Monroe College

In 2021, tuition for full-time students at Monroe College was $15,912 a year.

Tuition increased 3.11% in 2023–from $15,432 the previous year. Usually, colleges raise tuition about 3% each year.

Remember, the advertized cost of tuition does not always give you all the info you need to know how much you will actually have to pay for college. Many students owe much less than the total tuition after grants, scholarships, and tuition discounts kick in. Additionally, student loans can make theprice of collegefeel more doable until you're done with college.

Monroe College meets 77% of the demonstrated financial need for undergraduates. First-year students that attend Monroe College full-time are awarded $14,360 a year in financial aid, on average.

The average student debt for graduates in the class of 2023 was around $29,643 per student, not including those with no debt.

Does Monroe College Offer In-State and Out-of-State Tuition?

Monroe College is a private institution, which means it has the same tuition for residents of New York as it does for students who live in other states.

Public colleges and universities receive funding from the state government. Public, state schools can offer lower tuition for students who meet the requirements for in-state residency.

Choosing a college where you qualify for in-state status can cut the cost of college tuition. Don't forget to confirm your state's guidelines for how to qualify for in-state residency. Each state has different requirements to qualify as in-state resident. Most states require students to have resided in the state for a certain period of time before qualifying. There may be additional requirements as well, depending on the state you and your parents currently reside in.

Explore other New York colleges

Is Monroe College's Tuition Different for International Students?

Tuition at Monroe College is the same for each student.

Students from outside of the U.S. usually do not qualify for for loans or grants from the U.S. government, but should research private or school-specific aid and scholarships. International students with need may qualify for the following types of financial support at Monroe College:

•Athletic Awards •Monroe College-specific scholarships

International students without financial need may be eligible for merit-based institutional scholarships and athletic awards.

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Monroe College Room, Board, Fees, and More

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In addition to tuition, there are other costs associated with college, like room and board, facility fees, and books and supplies. Let's take a look at what impacts these costs, and what to expect at Monroe College.

Room and Board Costs at Monroe College

Room and board at Monroe College costs $11,500 a year. This number includes the cost of living in dorms or other on-campus housing, plus a meal plan that enables you to eat all or some of your meals the school dining facilities. Students who live off campus but still want to use the dining facilities can choose to be on a meal plan. The cost of board-only is $2,250.

Meal-plan costs can depend on how many meals are included in the plan you choose.

Cost of Books at Monroe College

The cost of books often surprises first-year college students. The real cost of books depends on the courses you take and the textbooks, computer programs, or other materials are required.. To save money, many students choose to use books from the library or buy books from students who have already taken the course.

Yearly Fees

Most schools also have fees to offsets cost associated with maintaining facilties, like the computer labs and libraries, athletic facilities, and more.

Keep in mind, there could also be additional fees associated with participating in special activities, like joining a fraternity or sorority, or participating in sports or other extracurriculars. Most colleges have ways for students with financial need to get help covering these fees.

Planes, Trains, and Automobiles: Transportation costs at Monroe College

The total cost of transportation in college depends on a few key factors. Will you take a subway, car or an airplane to get to school? Will you need to pay to park on-campus? Is the campus walkable? Do you own a car, or are you planning to use public transportation? All of these questions can drastically impact your transportation budget. Keeping in mind, first-year students are allowed to park a car on campus.

A school's location can also have a big effect on the amount you'll have to spend just to get around. Small, rural schools may be easier to get around, but the cost of getting to campus may be higher. On the flip side, transportation in an urban area is often costly, but there may be more buses, trains or affordable flights to actually get to school. The Monroe College campus is located in a city in New York, near New York City.

Other Costs

When estimating your budget for college, be sure to factor in the cost of things like entertainment, clothes, furnishings and toiletries.

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Total Tuition and Expenses at Monroe College

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Now, let’s do a rundown of all of the costs associated with college, to get a better idea of how much students can expect to shell out for Monroe College.

Total Cost of Monroe College

What will the cost of attending Monroe College be? Here is a breakdown of tuition and expenses.

2023 Total Tuition and Expenses
Tuition	$15,912
Room and Board	$11,500
Board Only	$4,800
Other expenses	$4,600

The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.

Total Estimated Costs
On-Campus	$34,022
Off-Campus	$27,322

The breakdowns above provide a good estimate of the total cost of attendance before financial aid and scholarships. Tuition and fees may vary depending on program, course level, location, and more.

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Monroe College Financial Aid

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The majority of Monroe College undergrads use financial aid to finance their education. In 2023, 4,285 of the 5,916 undergrads enrolled received financial aid. Monroe College meets 77% of the demonstrated financial need for undergraduates.

The average financial aid package for a full-time, first-year student is around $14,360 a year. Around 47% of Monroe College undergrads take out student loans to cover any remaining costs. Monroe College graduates who have student loans graduate with an average of $29,643 of student loan debt.

The average debt for each loan type varies.

Average Debt By Loan Type
Federal Loans	$29,538
Private Loans	$22,500

Most Common Loans for Monroe College Students
Federal Loans	47%

Most students take out institutional or government loans, because they tend to have lower interest rates and more flexible repayment options than private loans. Loans from the federal government can be subsidized or unsubsidized. Subsidized loans do not accrue interest during school, while unsubsidized loans begin accruing interest at the time the loan is issued. If students do no qualify for enough federal loans to cover the cost of tuition, some take out private loans. Parents can also take out ParentPLUS loans, which are government loans for parents who are helping their children pay for college.

The Free Application for Federal Student Aid (FAFSA) helps colleges determine how much financial need students and their familes have, so they can offer a financial aid package that meets, or come close to meeting, their need. For more information on Monroe College financial aid, keep reading, or visit their financial aid website.

Scholarships at Monroe College

Some students may receive grants and scholarships to help pay for college. Unlike loans, scholarships and grants do not have to be paid back.

In 2023, Monroe College awarded 4,227 need-based scholarships to students, giving away total of $57.4 million to help students with financial need cover the cost of school.

Net Cost of Monroe College

The net price of college is the actual cost of attending a school for one year. Net cost is calculated by subtracting any scholarships, grants or other aid that does not need to be paid back from the total cost. Student loans are not part of the calculation, because they need to be repaid.

Now that we have a sense of the total estimated costs for Monroe College students, we can subtract the average financial aid package to find the estimated net cost. Net cost can vary depending on a students’ need and the financial aid award received.

When considering whether a school fits your budget, it is important to consider the estimated net cost, not just the sticker price of tuition. Often, schools with the highest tuition also offer the most generous aid packages, so estimate your net cost before eliminating a school because it does fit your budget.

The average amount of financial aid received by a full-time first year student with demonstrated need at Monroe College was $14,360 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Monroe College seem more manageable.

Estimated Net Cost for Full-Time Students
On-Campus	$19,662
Off-Campus	$12,962

What will attending Monroe College really cost you? The answer depends on several factors.

As of 2011, colleges are required to have a net price calculator on their website to help prospective students and their families make more informed decisions about the actual cost of attending that school, based on their financial situation. You can find the Monroe College's net cost calculator on their website.

Monroe College Tuition Payment Plans

Some students choose to use payment plans to make the cost of tuition fit more comfortably in their budget.

Students cannot pay tuition in installments. Contact the financial aid office to verify this and discuss options.

Does Monroe College Offer Tuition Waivers?

Schools sometimes waiver tuition for certain groups, to reduce the total cost of attendance. Some schools offer tuition waivers for employees and their family members, underrepresented students, or military students. Even with a tuition waiver, other expenses and fees are the responsibility of the student.

Check the financial aid website for more information on payment plans and tuition waivers.

Monroe College's Endowment

An endowment is the total value of a school's investments, donations, and assets. Endowment is not necessarily an indicator of the quality of a school, but it can give you a sense of how much money a college can afford to invest in expanding programs, improving facilities, and supporting students.

For more information about Monroe College's endowment, check with the school directly.

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Learn More About Monroe College

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Click below to find out more about the admissions requirements and deadlines, student life, academics, majors and more.

Overview

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