MCI Institute
of NJ
For-profit College in Ocean, NJ. Six-year graduation rate 100%.
The six-year graduation rate of 100% is well above average and the clearest sign this school holds onto its students. Borrowing stays contained, with median debt at graduation of $10,836.
- ✓ Graduation rate 100% — well above the national average
- ✓ 3-year loan default 0.0% — below national benchmark
Academics
A 100% six-year graduation rate is the strongest academic signal on this page. The 12:1 student-faculty ratio is small enough that seminar-sized classes are the norm. Being a for-profit two-year institution is the single most useful context for these numbers — the sector's spread is wide enough that the school-level figures matter more than usual. This is a small school — 241 undergraduates — so cohorts are tight and the program list is necessarily short.
Financial Aid
IPEDS Student Financial Aid · 2023-24 · grant and loan rates against 238 degree- or certificate-seeking undergraduates
One gap to flag: this institution does not report an average net price, so the figures here describe who receives aid rather than what a year actually costs. Use the school's own net price calculator before comparing it against anywhere else. Grant aid is limited — 37% of students receive any. 43% of students take federal loans, a middling borrowing rate.
Entering first-year students
A different, smaller group than the rates above: full-time students in their first year of college anywhere. The grant series here also excludes the "other sources" counted in the all-undergraduate figure, so the two are not comparable.
IPEDS Student Financial Aid · 2023-24 · 14 students
Federal student loans went to 102 of these 238 students, totalling $944,288 — an average of $9,258 each.
IPEDS Student Financial Aid · 2023-24
Local housing costs
Typical rents near campus (Monmouth County) — budget these against any cost-of-attendance housing estimate.
HUD Fair Market Rents (40th-percentile gross rent incl. utilities) · FY2026
Veterans & GI Bill
VA GI Bill Comparison Tool (Veterans Affairs GIDS)