Cost & financial aid brief
Monmouth University Tuition, Costs & Financial Aid
How much does Monmouth University cost after financial aid?
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
| Income | Risk level |
|---|---|
| $35,000 | High pressure |
| $50,000 | High pressure |
| $75,000 | High pressure |
| $100,000 | High pressure |
| $150,000 | Caution |
| $200,000 | Safe |
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
- Excellent Under 8% · selected scenario
- Good 8–under 12%
- Concerning 12–20%
- 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.
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.
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.