention Rate: 79.9%.
Monmouth University's academic landscape is characterized by a commitment to personalized learning and practical experience, particularly evident in its strong business, communication, and health sciences programs. The Leon Hess Business School is a standout, offering specialized tracks and strong internship connections. Similarly, the Wayne D. McMurray School of Humanities and Social Sciences and the School of Science boast robust offerings, with programs like Political Science and Psychology frequently attracting students. Research opportunities are accessible, especially for undergraduates, with faculty actively encouraging student involvement in projects, often leading to presentations at conferences or co-authorship on publications. While specific faculty salary data isn't provided, the university's private, nonprofit status and location suggest a competitive environment for attracting qualified educators. The student-faculty ratio, though not explicitly stated, is generally considered manageable at schools of Monmouth's size, allowing for more direct interaction with professors. The Sarah W. Sterling Scholarship Program serves as the university's honors college, providing enriched academic experiences, smaller class sizes, and priority registration for high-achieving students. Monmouth also emphasizes global learning through a variety of study abroad programs, allowing students to gain international perspectives. Academic support is robust, with the Academic Success Center offering tutoring, writing assistance, and academic coaching to ensure students have the resources they need to succeed.
Financial Aid Guide for Monmouth University
Pell Grant recipients: 30.4%. Students taking federal loans: 60.7%.
Navigating financial aid at Monmouth University involves understanding both merit-based and need-based opportunities. As a private institution, Monmouth offers a significant amount of institutional aid, with merit scholarships being a key component for many incoming students. These scholarships are often awarded automatically based on academic achievements like GPA and standardized test scores (though these are not currently required for admission). For students demonstrating financial need, Monmouth provides need-based grants and institutional aid, which are determined through the FAFSA and CSS Profile. Typical aid packages can vary widely, but for families with incomes below $75,000, it's not uncommon to see institutional grants and scholarships covering a substantial portion of the $46,552 tuition, potentially reducing the net cost significantly. Work-study opportunities are also available, offering students the chance to earn money through on-campus employment. When considering scholarships, prospective students should explore departmental scholarships and external scholarship opportunities, as these can further reduce the financial burden. While Monmouth is generally receptive to aid negotiations, especially for students with competing offers from similar institutions or with documented changes in financial circumstances, it's crucial to present a well-reasoned case with supporting documentation. It's advisable to apply early for financial aid to maximize eligibility for all available funds.
Hidden Costs at Monmouth University
- Room and board costs can range from approximately $15,000 to $18,000 annually, depending on the chosen housing and meal plan.
- Textbooks and course materials can add an estimated $1,000 to $1,500 per academic year.
- Student activity fees, technology fees, and other miscellaneous university fees can total around $1,000 to $1,500 per year.
- Transportation costs, including commuting or travel to and from home, can vary significantly but budget at least $500-$1,000 annually.
- Parking permits for students living off-campus or commuting can cost between $200 and $400 per year.
- Personal expenses such as toiletries, laundry, entertainment, and snacks can easily add $2,000 to $3,000 per year.
- Health insurance, if not covered by a parent's plan, can cost upwards of $2,500 annually.
Alumni Outcomes & Career Paths
Monmouth University graduates enter a diverse job market, with many finding opportunities within the vibrant New Jersey and New York metropolitan areas. Major employers that frequently recruit from Monmouth include healthcare systems like Hackensack Meridian Health and RWJBarnabas Health, financial institutions such as JP Morgan Chase and Wells Fargo, and technology firms like IBM and ADP. Alumni tend to cluster in industries such as healthcare, finance, education, marketing, and technology. The university also boasts strong placement in graduate and professional schools, with alumni pursuing advanced degrees in law, medicine, and business at institutions like Seton Hall University School of Law, Rutgers New Jersey Medical School, and various MBA programs. While specific internship pipelines are not always publicly detailed, the university's location facilitates access to internships with companies across the region. Notable alumni include figures like Jon Bon Jovi, a globally recognized musician and philanthropist, and various successful professionals in business and media. Career services at Monmouth are generally well-regarded, offering resume workshops, career fairs, and individual counseling to help students navigate their post-graduation paths. Geographic hiring patterns show a strong concentration of alumni working within a 50-mile radius of the campus, particularly in Monmouth, Ocean, Middlesex, and Union counties in New Jersey, as well as extending into New York City and its surrounding suburbs.
Campus Life & Culture at Monmouth University
Monmouth University attracts a diverse student body, with a significant portion of students coming from New Jersey and the surrounding tri-state area, though a growing number enroll from out-of-state. The university fosters an environment where engaged, community-oriented students who value personalized attention and a blend of academic rigor with social opportunities tend to thrive.
Monmouth University, nestled in West Long Branch, NJ, offers a vibrant campus experience that blends a close-knit community feel with access to the Jersey Shore's attractions. The 'vibe' here is often described as friendly and engaged, with students appreciating the relatively small size that fosters strong connections. Housing is primarily on-campus for freshmen and sophomores, with options ranging from traditional dorms in the Great Hall and Cedar Hall to apartment-style living in the modern Residence Enterprise and Innovation (REI) buildings. Many students also find off-campus housing in the surrounding neighborhoods, which are popular for their proximity to the beach and local amenities. Dining services are managed by Sodexo, offering a variety of dining halls and retail locations across campus, including the popular Rebecca's which provides a more upscale dining experience. Student organizations are plentiful, covering a wide spectrum of interests from academic clubs and cultural groups to service organizations and the student government. Greek life is present, with several fraternities and sororities contributing to the social fabric, though it's not the dominant force on campus. Athletics are a significant part of Monmouth's identity, with the Hawks competing in the Colonial Athletic Association (CAA) across various NCAA Division I sports. The campus itself is beautiful, featuring the iconic Great Hall, a historic mansion that serves as the university's centerpiece, and ample green spaces perfect for studying or socializing. Traditions like the annual 'Founder's Day' celebration and 'Homecoming' events bring the community together, reinforcing a sense of belonging and school spirit.
Campus Highlights
- The iconic Great Hall, a historic mansion serving as the university's centerpiece.
- Proximity to the Jersey Shore, offering unique recreational and internship opportunities.
- A strong emphasis on experiential learning through internships and community engagement.
- The modern Residence Enterprise and Innovation (REI) buildings offering apartment-style living.
- NCAA Division I athletics, fostering school spirit and a competitive environment.
- A beautiful, well-maintained campus with ample green spaces and modern facilities.
- The 'Monmouth Experience' which emphasizes personal growth and career preparation.
Location & Regional Advantages
Monmouth University's location in West Long Branch, New Jersey, offers a strategic advantage for students seeking career opportunities in the bustling Northeast corridor. The local job market is robust, benefiting from proximity to major economic hubs like New York City and Philadelphia, both within a manageable commute or short drive. This proximity provides access to a vast array of industries, including finance, technology, pharmaceuticals, healthcare, and media. The cost of living in the immediate West Long Branch area is moderate compared to major urban centers, offering a more affordable lifestyle while still being close to high-paying job markets. New Jersey itself is a hub for the pharmaceutical and healthcare industries, with numerous corporate headquarters and research facilities. The quality of life is enhanced by the Jersey Shore's beaches and recreational opportunities, offering a desirable lifestyle balance. While weather is typical of the Mid-Atlantic region, with four distinct seasons, the area is generally considered safe and family-friendly. The geographic advantage is clear: students can leverage the resources and opportunities of a major metropolitan area while enjoying a more suburban and coastal living experience, which can translate into strong internship and post-graduation employment prospects.
How to Get Into Monmouth University
Monmouth University's admission rate of 89.0% suggests a moderately selective admissions process, where a strong academic record and demonstrated interest are key. While Early Decision (ED) and Early Action (EA) are not explicitly detailed as having significant advantages, applying earlier in the cycle is always recommended to ensure full consideration for both admission and financial aid. The admissions committee looks for well-rounded applicants who show potential for success both academically and within the campus community. While SAT/ACT scores are not currently a requirement, strong performance in high school coursework, reflected in your GPA, is crucial. Focus on challenging yourself with AP or honors classes if available. Essays are an important component; aim for a personal narrative that showcases your unique qualities, resilience, or a passion that aligns with Monmouth's values. Demonstrated interest can be shown through campus visits (virtual or in-person), attending information sessions, and engaging with admissions counselors. The ideal timeline involves having your application, transcripts, and any required essays submitted by the priority deadlines, typically in late fall or early winter, to be considered for the following academic year.
How Monmouth University Compares to Similar Schools
Similar schools: Fairfield University, Villanova University, Sacred Heart University, Saint Joseph's University
Advantages
- Stronger alumni network presence in the immediate New Jersey/NYC metro area compared to some peers.
- Proximity to the Jersey Shore offers a unique lifestyle advantage for students.
- More accessible admission rate compared to highly selective peers, potentially offering a broader range of student profiles.
Disadvantages
- Lower median graduate earnings compared to some more established or specialized institutions.
- The ROI score is notably lower than many comparable private universities.
- Less national brand recognition compared to larger or more historically prominent universities.
Best For
- Prospective students who prioritize affordability and are not willing to pay high tuition may want to consider other options.
- Students looking for a more diverse student body may find Monmouth University less appealing.
Avoid If
- Students seeking a lower-cost alternative to Monmouth University may want to explore other private non-profit institutions in the region.
- Those looking for a more diverse campus environment might consider public institutions or those with a higher percentage of minority students.
Frequently Asked Questions about Monmouth University
How much does it cost to attend Monmouth University?
In-state tuition at Monmouth University is $46,552 per year, and out-of-state tuition is $46,552 per year. The median student debt at graduation is $27,000.
What is the acceptance rate at Monmouth University?
Monmouth University has an acceptance rate of 89.0%.
What is the graduation rate at Monmouth University?
Monmouth University has a graduation rate of 71.1%.
How much do Monmouth University graduates earn?
The median earnings for Monmouth University graduates 10 years after enrollment is $67,991. With median debt of $27,000, graduates earn roughly 2.5x their debt level annually.
How big is Monmouth University?
Monmouth University has approximately 3,684 students and is classified as a medium institution. It is located in West Long Branch, NJ and is a Private Nonprofit institution.
Is Monmouth University worth the cost?
Monmouth University has an ROI score of -63 out of 100. With in-state tuition of $46,552 per year and median post-graduation earnings of $67,991, the data suggests the return on investment may be below average.
Where is Monmouth University located?
Monmouth University is located in West Long Branch, NJ. It is a Private Nonprofit institution with approximately 3,684 students.
How much student debt do Monmouth University graduates have?
The median student debt for Monmouth University graduates is $27,000. With median earnings of $67,991 ten years after enrollment, graduates can expect a debt-to-income ratio of 40%.
Is Monmouth University a good college?
Monmouth University has a graduation rate of 71.1% and median post-graduation earnings of $67,991. Graduation rate of 71.11% is above the national average for private non-profit institutions.
How does Monmouth University compare to similar colleges?
Median earnings 10 years after graduation are $67,991, indicating a good return on investment. Compared to peer institutions, Monmouth University offers a strong graduation rate and decent earnings potential, but its high tuition may be a drawback.
What career prospects do Monmouth University graduates have?
Graduates of Monmouth University are well-positioned for careers in various fields, given the university's strong academic performance and earnings potential.
What should prospective students know about Monmouth University?
Monmouth University holds a competitive position in the market, offering a mix of strong academic outcomes and high tuition, which may appeal to students willing to invest in a quality education.
What makes Monmouth University stand out?
The student body is predominantly white, with only 5.4% black and 18.08% Hispanic students.
What are the pros and cons of attending Monmouth University?
Tuition is high at $46,552 out-of-state, which may limit accessibility.
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View on College Scorecard (Dept. of Education)
Analysis based on U.S. Department of Education data. Not enrollment advice. Verify information with the institution directly.