Cost & financial aid brief

Monmouth University Tuition, Costs & Financial Aid

Updated

How much does Monmouth University cost after financial aid?

Monmouth University publishes a cost of attendance of $62,904, an average across living arrangements. Tuition and fees are $46,552 and room and board are $17,698.

For the average aid recipient, grants and scholarships reduce that sticker price by $31,916, leaving an average net price of $30,988. That net price is $3,617 above the $27,371 median for comparable institutions (same type and size).

Azimuth ranks the university #1,290 for affordability among nonprofit four-year institutions. That places the affordability in the 9th percentile, the weakest of the four pillars for this school.

The published cost of attendance at Monmouth University is $62,904 (an average across living arrangements), though aid recipients pay far less. The average net price is $30,988, $3,617 above the median at comparable institutions (same type and size).

By family income, the runs from $18,924 for families earning under $30,000 to $39,015 for those earning over $110,000. Federal debt for completers who borrowed runs to a median of $27,000, $2,801 above the peer median.

The affordability pillar is at the 9th percentile among nonprofit four-year institutions.

Average net prices vary widely by family income after grants and scholarships. For families earning under thirty thousand dollars, the average net price is $18,924; from thirty thousand and one dollars to forty-eight thousand dollars, it is $19,404; from forty-eight thousand and one dollars to seventy-five thousand dollars, $25,331; from seventy-five thousand and one dollars to one hundred ten thousand dollars, $33,773; and above one hundred ten thousand dollars, $39,015.

Pell Grants go to 30.4% of undergraduates, providing financial-access context for the lowest band. The spread between the lowest and highest bands is $20,091.

Average net price by family income
$0–30K
$18,924
$30–48K
$19,404
$48–75K
$25,331
$75–110K
$33,773
$110K+
$39,015

Averages within each income band; individual aid packages vary.

Overall average annual net price: $30,988. After grants and scholarships, including living costs. Source and coverage.

At Monmouth University, the published cost of attendance is $62,904 (an average across living arrangements), but the average aid recipient pays $30,988 after grants and scholarships. Aid covers about 51% of the published cost for the average aid recipient, a discount of $31,916.

The pattern across income bands shows that net prices are lowest for lower-income families. The average net price for aid recipients from families earning under $30,000 is $18,924, rising to $39,015 for those earning over $110,000, a spread of $20,091 between the two ends.

The middle bands sit between these figures, with families earning $30,001 to $48,000 averaging $19,404, those earning $48,001 to $75,000 averaging $25,331, and those earning $75,001 to $110,000 averaging $33,773. The sticker-to-net gap is substantial, and the resulting net prices remain above the peer benchmark for comparable institutions.

For aid recipients, Monmouth University presents a wide range of prices across family-income bands against a published cost of attendance of $62,904 (an average across living arrangements). The average net price, what aid recipients pay after grants and scholarships, is $18,924 in the lowest family-income band; $19,404 in the next band; $25,331 in the middle band; $33,773 in the next-highest band; and $39,015 in the highest band.

The spread between the lowest and highest bands is $20,091. Azimuth ranks the university #1,290 for affordability among nonprofit four-year institutions.

Aid covers about 51% of the published cost for the average aid recipient, an average savings of $31,916. Across all aid recipients, the average net price is $30,988, which is $3,617 above the peer median of $27,371 at comparable institutions (same type and size).

Published tuition and fees are $46,552. Aid offsets much of the sticker price on average, though the net price remains above the comparable-institution median.

Among federal student loan borrowers who complete, median debt is $27,000, and 93.8% of federal aid recipients take federal loans. That median is $2,801 above the peer median debt of $24,199 at comparable institutions (same type and size).

That debt corresponds to an estimated payment of $307 a month if repaid over ten years. Among parent borrowers, median Parent PLUS borrowing is $49,390.

Student loans: what does repayment look like?

At Monmouth University, 93.8% of federal aid recipients take federal loans, so borrowing is a central part of the cost picture. For federal-loan borrowers who completed, median federal student loan debt is $27,000.

The peer median for comparable institutions (same type and size) is $24,199, with Monmouth's median $2,801 above that figure. For the separate parent-borrower population, median Parent PLUS borrowing is $49,390.

Monmouth University presents a mixed investment picture: earnings measures sit in stronger territory, while borrowing is above its peer benchmark. Four years after completion, federally aided completers working and not enrolled have median earnings of $68,968.

Azimuth places those earnings in the 74th percentile among nonprofit four-year institutions. Earnings beyond expectations, the gap between what graduates earn and what expects for similar students, offers another positive measure.

Graduates earn about $1,806 more than the model expects for similar students. Azimuth places that measure in the 61st percentile among nonprofit four-year institutions.

Earnings scenarios range from $57,505 in the downside scenario to $83,227 in the upside scenario, with $68,968 as the typical scenario. Median federal student loan debt at completion is $27,000, compared with $24,199 at comparable institutions of the same type and size; it is $2,801 above the peer median.

That debt corresponds to an estimated payment of $307 a month if repaid over ten years. The earnings measures and debt comparison point in different directions.

Parent borrowing adds a separate consideration alongside federal student loans. For parent borrowers, median Parent PLUS borrowing was $49,390.

The median federal student debt corresponds to an estimated payment of $307 a month if repaid over ten years.

Repayment figures are in the Financial GPS card below. Borrowing populations and model assumptions.

Parent loans: what can the family afford?

How Parent PLUS borrowing affects families

Median Parent PLUS debt
$49,390
Estimated parent payment
$628/mo
Modeled Parent PLUS pressure by income
IncomeRisk level
$35,000High pressure
$50,000High pressure
$75,000High pressure
$100,000High pressure
$150,000Caution
$200,000Safe

The model holds the parent balance fixed and varies parent income. Read the assumptions and limits.

Student and parent loans: the monthly payments

Financial GPS

What does repayment look like?

Institution median student debt
$27,000
Institution Parent PLUS debt
$49,390

Federal loans only; private or institutional loans aren’t included.

Estimated student payment · monthly
$307/mo
Estimated Parent PLUS payment · monthly
$628/mo
Modeled student + parent payments
$935/mo

Payments use school-wide median balances, not a specific major’s.

Student payment as a share of available income

At median graduate earnings of $68,968, with a $22,590 annual allowance for basic expenses:

7.9% of income above the allowance · Excellent

  1. Excellent Under 8% · selected scenario
  2. Good 8–under 12%
  3. Concerning 12–20%
  4. High risk Over 20%
How this estimate works

These are modeled earnings scenarios, not observed earnings percentiles. Annual student payments ÷ (earnings − basic-expense allowance). The starting allowance, $22,590, uses the published framework’s 2024 baseline; it is not a current local living-cost estimate. Change it for your budget, including taxes and other obligations. This combines school-level figures for illustration, not a typical individual’s budget or an official school rating. Parent PLUS is separate.

Read the framework and its limits.

Payment assumptions

Payments are 10-year standard payments on the median balance, before loan fees, used as a yardstick. Rates for newly issued loans may differ, and loans made after July 1, 2026 can repay over a longer term; existing loans keep their original fixed rates.

Explore your own numbers in Financial GPS

Data & methodology

Sources and reporting periods: methodology.

Analysis and methodology by Daniel Rogers, founder of College Azimuth.

Explanatory text is AI-assisted drafting checked against those figures; it is not an additional data source.

Figure notes link to sources and limitations. About College Azimuth.

Net price and borrowing. The 2023–24 income-band averages include living costs and cover eligible first-time, full-time aid recipients; public-school figures reflect in-state tuition. They are not individual aid offers. Peer matching supplies overall net prices, not matched income-band averages. College Scorecard data and documentation.

A personal student-risk assessment also needs your major and borrowing plan; these school-level illustrations do not assign you a personal risk zone.

Payments are 10-year standard payments on the median balance, before loan fees, used as a yardstick. Rates for newly issued loans may differ, and loans made after July 1, 2026 can repay over a longer term; existing loans keep their original fixed rates. Private-loan figures from the Common Data Set are separate from these federal repayment illustrations.