Tuition, Cost & Aid
Affordability and Cost
Average Net Price Average net price for full-time, first-time degree/certificate-seeking undergraduates paying the in-state or in-district tuition rate who were awarded grant or scholarship aid from federal, state or local governments, or the institution. Other sources of grant aid are excluded. Aid awarded anytime during the full aid year is included.
Average net price is generated by subtracting the average amount of federal, state or local government, or institutional grant and scholarship aid from the total cost of attendance. Total cost of attendance is the sum of published tuition and required fees (lower of in-district or in-state), books and supplies and the weighted average room and board and other expenses.
Average net price is generated by subtracting the average amount of federal, state or local government, or institutional grant and scholarship aid from the total cost of attendance. Total cost of attendance is the sum of published tuition and required fees (lower of in-district or in-state), books and supplies and the weighted average room and board and other expenses.
$31,594
Average Net Price By Family Income
Tuition
| In-State Tuition In-state tuition is the tuition charged by institutions to those students who meet the state's or institution's residency requirements. In-district tuition is the tuition charged by the institution to those students residing in the locality in which they attend school and may be a lower rate than in-state tuition if offered by the institution. | $44,850 |
| Out-of-State Tuition Out-of-state tuition is the tuition charged by institutions to those students who do not meet the state's or institution's residency requirements. Out-of-district tuition is the tuition charged by the institution to those students not residing in the locality in which they attend school. | $44,850 |
Additional Costs
Room and Board The weighted average for room and board and other expenses is generated as follows:
| $17,738 |
| Books and Supplies | $1,000 |
| Tuition Payment Plan | Yes |
Financial Aid: visit page
Financial Aid Email: [email protected]
Aid & Grants
0
100
70%
Need Met
Students Receiving Gift Aid Percent of undergraduate students awarded federal gift aid. Federal gift aid includes any grant or scholarship aid awarded, from the federal government, a state or local government, the institution, and other sources known by the institution. Students Receiving Grants Percent of undergraduate students awarded grant aid. Grant aid includes any grant or scholarship aid awarded, from the federal government, a state or local government, the institution, and other sources known by the institution. Students receiving state aid Students receiving federal aid
30%
Average Aid Per Year
$28,366
30%
Average Federal Grant Aid Per Year
$4,866
Average Institution Grant Aid Per Year
$22,516
25%
Average State Grant Aid Per Year
$10,738
65%
Average Federal Grant Aid Per Year
$4,866
Average Grant & Scholarship By Family Income
Total Needs Based Scholarships/Grants Total amount of grant or scholarship aid awarded to all undergraduates from the federal government, state/local government, the institution, and other sources known to the institution.
$64,379,696
Total Non-Need-Based Scholarships/Grants
$15,799,821
Student Loans
Students Borrowing Loans Loans to students - Any monies that must be repaid to the lending institution for which the student is the designated borrower. Includes all Title IV subsidized and unsubsidized loans and all institutionally- and privately-sponsored loans. Does not include PLUS and other loans made directly to parents.
65%
Average Loan Amount Per Year
$10,722
Students receiving federal loans
63%
Average Federal Loans Per Year
$5,340
Average Other Loans Per Year
$22,044
Average Debt at Graduation The median federal debt of undergraduate borrowers who graduated. This figure includes only federal loans; it excludes private student loans and Parent PLUS loans.
$21,500
Loan Default Rate
6%
US National: 7%
Median Monthly Loan Payment The median monthly loan payment for student borrowers who completed, if it were repaid over 10 years at a 5.05% interest rate.
$258
What Students Are Saying
Considering the location (a mile from the beach), the quality of the classes, the amount of extracurricular opportunities, and the safety of the campus, I would say the students are getting bang for their buck. Monmouth may seem expensive on paper, but it offers a scholarships to almost every student ranging in $1,000- $14,000.
Stefania from Matawan, NJ
It isn't cheap going to school here but it's worth every penny. You are getting a top education while going to the beach!
Katelyn from Manville, NJ
There are many benefits of being at a private university. Each student gets a much individualized attention as needed. Professors and other resources help us to feel as though there is always help available if needed. If you are looking for a small campus that is easy to get around, Monmouth would be a great choice. They offer scholarships for high grades and there are many jobs available on campus.
Rachel
Although I would recommend MU to anyone, the only complaint I have about it is the cost of attendance. Even though MU is extremely generous with scholarships and grants freshman year...the years following make it a tight time. Even though I would usually agree with the fact that the university is completely worth $40,000 a year....I must say that with these tough financial times lately it is not the best idea.
Kelly from Edison, NJ
The campus is beautifully maintained and the facilities are always tip-top. If that's not enough to quantify the expenses, the amount of give-away's the campus has during events surely does.
Matthew-Donald from Niantic, CT
Monmouth is expensive, but all colleges are. It's hard to put a price on such an experience, though. The campus is beautiful, offers several activities, as well as opportunities to make spending a little easier on the wallet. Work study and Resident Assistant opportunities help cut costs of attending. Even though regular Fall/Spring semesters are expensive, I had no worries in applying for more aid to do Study Abroad in Spain one summer, which I highly recommend!
Justin from Gibbstown, NJ
Monmouth has a ton to offer in terms of socialization, but like I said before the education is lacking. Again, college is what YOU make it, so if you want more for your money, that's your responsibility. The resources are there-- they may just be hiding.
Tess from Colorado Springs, CO
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