Cost Details
- In-State Tuition
- $43,520
- Out-of-State Tuition
- $43,520
- Average Net Price
- $18,034
- Students Receiving Financial Aid
- 30.9%
- Room & Board (On Campus)
- $11,116
- Room & Board (Off Campus)
- $11,100
- Books & Supplies
- $900
- Total Cost of Attendance
- $55,536
- Median Debt at Graduation
- $27,000
- Estimated Monthly Loan Payment
- $286/mo
- Loan Repayment Rate
- 66.1%
- Students Taking Federal Loans
- 72.0%
- Pell Grant Recipients
- 30.9%
Net Price by Family Income
Average annual net price after grants and scholarships. Source: U.S. Department of Education
| Family Income | Average Net Price |
|---|---|
| $0 – $30,000 | $12,780 |
| $30,001 – $48,000 | $14,353 |
| $48,001 – $75,000 | $15,568 |
| $75,001 – $110,000 | $18,615 |
| $110,001+ | $22,788 |
Cost Estimator
Cost Overview
Families typically pay $18,034 per year at Monmouth College, despite the $55,536 sticker price. Low-income families pay just $12,780 annually, while those earning over $110,000 pay $22,788. Over four years, middle-class families can expect to pay around $72,000 total.
The school awards generous institutional grants averaging $34,351 to nearly 25% of students. Graduates leave with $27,000 in median debt, translating to monthly payments of $286. That debt load represents about 7% of graduates' median starting salary of $49,373. The college's Presbyterian heritage emphasizes making education accessible across economic backgrounds.
Students from working-class and middle-class families get the strongest financial advantage here. The college's small size allows for personalized financial aid packages that can make this Illinois liberal arts education surprisingly affordable for families earning under $75,000.
The school awards generous institutional grants averaging $34,351 to nearly 25% of students. Graduates leave with $27,000 in median debt, translating to monthly payments of $286. That debt load represents about 7% of graduates' median starting salary of $49,373. The college's Presbyterian heritage emphasizes making education accessible across economic backgrounds.
Students from working-class and middle-class families get the strongest financial advantage here. The college's small size allows for personalized financial aid packages that can make this Illinois liberal arts education surprisingly affordable for families earning under $75,000.
Official Net Price Calculator
Get a personalized cost estimate from Monmouth College:
Visit Official Net Price CalculatorThis links to the school's federally-required net price calculator for a personalized estimate.