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Cost & financial aid brief

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# Monmouth University Tuition, Costs & Financial Aid

Updated October 1, 2026

[Overview](/school/monmouth-university/)Cost & aid[Outcomes](/school/monmouth-university/outcomes/)[Admissions](/school/monmouth-university/admissions/)[Majors](/school/monmouth-university/majors/)[Similar schools](/school/monmouth-university/similar/)

**On this page**+

## 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](/analysis/is-college-worth-it-part-1-the-net-price-illusion/) 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 pillar 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](/analysis/is-college-worth-it-part-1-the-net-price-illusion/) is $30,988, $3,617 above the median at comparable institutions (same type and size).

By family income, the average net price 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 price](/analysis/is-college-worth-it-part-1-the-net-price-illusion/)s 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](#cost-data-notes).

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 price](/analysis/is-college-worth-it-part-1-the-net-price-illusion/)s 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](/analysis/is-college-worth-it-part-1-the-net-price-illusion/), 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](/analysis/ou-what-happens-when-parents-borrow-too/) 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](/analysis/ou-what-happens-when-parents-borrow-too/) 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](/analysis/a-value-added-approach-to-college-outcomes/), the gap between what graduates earn and what the model 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](/analysis/ou-what-happens-when-parents-borrow-too/) 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](#combined-borrowing) are in the Financial GPS card below. [Borrowing populations and model assumptions](#cost-data-notes).

## Parent loans: what can the family afford?

[How Parent PLUS borrowing affects families](/analysis/ou-what-happens-when-parents-borrow-too/)

**Median Parent PLUS debt**
$49,390

**Estimated parent payment**
$628/mo

Modeled Parent PLUS pressure by income

| 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](#cost-data-notes).

## 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](/analysis/financial-gps-framework/).

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](/financial-gps/?tool=student&school=monmouth-university#student-tool)

## Data & methodology

Sources and reporting periods: [methodology](/methodology/).

Analysis and methodology by [Daniel Rogers](/about/#founder), 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](/about/).

**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](https://collegescorecard.ed.gov/data/).

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.